The partnership is targeted at companies in the technology sector, including subsectors such as medtech, biotech, cleantech, digital tech and consumer tech.
Analysts at UOB said the two consecutive months of contraction in Singapore NODX have alarmed market watchers since it was growing at an average growth of 14% over the 5 months prior.
British Prime Minister Theresa May has suffered an embarrassing setback as her Conservative Party has lost their overall majority off the back of a close general election, resulting in a hung parliament. Whilst the Conservatives hold the most seats, they do not have enough to establish outright control.