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JOHOR BARU: For some shoppers and business operators, they are quite frustrated that the locations listed in the Hotspot Identification for Dynamic Engagement (HIDE) system had to close for three days just as Hari Raya Aidilfitri nears.
Administrative assistant Maisara Abd Rahman, 38, who has been frequenting a hypermarket in Tampoi, said its temporary closure posed an inconvenience to her.
She had planned to do her Raya shopping yesterday after spring cleaning her home the day before.
“The hypermarket is the closest to my home as I avoid travelling out of the area since the movement control order is once again implemented in Johor Baru.
February 14, 2021
Southeast Asia has drawn increasing interest from global venture capital (VC) firms wanting a slice of the emerging market growth story. A total of $4.08 billion was raised by nine global funds in 2020 with significant allocations for private companies in the region, a massive jump from $867 million bagged by five funds in 2019, per our latest report, SE Asia’s VC Funds: Q4 2020 Review.
On the other hand, Southeast Asia’s venture capital firms suffered a significant 39% drop in fundraising at $1.96 billion in 2020, as travel restrictions in the wake of the COVID-19 pandemic and increased limited partner caution affected fundraising.
Staying with data-led stories, we captured deal-making activity in Greater China where private equity and venture capital firms took a breather in January after the hectic deal flow witnessed towards the end of 2020. Chinese startups collected almost $7.5 billion in January 2021, down 17.6% from December, according to our data. Th
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SINGAPORE, Feb 9 (Reuters) - Chandrima Das, the head of wealth management at ride-hailing and food delivery firm Grab, which is making a big push into financial services, is leaving the Southeast Asian company, sources familiar with the matter told Reuters on Tuesday.
The sources, who declined who declined to be identified as they were not authorised to speak to the media, also said that Huey Tyng, the head of Grab’s payments business, is stepping down from her role.
A spokesman at Grab confirmed that Das will be leaving Grab Financial Group (GFG) for personal reasons, while Tyng will take on an advisory role at GFG and leave her current position.
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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi