Women entrepreneurs in Singapore battle to win equal slice of funding pie: HSBC

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

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Women entrepreneurs in Singapore battle to win equal slice of funding pie: HSBC_SG

DESPITE tighter levels of liquidity and perceptions of gender bias in the pitch process, female entrepreneurs based in Singapore are achieving the same funding success as men, more than in most established markets worldwide, new research by HSBC found.

The lower success rate for funding in Singapore is most likely linked to the limited amount of capital here relative to other countries, a HSBC spokesperson told BT on Wednesday.Latest data from the Singapore Venture Capital & Private Equity Association show that in 2018 venture capital and private investment fundraising in South-east Asia - the bulk of which came from Singapore - totalled US$1.8 billion.

In the UK and US men entrepreneuers were more successful than their female counterparts, with 63 per cent raising the capital needed versus 57 per cent and 53 per cent of women.

 

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

Singapore Latest News, Singapore Headlines

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

HSBC says Singapore recruitment plan still on trackSINGAPORE is unlikely to be hit hard by HSBC's latest layoffs that threaten up to 10,000 workers - or 4 per cent of its 238,000 global headcount - as the Republic is considered among the markets it's counting on for growth. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

HSBC to cut up to 10,000 jobs in drive to slash costs: FTHSBC Holdings Plc is planning to cut up to 10,000 jobs, more than 4per cent of its workforce, as interim Chief Executive Officer Noel Quinn seeks ... consumer banks will be dinosaurs with fintech, who in their right mind would leave their money earning 0.09% interest with all the online banks offering 20x more
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Woman accused of embezzling money from cafe at NUS jumps bail, warrant of arrest issuedSINGAPORE — A woman facing two charges of embezzling money from a cafe at the National University of Singapore (NUS) failed to show up in court on Tuesday (Oct 8).
Source: TODAYonline - 🏆 1. / 99 Read more »

HSBC says Singapore recruitment plan still on trackSINGAPORE is unlikely to be hit hard by HSBC's latest layoffs that threaten up to 10,000 workers - or 4 per cent of its 238,000 global headcount - as the Republic is considered among the markets it's counting on for growth. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Woman accused of embezzling money from cafe at NUS jumps bail, warrant of arrest issuedSINGAPORE: A woman facing two charges of embezzling money from a cafe at the National University of Singapore (NUS) failed to show up in court on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Aviva Investors launches sustainable fund in SingaporeSINGAPORE - Aviva Investors, the global asset management business of the insurance giant, has launched a sustainability-focused multi-asset fund for both accredited and retail investors in Singapore.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »