Benjamin Cher

Benjamin Cher

CORRESPONDENT

Benjamin is a correspondent with BT’s Companies and Markets team. He covers the tech and venture capital ecosystem in Southeast Asia. He was previously with Garage, BT’s startup and venture capital portal, and The Edge Singapore.

Startups in Asia Pacific took an average of 4.6 funding rounds to reach unicorn status.

Unicorns likely to turn to private equity for financing: Preqin

Private markets could reach US$32 trillion in AUM by 2030

The Indonesian market, a traditional cornerstone of South-east Asian PE, continues to be a challenge.
OUTLOOK 2026

After a tepid 2025, cautious optimism is building for private equity in 2026

More sectors could become attractive to investors next year as valuations are largely reset

Quadria's expansion into The Middle East will be to tap opportunities that its experience can seize, says Sunil Thakur, partner and head of South Asia at Quadria Capital.

Quadria Capital expands into the Middle East with new Dubai office

This follows its partial exit from its portfolio company via an IPO in India

The exit environment for VCs seem to be improving in 2025.

Private equity, venture capital face tougher fundraising in 2025: Preqin report

Europe and Asia-Pacific lag North America on both fronts

Singapore stocks continued to gain ground on Friday, mirroring regional benchmarks.

Singapore stocks gain more ground on Friday; STI up 1.5%

Jardine Matheson is top performer on benchmark index, rising 4.9% to US$69.94

The contract involves delivery of a major part of BalWin5, a new 2.2 GW offshore high-voltage direct current grid connection.

Seatrium consortium bags major contract with TenneT to link Germany’s grid with North Sea wind power

This brings Seatrium’s value of new wins for FY2025 to over S$4 billion to date

Singapore stocks rallied after the Fed announced a rate cut on Thursday.

Singapore stocks inch up after Fed rate cut; STI rises 0.2%

Across the broader market, gainers edge out losers 256 to 244 after 1.1 billion securities worth S$1.3 billion change hands

This funding will help in further automation of Validus' supply chain financing platform said Nkhilesh Goel, co-founder and CEO, Validus.

Validus raises US$30 million Series D round led by Malaysia’s sovereign wealth fund Khazanah

Startup matches SMEs’ supply-chain financing needs to its pool of institutional investors

Nobuya Kawasaki,CEO, MUFG APAC

Connecting clients, portfolio companies is next for Japan’s MUFG in Asia-Pacific

Leveraging stakes in banks in Indonesia, Thailand, Vietnam and the Philippines enables MUFG to extend more support to its customers

The three local banks had a mixed showing on Dec 10.

Singapore stocks close flat ahead of Fed interest rate decision

The STI ends the day flat; the iEdge Singapore Next 50 Index is 0.1% lower