Singapore

Singapore breaks new ground with institutional-grade crypto perpetual futures

SGX Derivatives is rewriting the rules of institutional crypto trading with the launch of Bitcoin and Ethereum perpetual futures.

Bain & Company launches AI innovation hub in Singapore

Building on its commitment to advancing artificial intelligence (AI) in Southeast Asia, Bain & Company will launch a new AI Innovation Hub in Singapore.

Grab and StraitsX sign MOU to explore development of Web3 wallets and stablecoin-based settlement layer across Asia

Singapore-based superapp Grab and digital assets firm StraitsX announced Tuesday a strategic memorandum of understanding (MOU) to explore the development of a Web3-enabled payments infrastructure across Asia.

GlobalFoundries acquires Singapore’s Advanced Micro Foundry to expand AI infrastructure portfolio

GlobalFoundries (GF) announced Monday the acquisition of Advanced Micro Foundry (AMF), a silicon photonics foundry based in Singapore, marking a pivotal step in GF’s strategy to advance innovation and its leadership in silicon photonics.

Bahrain and Singapore team up to boost digital public infrastructure

BENEFIT and Singapore-based technology company MonetaGo, in collaboration with Bahrain FinTech Bay (BFB), have embarked on the implementation phase of Bahrain’s National Digital Public Infrastructure (DPI) Initiative to develop a digital ledger for all financed trade transactions and invoice submissions creating an alternative data credit score to…

UBS and Ant International partner on blockchain-based real-time cross-border payments settlement and liquidity management

Swiss multinational investment bank UBS has entered a strategic partnership with Ant International, a Singapore-based digital payment firm, to explore innovations in blockchain-based tokenized deposits to support Ant International’s global payments settlement and liquidity management.

Singapore’s PDG expands to South Korea with $700M data center investment

Princeton Digital Group (PDG), the Singapore-based data center operator, announced Monday its entry into South Korea with an investment of $700 million, its seventh country after Singapore, Japan, India, Indonesia, China and Malaysia.

Companies are strategically ambitious yet operationally cautious about AI adoption in Singapore – Dell

Singaporean organizations are rapidly adopting artificial intelligence (AI) and Generative AI (GenAI), with implementation rates close to the APJC regional average, but their strategic focus on innovation is slightly lower than the APJC results, Dell Technologies' survey showed Monday.

While Singapore businesses accelerate AI adoption, readiness gaps threaten AI innovation – Kyndryl

While Singapore’s enterprises are seeing growing returns from artificial intelligence (AI) and cloud investments, only 24 percent feel fully prepared to manage future risks, well below the global average of 31 percent, Kyndryl said last Thursday.

Western Union and TenPay Global partner to drive remittance innovation

Western Union and TenPay Global, Tencent's cross-border payment platform, have on last Thursday announced the launch of a wide-ranging strategic partnership to drive innovation with a customer-first mindset, bringing together the physical and digital worlds together in a true omni-channel remittance experience.