Singapore

Grab in talks to buy SoftBank-backed fintech firm Atome — report

Grab has been pursuing growth through both acquisitions and expansion of its existing businesses, according to the report. Earlier this year, Grab acquired US-based Stash Financial Inc at an enterprise value of US$425 million and bought Foodpanda’s Taiwan operations from Delivery Hero SE for $600 million.

Ant International, Mastercard, Visa to align on ‘Know-Your-Agent’ standards for AI-driven payments

Ant International, Mastercard, and Visa will collaborate on common "Know-Your-Agent" standards to verify the AI agents that make payments, as the three payment groups push to let autonomous software transact across their networks.

Japan’s Mitsui taps Singapore’s Oncoshot for AI oncology-data platform across IHH hospital network

Japan's Mitsui & Co. will collaborate with Singapore's Oncoshot to use the firm's AI platform for analyzing cancer-clinical data, aiming to expand oncology research across the hospital network of Malaysia's IHH Healthcare.

Vietnam leases 4.5 hectares land to Singapore’s Sembcorp joint venture for $480M data center

Ho Chi Minh City (HCMC) has leased 4.5 hectares in its Saigon Hi-Tech Park to Starmason, a joint venture of Singapore's Sembcorp Development and Vietnamese partner BB Holding, to build a $480 million hyperscale data center.

Thailand’s Gulf, Singapore’s Singtel to invest in Vietnam-Thailand-Singapore submarine cable

Thailand's Gulf Development and Singapore's Singtel will invest in a Vietnam-Thailand-Singapore submarine cable to meet rising demand for cloud, AI and data-center services across Southeast Asia.

Singapore’s Sembcorp scraps $82M full takeover of Philippines’ solar developer Puente Al Sol

Singapore's Sembcorp Industries has terminated a proposed S$105 million ($82 million) acquisition of Philippine solar developer Puente Al Sol, ending its planned entry into the Philippine renewable-energy market.

Know-Your-Agent interoperability graphic with Mastercard, Alipay Plus and Visa protocols

Ant International, Mastercard and Visa develop KYA framework

Ant International, Mastercard and Visa are developing common checks for identifying and monitoring AI agents across payment networks.

Singapore’s Toku establishes UAE unit as Talabat deployment expands across eight Middle East markets

Singapore-listed Toku has established a UAE subsidiary as its Talabat customer-experience deployment expands across all eight of the platform’s Middle East markets.

AI training should be judged by work quality, says Tribe Academy’s Felicia Tan [Q&A]

Tribe Academy Director Felicia Tan discusses measuring AI training after 30, 60 and 90 days, preserving domain judgment, and redesigning work around AI.

Universal Quantum picks Singapore for first R&D center outside Europe

Universal Quantum will establish its first dedicated R&D center outside Europe in Singapore, which will also become the company’s Asia-Pacific hub.