Singapore
GlobalFoundries acquires Singapore’s Advanced Micro Foundry to expand AI infrastructure portfolio
GlobalFoundries (GF) announced Monday the acquisition of Advanced Micro Foundry (AMF), a silicon photonics foundry based in Singapore, marking a pivotal step in GF’s strategy to advance innovation and its leadership in silicon photonics.
Bahrain and Singapore team up to boost digital public infrastructure
BENEFIT and Singapore-based technology company MonetaGo, in collaboration with Bahrain FinTech Bay (BFB), have embarked on the implementation phase of Bahrain’s National Digital Public Infrastructure (DPI) Initiative to develop a digital ledger for all financed trade transactions and invoice submissions creating an alternative data credit score to…
UBS and Ant International partner on blockchain-based real-time cross-border payments settlement and liquidity management
Swiss multinational investment bank UBS has entered a strategic partnership with Ant International, a Singapore-based digital payment firm, to explore innovations in blockchain-based tokenized deposits to support Ant International’s global payments settlement and liquidity management.
Singapore’s PDG expands to South Korea with $700M data center investment
Princeton Digital Group (PDG), the Singapore-based data center operator, announced Monday its entry into South Korea with an investment of $700 million, its seventh country after Singapore, Japan, India, Indonesia, China and Malaysia.
Companies are strategically ambitious yet operationally cautious about AI adoption in Singapore – Dell
Singaporean organizations are rapidly adopting artificial intelligence (AI) and Generative AI (GenAI), with implementation rates close to the APJC regional average, but their strategic focus on innovation is slightly lower than the APJC results, Dell Technologies' survey showed Monday.
While Singapore businesses accelerate AI adoption, readiness gaps threaten AI innovation – Kyndryl
While Singapore’s enterprises are seeing growing returns from artificial intelligence (AI) and cloud investments, only 24 percent feel fully prepared to manage future risks, well below the global average of 31 percent, Kyndryl said last Thursday.
Western Union and TenPay Global partner to drive remittance innovation
Western Union and TenPay Global, Tencent's cross-border payment platform, have on last Thursday announced the launch of a wide-ranging strategic partnership to drive innovation with a customer-first mindset, bringing together the physical and digital worlds together in a true omni-channel remittance experience.
Maybank raises Sea’s EBITDA estimates by 2 to 3 percent for FY25–27
Factoring in Sea Limited's third quarter results, Maybank Investment Bank has raised the Singapore tech giant’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 2 percent to 3 percent for FY25 to FY27.
GFTN and QDB strengthen fintech collaboration between Middle East and Singapore
The Global Finance & Technology Network (GFTN) announced last Wednesday a strategic partnership with the Qatar Development Bank (QDB), represented by Qatar Fintech Hub (QFTH) to establish a Global Center of Excellence (CoE) for Finance and Technology in Doha.
FinFan and DT One partner to strengthen Vietnam’s digital services ecosystem
FinFan, a Vietnam-based fintech firm, and DT One, a Singapore-based digital value exchange, have announced a strategic partnership to strengthen Vietnam’s digital services ecosystem.
