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MAS collaborates with banking industry to use AI in fighting against financial crime

The Monetary Authority of Singapore (MAS) has on Monday announced that it is working with partners in the banking industry, the Government Technology Agency of Singapore, and the Singapore Police Force to combat financial crime, using artificial intelligence and machine learning (AI/ML) techniques to enhance scam detection capabilities.

Grab gets first cross-border ride-hail license for upcoming pilot

Grab, the Singapore-based superapp, has on last Friday received the first Cross-Border Ride-Hail Service Operator License (CRSOL) under the enhanced Cross-Border Taxi Scheme, which has been jointly announced by the Ministry of Transport of Singapore and the Ministry of Transport of Malaysia.

Singapore launches public consultation on legislative framework for autonomous vehicles

The Ministry of Transport (MOT) has on Monday commenced public consultation to gather feedback on the proposed legal and regulatory framework for autonomous vehicles (AVs) in Singapore.

Singapore to form Tripartite Jobs Council to address AI’s impact on workers, jobs, businesses

The Ministry of Manpower (MOM), National Trades Union Congress (NTUC), and Singapore National Employers Federation (SNEF) have announced their intent to form a Tripartite Jobs Council (TJC) to support workers and businesses through the artificial intelligence (AI) transition with concrete actions.

Indonesia investment startup Recompound introduces performance-based fee model for retail investors

Recompound, an Indonesia-based investment advisory startup, has introduced a performance-based fee model for retail investors, adopting a structure more commonly used in institutional investing.

Singapore media development authority, China Tencent to jointly promote healthy digital habits

The Infocomm Media Development Authority (IMDA) of Singapore and Chinese technology giant Tencent have launched a digital wellbeing campaign titled “Beyond the Screen: Healthy Digital Play,” aimed at encouraging healthier digital habits among families and strengthening offline connections through gaming.

Singapore enhances regulatory framework to facilitate dual listings on the exchange

The Monetary Authority of Singapore (MAS) has on Thursday issued its response to the public consultation on proposed amendments to the Securities and Futures Act 2001 (SFA) to facilitate dual listing arrangements on the Singapore Exchange (SGX).

Singapore co-founded AI firm Featherless.ai raises $20M funding co-led by AMD Ventures, Airbus Ventures

Featherless.ai, a Singapore co-founded artificial intelligence (AI) firm, has secured $20 million in Series A funding co-led by AMD Ventures and Airbus Ventures.

PDG acquires 240 MW of powered land in Jakarta for data center expansion

Princeton Digital Group (PDG), Singapore-based data center operator, announced Thursday the acquisition of a new site in Greater Jakarta for its newest hyperscale data center campus, JC4.

China’s Huawei brings new era of AI-powered, grid-stabilising solar energy to Malaysia

Huawei Digital Power has launched its FusionSolar9.0 Smart PV & ESS solution in Malaysia, marking a major shift from conventional solar systems to intelligent, grid-stabilising and artificial intelligence (AI)-driven energy infrastructure, boosting Malaysia‘s transition toward more intelligent,resilient and sustainable energy systems.