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Big Data analytics at the heart of Smart Nation push: SAS

SingaporeBIG Data analytics is at the heart of Singapore's Smart Nation push, says Tan Yen Yen, regional vice-president and managing director of SAS, a US-based business analytics and software provider, which counts DBS Bank, among others, as a major customer in this region. The Smart Nation will tap into the data that can be collected by public-sector agencies which, after being anonymised, will...


Rocket launching Asian start-ups in double-quick time

German venture capital firm Rocket Internet is so keen on Asia's potential that it plans to launch a start-up every three months. The company cites the region's growing middle class and high penetration of phones, yet it also sees opportunities in virgin markets such as Myanmar, which allow it to be first-movers in areas like e-commerce, said Asia-Pacific chief executive Hanno Stegmann. It has...


Start Singapore: Redmart raises $38m for global expansion

Redmart raises $38m for global expansion Singapore-based e-grocer Redmart has raised nearly US$27 million (S$38 million) to fund international expansion as well as give greater impetus to new products such as its own dry and fresh private label offerings. The latest funding round was led by existing investors, namely, Singapore game publishing platform Garena, Facebook co-founder...


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