33.4 C
Sunday, March 3, 2024
Home Business Singapore is Set to Become the “Silicon Valley of Asia”

Singapore is Set to Become the “Silicon Valley of Asia”

With Tencent, ByteDance and Alibaba’s plan of adding regional hubs in Singapore, the city-state is set to become the Silicon Valley of Asia, providing hundreds of jobs over the next three years. 

These companies are expected to join tech giants such as Facebook, Google Amazon, Stripe, Salesforce and Grab that have already placed headquarters and major operations, including engineering and R&D centers, in the lion city. 

While this will help the city’s ecosystem by providing more resources and funding opportunities, this would also result in startups competing more aggressively for fresh talents. On a brighter note, the presence of global tech giants and Singapore’s unicorns like Grab and Sea is also expected to bring more exit opportunities for startups. 

Full details on:


- Advertisment -

Most Popular

Entrepreneur Talk – Jeffrey Tan

Entrepreneurship often begins with a spark of passion and a vision for creating something unique. In this interview, we delve into the journey of...

How a Legal Victory for XRP Boosted Crypto Market Confidence

The crypto market has been on a roller coaster ride in the past year, with prices plummeting due to regulatory crackdowns, legal battles and...

Why Temasek is backing away from crypto-related companies

Singapore’s state-owned investment giant Temasek has recently announced that it is dropping its plans to invest in crypto exchanges, citing regulatory uncertainties and market...

Entrepreneur Talk – Kenwyn

Some of the best businesses are started out of a hobby, and that's what has happened for Kenwyn. Read on to find out more about...