Southeast Asia

IMF sees global growth hurt by trade tensions but no recession

Insights

17-Apr-25 Sweeping shifts in the global trading system will trigger downward revisions of the International Monetary Fund's economic forecasts but no global recession is expected. [image: Cory Hancock]

Southeast Asia’s Internet economy to breach USD100 bn this year

Insights

03-Oct-19 Southeast Asia’s Internet economy will reach USD100 bn in 2019, up 39 percent from USD72 bn last year. While Malaysia, the Philippines, Singapore and Thailand are expanding at 20-30 percent, growth in Indonesia and Vietnam is over 40 percent. [image: bennymarty/123RF]

Vietnamese healthtech firm BuyMed banks USD500k in seed round

Insights

25-Sep-19 Vietnam-based BuyMed, the startup behind pharma distribution marketplace Thuocsi.vn, has secured USD500,000 in seed funding led by Singapore’s Cocoon Capital and VietCapital Ventures. BuyMed was founded in 2018 to simplify healthcare distribution in Vietnam and Southeast Asia. [image: BuyMed]

New app in Singapore to offer savings on both private and public transport

Insights

16-Sep-19 Savings of up to 20 percent are in the offing for commuters with a new app in Singapore, backed by major transport players. The Zipster app will offer savings on public transport, private-hire cars and even shared electric cars. [image: Gin Tay]

Hong Leong Group and TPG to acquire 17 Columbia Asia hospitals

Insights

13-Sep-19 Malaysia's Hong Leong Financial and PE firm TPG will acquire Columbia Asia Hospitals in Southeast Asia for USD1.2 bn. They will own Columbia's 17 hospitals in Malaysia, Indonesia and Vietnam, but not its 11 hospitals in India. [image: New Traits Times]

IMF sees global growth hurt by trade tensions but no recession

Southeast Asia’s Internet economy to breach USD100 bn this year

Vietnamese healthtech firm BuyMed banks USD500k in seed round

New app in Singapore to offer savings on both private and public transport

Hong Leong Group and TPG to acquire 17 Columbia Asia hospitals

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