Singapore

Maybank, DBS, IFC back $6B Johor-Singapore renewable energy financing framework

DBS Bank Ltd., the International Finance Corporation (IFC), a member of World Bank Group and Malayan Banking Berhad (Maybank), will back the $6 billion Johor-Singapore renewable energy financing framework. 

Singapore’s Stryv raises $11.5M Series B led by ACV Capital, to expand into Taiwan

Stryv, a Singapore personal care and home wellness company, has raised US$11.5 million in Series B funding led by ACV Capital, with participation from Openspace Capital and OCTAVE Capital, along with other investors.

Libeara agrees to acquire Zodia Markets Jersey unit

Singapore-based Libeara has agreed to acquire Zodia Markets' regulated Jersey dealer, subject to regulatory approval and undisclosed terms.

Singapore to conduct next phase of geothermal studies after positive geophysical survey findings

The Energy Market Authority (EMA) said on Monday that it will carry out the next phase of studies to further assess the feasibility of harnessing geothermal energy for power generation, cooling, and heating.

Singapore advances power decarbonization with $59M funding initiative

The Energy Market Authority (EMA) and the Advanced Energy and Decarbonization Office (AEDO) have launched a S$75 million ($59 million) Power Decarbonization Funding initiative to develop and advance low-carbon technologies in Singapore.

GlobalFoundries opens AI-enabled facilities control centre in Singapore with Siemens

GlobalFoundries, a semiconductor manufacturer headquartered in New York, has opened its Advanced Facilities Control Centre (AFCC) at its Singapore site.

Singapore launches manpower development schemes for nuclear energy capability building

The Ministry of Energy, Trade and Industry (METI) and Energy Market Authority (EMA) have on Monday launched three schemes to support the development of a strong pipeline of local expertise in nuclear energy in Singapore.

Singapore, Malaysia deepen cooperation on energy technology

Singapore and Malaysia have renewed an energy cooperation agreement to strengthen technical collaboration on solar power, energy storage systems, renewable energy certificates and cross-border electricity trading, supporting regional power grid integration and the transition to cleaner energy, the duo said on Monday. 

Vietnam-Malaysia-Singapore 1.3-GW power initiative wins conditional approval from Singapore

Singapore's Energy Market Authority (EMA) has granted conditional approval to Sembcorp Utilities as the designated importer for the 1.3-GW Vietnam-Malaysia-Singapore renewable electricity initiative.

Singapore-based car marketplace Carro sees opportunities in Chinese EV trend [interview]

Carro, Asia Pacific’s leading online automotive marketplace, sees the rise of Chinese electric vehicles (EV) in Southeast Asia as a tailwind for its used-car business, a spokesperson at Carro said to TNGlobal.