Chartered

GBA Business Confidence Index increment on record high

Resumption of normal travel boosts business confidence HONG KONG, Apr 17, 2023 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the GBA Business Confidence Index (GBAI) for the first quarter of 2023. The current performance for "business confidence" jumped 11.8 points to 51.3, which was also the first above-50 print since the fourth quarter of 2021. The expectations index leapt to 61.5, the 16.4 points jump was the biggest on record since GABI was launched in the second quarter of 2020. The

SC Ventures and SBI Holdings sign MOU to accelerate portfolio expansion and build ecosystems

9 May 2022, Singapore - SC Ventures, Standard Chartered’ s innovation, fintech investment and ventures arm, announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings, Inc to expand their portfolio, both at a business and geographic level, and to explore new ecosystems through this partnership. SBI is a major Japanese financial conglomerate, with verticals in asset management, financial services and biotechnology-related businesses. Its venture capital fund has a diverse investment portfolio covering internet technology, fintech, artificial intelligence and big data, blockchain and crypto assets. SC