Singapore

Foxconn to invests $91.6M more across Singapore, India, Mexico

Taiwan-based electronics giant Hon Hai Precision Industry (Foxconn) will invest $91.6 million in related-party capital increases across subsidiaries in Singapore, India, and Mexico, according to three filings of Foxconn with the Taiwan Stock Exchange (TWSE) this week.

MAS, ABS chart instant payments enhancements with PayNow Generation 2 study

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced Thursday they will be exploring four areas of enhancements to Singapore's national instant payments infrastructure as part of a PayNow Generation 2 (PayNow Gen2) study.

Playground Global, Matter Venture Partners join $117M NUS VC Program to tap Singapore’s deep tech ecosystem

US-based venture capital (VC) firms, Playground Global and Matter Venture Partners, have partnered with NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), to join its $117 million NUS VC Program.

Singapore establishes Future of Finance Institute to scale financial innovation

The Monetary Authority of Singapore (MAS) announced Thursday that a Future of Finance Institute (FFI) will be established to accelerate the adoption of new financial technologies and catalyze innovation in the financial sector.

Yealink opens Singapore global operational headquarters, customer experience center

China-based Yealink, a global provider of unified communications and collaboration (UC&C) solutions, has opened its Singapore Global Operational Headquarters and a new Customer Experience Center, marking a significant milestone in the company's global operations strategy.

Singapore eyes global leader in AI solutions, AI-empowered economy

Singapore is eyeing making the country as a global leader in artificial intelligence (AI) solutions, and an AI-empowered economy.

DBS deepens commitment to FAST-P with $210M financing for Energy Transition Acceleration Finance Partnership

Singapore lender DBS announced Wednesday that it is providing a $210 million senior financing facility to ETAFCo, the investment vehicle supporting the displacement strategy of the Energy Transition Acceleration Finance partnership (ETAF) under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative.

Meta launches Digital Dialogue IRL in Singapore to help teens, parents navigate online safety

Meta has launched Digital Dialogue IRL, a free interactive experience designed to help teens, parents, educators, and community stakeholders have conversations about online safety, social media habits, and digital wellbeing.

Singapore-based SuperX AI eyes 1 GW data center cluster in Kazakhstan

Singapore-headquartered SuperX AI Technology Limited plans to invest in a 1-GW data center cluster in Kazakhstan, executives expressed at a meeting with Prime Minister Olzhas Bektenov, on the sidelines of the World Economic Forum's "Summer Davos" in China.

SoftBank-backed car marketplace Carro said to explore US IPO – report

Backed by Japan-based SoftBank Group, Carro is also considering a second listing in Singapore, the report added.