Singapore

Amazon unveils new Singapore office as AWS Asia Pacific Hub

American multinational technology company Amazon has continued to expand its presence in Singapore with a new corporate office at IOI Central Boulevard.

MAS and ABS to establish new payments entity to position national payment schemes for next stage of growth

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced that a new entity will be set up to consolidate the administration and governance of Singapore’s national payment schemes to position these schemes for the next stage of growth.

Atome Financial grows credit facility to $80M with BlackRock Private Credit, InnoVen Capital funding

Atome Financial, a Singapore-based digital financial technology platform and part of Advance Intelligence Group, has secured funding from BlackRock Private Credit, InnoVen Capital, growing its credit facility to $80 million.

StraitsX partners with RedotPay and Visa to advance digital asset payments

StraitsX, a Singapore-based digital asset infrastructure provider, has partnered with Hong Kong-based cryptocurrency payment firm RedotPay and global payment firm Visa to advance digital asset payments.

Life Science Incubator unveils Singapore’s largest co-working laboratory at Elementum

Life Science Incubator (LSI) has officially launched the largest co-working laboratory in Singapore at Elementum, located in JTC’s one-north business park.

Singapore’s Venturi Partners invests $25M in Indian footwear brand JQR

Venturi Partners, a Singapore-based consumer fund, has announced a $25 million investment in Just Quick Run (JQR), an India-based emerging brand in the affordable footwear segment.

Singtel secures $476M green loan for DC Tuas data center project

Singtel’s regional data center arm, Nxera DCT Pte Ltd., has secured a S$643 million ($476 million) five-year green loan to finance the development of a new 58MW data center in Singapore, DC Tuas.

Singapore’s Syfe offers to acquire ASX-listed investment platform Selfwealth for $41M

Syfe, a Singapore-based saving and investment platform, has made a non-binding indicative offer to acquire Selfwealth, one of Australia’s largest digital investing platforms, for A$65 million ($40.83 million) cash.

Coastal Sustainability Alliance launches Singapore’s largest electric supply boat

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday launched its first fully electric supply boat (e-supply boat) from shipyard to water and keel lay of its first fully electric tug at PaxOcean Batam.

Clime Capital invests in smart energy management solution provider Ampotech

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Tuesday announced an investment in Ampotech, a Singapore-based energy management solution provider with operations in Vietnam.