Bloomberg Sales of fast moving consumer goods in rural India had their slowest growth in seven years as sagging incomes and a broader credit crunch weighed on spending in the country’s hinterland, where the majority of its population lives. Sales growth of corner-store items from tea to toothpastes dipped to 5% across India’s villages in the quarter ended September, tumbling ...

Bloomberg Investors poured a record $735 million into financial-technology ventures in Singapore in the first nine months of this year, according to research from Accenture Plc, which analysed data from CB Insights, Pitchbook and Tracxn. That’s up 69% from the same period a year earlier and exceeds the $642 million raised in all of 2018, the study found. Investments in ...

Bloomberg Singapore said it wants all four of its carriers to introduce 5G services, with half the city-state covered by a standalone network by 2022 to maintain competitiveness in developing technology. The telecom regulator said it will select two network operators to deploy the 3.5GHz spectrum band on a standalone basis, while the two others will get bandwidth for upgrading ...