Singapore

The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have on Tuesday announced the start of the Financial Transparency Corridor (FTC) initiative between Singapore and Cambodia.

Malaysian telecommunications firm Telekom Malaysia (TM) is partnering Nxera, the regional data center arm of Singapore-based Singtel’s Digital InfraCo unit, in a joint venture to develop data centers in Malaysia starting with a sustainable, hyper-connected artificial intelligence (AI)-ready data center campus in Johor.

ST Telemedia Global Data Centres (STT GDC), a Singapore-based data center colocation services provider, has raised SGD 1.75 billion ($1.3 billion) from KKR-led consortium with Singtel, a Singapore-based communications technology group.

RateHawk, a travel tech platform developed by the Dubai-based company Emerging Travel Group., has established its first Asian headquarters in Singapore.

Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek, has reached an agreement to divest 100 percent of its shares in Pavilion Energy Pte. Ltd. to Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc.

Betashares, an Australian financial services company, has on Monday announced it has entered into a binding agreement with Temasek, a global investment company headquartered in Singapore, for Temasek to invest up to AUD 300 million ($198M) in Betashares.

Pall Corporation, a global filtration, separation and purification technologies firm, has invested approximately $150 million to a manufacturing facility in Singapore to support global semiconductor demand.

Patsnap, a internet protocol (IP) and research and development (R&D) intelligence company headquartered in Singapore, has announced that it has reached a significant milestone of achieving $100 million in annual recurring revenue (ARR), with 20 percent year-over-year growth in 2023.

Octayne Green Fuels (Octayne), a Singapore-based farm-waste to energy venture, has on Wednesday announced it has successfully secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate its mission of tapping Southeast Asia (SEA)’s vast agricultural sector for primary feedstock to create carbon-neutral fuel alternatives for energy…

Supermom, the Singapore-based parenting data network, said Tuesday it is poised for a year of remarkable expansion, forecasting a 100 percent increase in revenue for 2024 and intensifying its presence across Southeast Asia, particularly Indonesia.