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2025-05-10 03:05:28 -

Digitalization can reduce persistent inequality in Asia and the Pacific, says ADB
Digitalization can be a powerful tool to help reduce persistent economic inequality in Asia and the Pacific—but to harness its potential, governments need to narrow “digital gaps,” including gaps in infrastructure, access, and skills, according to a new report by the Asian Development Bank (ADB). The bank said in a statement on Tuesday that although developing Asia and the...

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2025-05-10 05:21:31 -

Singapore’s Granite Asia announces $250M first anchor close of private credit strategy
Singapore’s venture capital firm Granite Asia has secured over $250 million in anchor commitments for its private credit strategy, Libra Hybrid Capital Fund, ahead of the official fund launch. The initial commitments include backing from top Asian sovereign wealth funds, as well as capital from Granite Asia’s general partners and its 25-year network of founders and entrepreneurs,...

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2025-06-06 08:51:49 -

Singapore’s Syfe raises $80M Series C for regional expansion
Singapore digital investment platform Syfe has announced the successful close of its Series C funding round of $80 million. The firm said in a statement on Thursday that this includes a new all equity C2 of $53 million at a significantly increased valuation and adds to the C1 raise of $27 million in August 2024, underscoring its strong business performance and growing investor confidence in...

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