News

Twice as many Singapore firms report worsening payment delays as compared to improvements – Coface

Payment discipline among Singapore businesses is showing signs of deterioration, with substantially more firms reporting an increase in both the frequency and severity of payment delays than an improvement over the past year, according to Coface’s APAC Payment Survey 2026 revealed on Tuesday.

Singapore’s Keppel DC REIT acquires two hyperscale colocation data centers in Tokyo for $1.19B

Keppel DC REIT and Keppel Ltd. (Keppel) have indirectly entered into agreements with unrelated third-party sellers, to collectively acquire 90 percent effective interests in Tokyo Data Center 4 and Tokyo Data Center 5, two freehold, hyperscale fully-fitted (colocation) data centers located in Inzai City, Greater Tokyo, Japan, for JPY 190 billion ($1.19…

Data center boom to lift S&SEA growth, but local gains hinge on ecosystem development – Moody’s

South and Southeast Asia are well positioned to capture the economic opportunities arising from the global data center boom, but the long-term credit benefits will depend on how effectively countries turn infrastructure investment into broader, locally anchored economic growth, Moody’s Ratings said on Tuesday.

MAS consults on legislative amendments to implement stablecoin regulatory framework

The Monetary Authority of Singapore (MAS) has on Tuesday published a consultation paper on proposed legislative amendments to the Payment Services Act 2019 (PS Act) to implement MAS’ regulatory framework for stablecoins in Singapore.

Alipay+ connects to QR Ph for cross-border payments in the Philippines

PPMI and Alipay+ have connected Alipay+ to QR Ph, allowing supported international e-wallet and banking-app users to pay Philippine merchants through existing QR Ph codes.

Philippines’ Lumio Solar raises $900K pre-seed round led by 100×100

Philippine climate-tech company Lumio Solar has raised a $900,000 pre-seed round led by 100x100 to scale distribution of consumer-ready solar appliances and equipment.

MAS commits $173M to support next phase of FinTech innovation

The Monetary Authority of Singapore (MAS) announced Monday a S$220 million ($173 million) commitment over three years under the renewed Financial Sector Technology and Innovation Scheme (FSTI 4.0) to strengthen Singapore’s FinTech ecosystem and accelerate innovation and technology adoption across the financial sector.

Singapore’s ComfortDelGro JV with RATP Dev wins $2.7 billion contract to run the Copenhagen Metro

Singapore transport operator ComfortDelGro Corporation Limited, through KBH Metro Partner, its joint venture with RATP Dev, announced Monday that the consortium has been selected to operate and maintain the Copenhagen Metro under a contract valued at DKK17 billion ($2.6 billion).

Singapore’s Beyond Border appoints former Airbnb and Zenyum executives as Advisors as it expands across the US & Latin America

Beyond Border, a Singapore-founded, tech-enabled U.S. immigration platform, announced Thursday the appointments of former Airbnb executive Kum Hong Siew as Business Advisor and former Zenyum Chief Marketing Officer Bassam Abdel-Rahman as Growth Advisor.

CrowdStrike, Telkom Indonesia sign MoU on AI-powered cybersecurity transformation

CrowdStrike and Telkom Indonesia have signed a memorandum of understanding to combine the Falcon platform and security services with Telkom's Indonesian customer reach and infrastructure.