Singapore
Singapore’s Singtel confirms Optus stake sale talks as Australian regulator pursues $174m penalty
Singapore Telecommunications Limited (Singtel) seeks a potential stake sale in its Australian subsidiary Optus Mobile, on the same day Australia's communications regulator commenced Federal Court proceedings against Optus Mobile, with a maximum penalty exposure of over A$250 million ($174 million).
Singapore Polytechnic seals nine partnerships to strengthen talent, industry transformation in technology sector
Singapore Polytechnic has inked nine partnerships with organizations from industry, academia and professional associations to strengthen talent and industry transformation in the technology sector of the city state.
Singapore to retain top Southeast Asia data center status despite capacity constraints – BMI
Singapore is expected to retain its position as Southeast Asia's premier data center hub despite mounting power and land constraints, but stricter sustainability requirements will continue to limit new capacity and push more investment into neighboring Malaysia and Indonesia, BMI Country Risk and Industry Research said in its recent report.
Singapore Central Bank’s Chief sees sustainability of AI investment boom a key risk for financial market
The Monetary Authority of Singapore (MAS) Managing Director Chia Der Jiun said Tuesday that he sees the sustainability of the artificial intelligence (AI) investment boom as one major uncertainty for financial markets and financial stability.
US-based T1 Energy acquires TOPCon solar patents from Singapore’s Evervolt for $135M
US-based solar manufacturer T1 Energy (NYSE: TE) has acquired foundational solar patents and other intellectual property from Singapore-based Evervolt Green Energy Holding for a total consideration of $135 million.
AutomationSG launches TIA-Ready framework for trusted industrial artificial intelligence
AutomationSG, a professional trade association in Singapore representing companies and professionals in the automation, internet-of-things (IoT), and robotics sectors, has on Wednesday launched the Trusted Industrial AI Ready (TIA-Ready) Framework.
Singapore establishes taskforce to strengthen cyber and technology resilience against AI-driven threats
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced Tuesday the establishment of the AI-Driven Cyber and Technology Risk Taskforce (ACT), an industry-wide initiative to strengthen collective cyber and technology resilience in response to the emerging risks posed by frontier artificial intelligence (AI) models.…
Switzerland’s Cicor to acquire Malaysia factory of Singapore’s EDMI in $20M deal, targets $50M annual revenue
Switzerland's Cicor Group (SIX: CICN), a contract electronics manufacturer, will acquire EDMI Electronics Sdn. Bhd. in Johor, Malaysia, which is in turn a manufacturing subsidiary of Singapore-headquartered smart metering company EDMI Limited, for $15 million-$20 million.
Singapore crypto payments firm Triple-A says own digital assets hit by unauthorized access
Singapore-based digital payments firm Triple-A said on Monday that it had detected unauthorized access to wallets containing the company's own digital assets, but stressed that customer funds were not affected and all services had returned to normal.
Singapore’s Psalion launches $50M fund for next wave of blockchain adoption
Singapore digital asset firm Psalion announced Monday the launch of its third and largest venture fund to date, a $50 million vehicle aimed at the next wave of blockchain adoption.
