News

NUS-ISS launches 2026 Learning Festival focused on enterprise AI readiness and governance

NUS-ISS has launched the 11th edition of its Learning Festival, a six-week program focused on moving enterprise AI from experimentation to measurable, responsible deployment.

Singapore fintech investment moderates in first half as capital concentrates in fewer, larger deal – KPMG

Singapore's fintech sector drew over $499 million in investment across 53 deals in the first half of 2026, drop from the roughly $1.45 billion across 97 deals recorded a year ago, according to KPMG's Pulse of Fintech H1'2026 report revealed on Thursday.

Japan’s SBI takes 20% stake in Indonesia’s multi-asset investment platform Ajaib

Japan's SBI Holdings has acquired, through a subsidiary, a 20 percent stake in Ajaib Group, an Indonesian online multi-asset investment platform, making the Jakarta-based company an equity-method affiliate.

Singapore’s capacity constraints steer data center growth to Malaysia – Fitch

Singapore’s capacity constraints is expected to steer data center growth to Malaysia, Fitch Ratings said on Wednesday.

1982 Ventures backs US AI video platform Higgsfield’s $400M Series B at $5.4B valuation

Singapore-based venture capital firm 1982 Ventures has participated in US artificial intelligence (AI) video and image creation platform Higgsfield's $400 million Series B at $5.4 billion valuation.

Indosat, Komdigi launch Garuda Spark Innovation Hub in Jayapura

Indosat Ooredoo Hutchison and Indonesia's Ministry of Communication and Digital Affairs have launched a Garuda Spark Innovation Hub in Jayapura to support digital skills and ecosystem connections for talent in Papua.

Singapore’s Groundup.ai wins $3M PUB tender to bring AI Cognitive Maintenance to national water infrastructure

Groundup.ai, the Singapore-based industrial machine intelligence company, has been awarded a tender by Public Utilities Board (PUB), Singapore's National Water Agency, to implement and maintain a Predictive Maintenance and Reliability System for the water utility's critical assets.

U‍S blockchain firm TRM Labs appoints MAS veteran Ziqing Ang as Head of Policy, APAC

TRM Labs, the United States-based blockchain intelligence services firm, has appointed Monetary Authority of Singapore (MAS) veteran Ziqing Ang as Head of Policy, Asia Pacific (APAC).

Singapore’s Aura launches private equity evergreen fund

Singapore-based financial services firm Aura Group has launched the Aura PE Evergreen Income Fund, an evergreen private markets strategy designed to address the liquidity, income and capital call challenges that have historically restricted private equity allocation in advised portfolios.

Foxconn’s ShunSin to invest $65M in chip-packaging lines at Vietnam unit

ShunSin Technology Holdings, a subsidiary of Taiwan's electronic manufacturer Foxconn, will invest up to $65 million to set up bumping and redistribution-layer process production lines at its Vietnam subsidiary, funded through a capital injection of the same amount.