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.

Carousell will concentrate on remaining Ebitda-positive, says Leung Shing Tai, its chief strategy officer.

Carousell turns ‘Ebitda-positive’ in FY2025 as recommerce powers growth

Kelly Young, CEO of the quant manager, says: “We feel that the strategies we have in place today work well for the part of the wealth segment we are targeting.”

Asia is at forefront of Acadian Asset Management’s private-wealth push: CEO

In Indonesia, the layoffs were about realigning the R&D organisation to drive long-term sustainable growth.

TikTok slashes content moderation teams globally; Singapore among markets affected

HSBC is probably the first bank investors tell founders to call, says Jonathan Yip, head of Innovation Banking Asia at the bank.

HSBC deepens Asia startup push three years after Silicon Valley Bank deal

From left: BeeX co-founders Goh Eng Wei and Grace Chia. The startup has deployed its drones across the Asia-Pacific and Europe.

Drone startup BeeX raises US$7.7 million Series A round from Monk’s Hill Ventures, Seeds Capital

Airwallex’s Apac general manager Arnold Chan says that the company is not constrained by arbitrary timelines, and will list when the factors are right.

Airwallex raises US$320 million Series H round, aims to be IPO-ready this year

Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

In hiring for AI-fluent users, companies will do well to better define and test applicants on their capacity for human oversight.
THINKING ALOUD

Employers want AI-fluent employees. Hiring them is the challenge

Lazada says it will treat affected employees in accordance with the applicable requirements based on the market they are in.

Lazada cuts about 5% of workforce, a sign of maturing e-commerce sector in S-E Asia

Ho Kuen Loon of Fullerton Health says: “To us, data and AI are not tools, but engines that enable us to make the whole healthcare system more efficient."

Tapping tech and AI key to bringing down costs: Fullerton Health CEO