emerging technology

DBS launches zero-cost business toolkit to attract high-growth startups

SINGAPORE (Nov 4): DBS Bank has rolled out a zero-cost business toolkit that comprises a suite of banking and professional services for high-growth startups in the software, Internet and emerging technology industries

According to DBS, the  “DBS Startup Unleashed” toolkit comes on the back of venture investors putting some $13.4 billion into Singapore-based startups over the course of the first nine months of the year. 

Emerging tech seen as key to keeping up with investment growth objectives: State Street

SINGAPORE (Dec 12): A recent survey of over 500 global asset managers shows that more than two thirds, or 68%, of global institutional investors are concerned about their ability to hit their growth objectives within the current market environment.

Published by State Street Corporation, the study entitled New Routes to Growth found a majority 72% of asset owners expect to adopt a more defensive investment strategy going forward, with the same proportion of asset managers intending to slow their plans for expansion over the next five years.

Emerging technology poised to take off in 2017

SINGAPORE (Jan 4): Emerging technology such as smart homes, digital assistant devices, virtual reality, and drones could drive the US consumer technology industry to record-high retail revenues of US$292 billion ($423 billion) in 2017.

This is according to an industry report published Tuesday by US-based Consumer Technology Association (CTA).

The CTA consensus forecast reflects US factory sales-to-dealers for more than 300 consumer tech products.

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