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.

The Straits Times Index rebounded on Tuesday, posting a 0.4 per cent gain at the close of trading.

Singapore stocks rebounds on Tuesday; STI up 0.4%

Across the broader market, gainers beat losers 400 to 181, after 1.6 billion securities change hands

South-east Asia private equity exit value fell in 2025.

Asia-Pacific private equity exits rebound, net distributions turn positive in 2025: Bain

General partners list robust IPO markets and strong public market performances as catalysts for the rebound

Within the STI, only Sembcorp Industries was in the green, up 2.6% or S$0.16 at S$6.31.

Singapore stocks fall on Monday; STI down 2.2%

Across the broader market, losers beat gainers 554 to 144 after 2.1 billion securities change hands

2026 could see more private equity exits in South-east Asia with a backlog accumulated over the recent years.

S-E Asia’s private equity dry powder remains high as exits still subdued: Deloitte

20 of such deals registered in 2025, a drop from 28 the previous year

Grab will acquire foodpanda's Taiwan business, entering its first market outside of South-east Asia.

Grab to buy foodpanda’s Taiwan business for US$600 million

The deal marks Grab’s entry into its first market outside South-east Asia

EFG's growth in Asia Pacific has been driven by new client relationships rather than existing ones.

Apac to lead Swiss private bank EFG’s growth; region contributes 25% of AUM

Hong Kong remains a core market with an established wealth ecosystem and its position as a gateway to China

Customers will be able to transact with PYUSD directly from their PayPal wallets.

PayPal launches stablecoin PayPal USD in 70 markets including Singapore

This will enable instant cross-border transfers in US dollars

Infrastructure isn't necessarily a stable asset through crisis, said Raj Aggarwal, global head of real assets at KKR.

Infrastructure not a safe-haven asset, but Asia-Pacific remains a bright spot: KKR

Investment firm sees potential in the region, which accounts for about 60% of global economic growth

Private credit's long-term leverage has not drastically increased in 2025.

Private credit not in a bubble: Hamilton Lane 2026 market overview

Private markets log the second-highest year for aggregate distributions in 2025