Singapore

Singapore breaks ground on low-carbon testbed and announces first industry users

Singapore on Friday broke ground on the S$62.5 million ($48.92 million) Low-Carbon Technology Translational Testbed (LCT), a national facility that will help companies test and scale emerging low-carbon technologies for industrial use.

Singapore-founded AnyMind enters the U.S. market

AnyMind Group, a business-process-as-a-service (BPaaS) company for marketing, e-commerce and digital transformation, has on Thursday announced the launch of operations in the United States of America, and will operate out of Los Angeles, California.

Singapore, Malaysia, Thailand central banks join BLOOM to advance cross-border digital money settlement

The Monetary Authority of Singapore (MAS) said Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined its BLOOM initiative as policymaker members.

Singapore picks Keppel, Sembcorp, Tuas Power for Southeast Asia’s first biomethane import pilot

The Singapore Economic Development Board (EDB) has appointed three power generators, Keppel Energy, Sembcorp Utilities, and Tuas Power Generation, as biomethane aggregators under Singapore's 300-MW regulatory sandbox.

Singapore launches S$143M industrial decarbonisation funding

Singapore has launched a S$143 million ($112 million) funding initiative to speed up the development and commercialization of low-carbon technologies for industry.

US-based Energy Impact Partners to jointly scale Singapore decarbonisation startups

Energy Impact Partners (EIP), a global energy investor, and the Singapore Economic Development Board (EDB) will boost their partnership to advance energy innovation and decarbonisation in Singapore.

GIC, Temasek reject claims of pressuring MSCI over Indonesia downgrade – report

Singapore’s sovereign wealth fund GIC and state investment company Temasek have denied allegations that they pressured global index provider MSCI to downgrade Indonesia’s stock market, following accusations by a former Indonesian trade minister.

Singapore’s Boroo to buy Canada’s Eagle gold mine for C$140M

Boroo, a privately held investment holding company based in Singapore, has signed an agreement to acquire Victoria Gold Corp., whose main asset is the Eagle Gold Mine in Canada, for C$140 million ($100 million).

Singapore launches first national embodied AI challenge to accelerate real-world robotics deployment in manufacturing

The National Robotics Program (NRP), Agency for Science, Technology and Research (A*STAR), PINE Lab@NTU, and semiconductor company Micron Technology announced Wednesday the launch of the Singapore Embodied AI Challenge for Manufacturing, Singapore's first national-level competition dedicated to advancing embodied artificial intelligence (AI) and robotics…

Singapore’s Thunes expands real-time payouts to Venezuela

Thunes, the Singapore-based payment firm,  announced Tuesday the expansion of its Direct Global Network into Venezuela, one of Latin America’s critical financial corridors.