Singapore
Singapore’s Food Empire secures $40M from Ikhlas Capital
Food Empire Holdings, a Singapore-based multinational food and beverage manufacturing and distribution group, has secured $40 million from private equity fund Ikhlas Capital Singapore Pte. Ltd.
Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for developing multilingual Telco LLM
Singapore Telecommunications Limited (Singtel), Deutsche Telekom, e&, SK Telecom, SoftBank Corp., the founding parties of the Global Telco AI Alliance (GTAA), have signed a joint venture (JV) agreement focused on co-developing and launching a multilingual Telco Large Language Models (LLM).
Charge+ partners Porsche to launch 1,700km electric vehicle charging network in Vietnam
Charge+, a Singapore-based electric vehicle (EV) charging solutions provider, has partnered German automobile manufacturer Porsche to launch a 1,700 kilometers (km) EV Charging Network in Vietnam that connects Vietnam’s two largest cities Hanoi and Ho Chi Minh City.
Carro gets $56M multi-currency loan from HSBC to fund fintech arm Genie Financial Services
Singapore-based online used car marketplace Carro has signed a SGD 75 million ($55.52 million) multi-currency loan with HSBC to fund its fintech arm, Genie Financial Services.
Japan’s Ayudante acquires Singapore digital marketing company Sparkline
Ayudante, a Japan-based digital marketing and digital measurement consulting agency, has announced its acquisition of Sparkline, a Singapore-based digital marketing company.
Iskandar Investment Berhad partners TM-Nxera to drive digital transformation in Iskandar Puteri
Iskandar Investment Berhad (IIB), the master developer of Iskandar Puteri of Johor in Malaysia, via River Retreat Sdn Bhd, has entered into a strategic partnership with TM-Nxera, a joint venture of Telekom Malaysia (TM) and Singtel, to empower the digital economy and build a sustainable future for the region.
Singapore’s ZA Tech raises $35M in Series A funding led by EQT
ZA Tech, the Singapore-based next-generation insurance core system software as a service (SaaS) provider, has raised $35 million in Series A funding led by EQT and rebranded as Peak3.
Airwallex for Startups debuts in Singapore to help drive local startup success
Amid increasing positive sentiment about the business climate , Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city- state's community of over 55,000 startups.
UiPath survey reveals Singaporean workers have the highest rate of Gen AI usage globally
A new survey commissioned by UiPath, an enterprise artificial intelligence (AI) and automation software company, found that 60 percent of workers in Singapore are using generative AI (Gen AI) at work, the highest usage rate globally alongside Hong Kong.
Temasek’s Temus appoints Ng Lai Yee as new Chief Executive Officer
Temus, a digital transformation services firm established by Temasek and UST, has welcomed Ng Lai Yee as its new Chief Executive Officer (CEO) starting July 1, 2024.
