Singapore

Singapore-based blockchain exchange Net Zero-X launches to tackle financing gap for climate projects

Net Zero-X, a Singapore-based blockchain exchange for impact investors, launches on Tuesday to tackle the significant financing gap impeding the global transition to a net zero future.

Report: 84% of Singapore travel companies see fragile margins due to inefficient payment systems

66 percent of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in ten expected to prioritize modernizing their financial operations this year, a report said Tuesday.

Report: Southeast Asia’s retailers bet big on social commerce despite economic climate

Southeast Asian retailers are placing big bets on social media as 68 percent plan to increase investment in social commerce over the next 12 months, Shopify Inc said Thursday.

Singapore’s Keppel DC REIT acquires a data center in Japan for $149M

Singapore-listed data center real estate investment trust Keppel DC REIT Management Pte. Ltd has entered Japan with acquisition of a hyperscaler data center in Tokyo for S$201 million ($149 million).

Thunes inks strategic partnership with LianLian Global for new payment service

Thunes, the Singapore-based payment firm, has on Wednesday welcomed LianLian Global, a Chinese e-commerce cross-border payment service provider, to the Thunes Global Network.

Temasek’s net portfolio value rises on year to $288B this financial year

Singapore state-owned investor Temasek has reported a net portfolio value (NPV) of SGD 389 billion ($288 billion) for the financial year ended March 31, 2024, up SGD 7 billion ($5.18 billion) from a year ago.

Temasek-backed 65 Equity Partners invests $74.06M in Singapore’s advanced manufacturing service provider Hi-P

Temasek-backed global investment firm 65 Equity Partners has made an investment of SGD 100 million ($74.06 million) in Singapore-headquartered regional advanced manufacturing service provider Hi-P International Pte. Ltd. (Hi-P).

Validus appoints Chong Khai Siang as group Chief Financial Officer

Validus, a Singapore-based one-stop small and medium-sized enterprise (SME) financing platform, has on Monday announced the appointment of Chong Khai Siang as group Chief Financial Officer (CFO) of Validus.

SK Telecom partners Singtel to develop next-generation telco technology and solutions

Singaporean telecommunications firm Singtel and South Korean telecommunications operator SK Telecom have teamed up to develop next-generation telco technology and solutions.

CBC-Backed Hasten Biopharmaceutical acquires 14 Celltrion Legacy products

Singapore-based healthcare-dedicated asset management firm CBC Group announced that its controlled portfolio company, Hasten Biopharmaceutical (Hasten), an innovation-driven biopharmaceutical company, has successfully acquired the asset rights of 14 branded products across Pan-Asia countries and regions from Celltrion, a South Korean biopharmaceutical…