Singapore

Grab partners ST Engineering to launch drone food delivery pilot in Singapore

Grab announced Tuesday it is kicking off a three-month drone delivery pilot in Singapore’s Tanjong Rhu neighborhood in partnership with ST Engineering’s Unmanned Air Systems business, the developer of the drone solution used in this pilot.

CapitaLand backs smart logistics infrastructure firm ALP

CapitaLand Investment Limited (CLI), a Singapore-based real asset manager, announced Thursday two initiatives as part of its broader strategy to deepen logistics expertise and accelerate platform growth across Asia Pacific (APAC).

8×8 acquires Maven Lab to accelerate end-to-end customer engagement across APAC

8x8, Inc., a global business communications platform provider, has acquired Maven Lab, a Singapore-based mobile marketing and enterprise messaging firm, accelerating the company’s strategy to deliver end-to-end customer engagement across the Asia-Pacific (APAC) region.

Grab acquires Chinese AI robotics firm Infermove to strengthen last-mile delivery capabilities

Singapore-based Grab Holdings Ltd. announced Tuesday the acquisition of Infermove, a Chinese artificial intelligence (AI) robotics company, marking a significant strategic move by the Southeast Asian ride-hailing and delivery giant in the artificial intelligence robotics sector.

Singapore’s DayOne raises over $2B Series C funding to accelerate global digital infrastructure expansion

DayOne Data Centers, a Singapore-headquartered hyperscale data center platform, announced Monday that it has entered into definitive agreements for over $2 billion dollar Series C equity financing.

Johnson Controls expands Singapore Innovation Center for rising demand on sustainable data center solutions

Johnson Controls, a global sustainable buildings firm, announced Monday the expansion of its Innovation Center in Singapore with a five years investment of up to $60 million, marking a key milestone in its commitment to accelerating sustainable data center solutions across Asia Pacific.

Singtel to pilot 50Gbps fiber broadband to prepare homes and businesses for AI

Singapore's telecommunications firm Singtel announced Monday the launch of its 50Gbps XGS-PON fiber broadband technical trial, the first in Singapore.

UltraGreen.ai secures dual regulatory approvals in Philippines and Malaysia

UltraGreen.ai Limited, a Singapore-based fluorescence-guided surgery and digital health solutions firm, has announced the regulatory approvals for both its Verdye (indocyanine green for injection) in the Philippines and its IC-Flow Imaging System V2 in Malaysia.

South Korea’s ECOPEACE accelerates global deployment of AI-driven water-cleanup technology in Singapore, Dubai

ECOPEACE, a water-technology company based in South Korea, has announced the global expansion of its autonomous water-cleanup and water-quality management systems, beginning with pilot projects in Singapore and the United Arab Emirates.

Sea, Grab’s medium-term growth focus may weigh on margin expansion – Maybank

Maybank Investment Bank believes both Sea and Grab are prioritizing growth over the medium term, which may weigh on margin expansion.