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ADB expects Asia to grow 6% this year

Manila based institution, Asian Development Bank released an update of Asian Development Outlook on Wednesday which clearly stated that Asia will grow 6% this year and 5.8% next year. According to the report, China is expected to grow 6.6% and 6.3% in 2018,2019 where India is expected to grow 7.3% and 7.6% in the same period. The reasons for growth are
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Google forecasts Southeast Asia’s Digital economy to triple by 2025

With over 650 million cumulative populations, Southeast Asia’s Digital economy is predicted to reach $240 billion by 2025 according to “e-Conomy SEA” report by Google. The report suggests that internet economy will grow by 44% this year from last year to $72 billion, which was only $19.1 billion in 2015. Online travel (30 billion) tops the chart in bringing in revenue,
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MassMutual Ventures launches US$50M Southeast Asia focused fund

Boston-based venture capital fund MassMutual Ventures today announced the establishment of its US$50 million Southeast Asia-focused fund MassMutual Ventures Southeast Asia (SEA).
“We made the decision just about a year ago to evaluate expanding into SEA and establishing a dedicated fund here. The primary rationale is just the tremendous opportunity that we see in the last several years, of entrepreneurs forming businesses and
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Go-Jek’s pre-registration portal open for Singapore

As part of expansion to Southeast Asia’s Singapore, Go-Jek has officially announced that it has launched a portal for drivers in Singapore to pre-register their vehicles to its platform prior to the launch of the service in the city-state. In an official statement, Go-Jek said that, over the coming weeks, interested drivers who provide their contact details will receive notifications from
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Fastwork raises US$4.8M led by Gobi Partners

Online freelancing platform, Fastwork, with operations in Thailand and Indonesia, announced today it has secured US$4.8 million in Series A financing round led by regional venture capital firm Gobi Partners. Vickers Venture Partners, LINE Ventures, and Partech Partners also joined the round, which brings Fastwork’s total amount raised to date to US$5.5 million.
“SMEs are growing at an unprecedented pace in
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Decision Making Tips For Startups

Decision making is very crucial for any startup. The decisions won’t only impact you but also the company’s direction. In the early years of your startup- decision making could be very daunting and even scary. You will have to be very patient throughout and make your decisions very calmly. Here are few tricks to help in your decision making. Prioritize time Startups
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5 Sales Tips For Startups

A successful startup is the result of thousands of hours of work and tremendous effort. Coming up with a great product or service needs so much works, but that’s just the beginning. After that comes the hard part- selling your product. Some startups fail to understand the key meaning of selling. The act of selling is not about pushing the
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500 Startups To Launch Second 500 Durians Fund

500 Startups has launched a second 500 Durians-fund targeted to be worth US$50 million to double down on Southeast Asia. 500 Durians II will sign US$50,000- US$150,000 checks for about 200 seed-stage companies in the region. It will also invest US$500,000 in those that show exceptional progress. Funding for Durians II was kickstarted by Mavcap, the Malaysian government’s VC arm.  
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