News Formal

UOB-backed business accelerator forays into Thailand, eyes helping SMEs digitalise

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

SINGAPORE business accelerator The FinLab has ventured into Thailand and is ready to fork out at least 10 million baht (S$425,900) on Thai small and medium-sized enterprises (SMEs) to help them go digital. Read more at The Business Times.

SINGAPORE business accelerator The FinLab has ventured into Thailand and is ready to fork out at least 10 million baht on Thai small and medium-sized enterprises to help them go digital.

The accelerator is targeting companies in food and beverage, fast-moving consumer goods, construction, logistics, retail, wholesale and travel – industries which Mr Tan said are facing disruption the most. The companies should also have regional growth plans and an annual turnover of 25 million baht to one billion baht.Thailand is The FinLab's first stop in its plans to extend the programme to the rest of South-east Asia in future.

Just last week, UOB and OctoRocket.asia signed a memorandum of understanding to enable small businesses in South-east Asia to apply quickly for financing through OctoRocket's platform.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Industry body unveils fintech accelerator and mentorship programme for asset managersTHE Investment Management Association of Singapore (IMAS) has launched a fintech accelerator and mentorship programme for asset managers. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

AJ Capital-backed Symbo launches online insurance broking business in S'poreINSURTECH startup Symbo Platform Holdings has obtained an insurance brokerage licence to bring its digital insurance platform to Singapore consumers, the company told The Business Times (BT) on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »