around asia
Singapore, India’s central banks to link PayNow and UPI by July 2022
The linking will provide users an easier way to make instant and low-cost fund transfers from one bank account to another between the two countries.
The long and winding road to recovery has begun
With China in the doldrums, it will be an uphill battle to revive the global economy despite the stimulus measures that governments are doling out.
Commentary: Should Masayoshi Son step away from SoftBank Group?
SoftBank Group’s shares could be worth far more if the conglomerate were liquidated and Son didn’t make new risky investments.
Prepare to ride out this pandemic-triggered recession until 2022
As startups struggle to survive the from Covid-19, companies will have to adapt stricter financial discipline, while pivoting their businesses.
“We will see a strong recovery” after Covid-19, just like SARS
Adapting quickly to the fast-deteriorating business environment will be key for startups to survive.
Why are alternative protein startups like Impossible Foods scaling to China?
While most pivot their businesses amid the pandemic, alternative protein startups are setting their sights on the world’s most populous country.
Commentary: Should Sea sell Shopee and focus on Garena?
While Garena has become highly profitable, Shopee has been burning a lot of cash. Splitting Sea into two companies is perhaps the best option.
Gojek’s $1.2b fundraise shows investor confidence despite tepid economic environment
News from Gojek provides encouragement in these uncertain times. We have to cultivate seeds of good news before green shoots of recovery can sprout.
Declaring Covid-19 as a pandemic is our best shot at defeating an invisible enemy
Only time will tell whether these government measures will curb the pandemic. But the economic fallout is more worrying.
Commentary: China’s manufacturing confidence soars. It could be a false rally
The truth is that few industries will be immune from the upcoming economic slowdown arising from the coronavirus pandemic.



