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Saigon Innovation Hub joins ASEAN startup programme

The Saigon Innovation Hub (SIHUB) has been appointed by the government of Malaysia as the only representative of Vietnam to join the ASEAN startup programme.

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The Saigon Innovation Hub (SIHUB) has been appointed by the government of Malaysia as the only representative of Vietnam to join the ASEAN startup programme.

The information was announced at the first Malaysia Tech Week 2019 which took place from June 17-21. At the event, Malaysia New Entrepreneur Foundation launched the initiative to build a Southeast Asian startup community under the name Rice Bowl Republic to compete with the four big startup hubs in the world: the US, China, India and Europe.

The ASEAN Rice Bowl Startup Awards was also launched at the event.

The awards, which covers 13 categories, is said to be a “door” to help startups, startup incubators and co-working space centers, and universities access investors and join the global playground with as much support as possible.

Participants of the event pledged to remove obstacles in innovation movements in Southeast Asian nations and support the development of startup ecosystems in separate countries.

National News Bureau Of Thailand

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Global fashion e-tailer Shein launches new hub in Singapore

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Shein has websites for Singapore, Indonesia, Thailand, Vietnam, and the Philippines and has plans to create a standalone website for Malaysia too.

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How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

The government is expected to draw on S$53.7 billion (US$40 billion) from its reserves for this year and an additional S24 billion (US$17.8 billion) over the next three years to assist local companies transition into a post-pandemic business environment.

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How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

Singapore’s government has provided an array of fiscal and non-fiscal incentives to help businesses reduce their overhead costs during the pandemic.

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