Singapore

Singapore businesses expect agentic AI to generate a return on investment of $9.8 million over the next two years, nearly double last year's estimate of $4.9 million, according to "The SAP Value of AI Report 2026" study conducted by Germany's software giant SAP and Oxford Economics.

Keppel Infrastructure Trust (KIT), managed by Singapore's Keppel Infrastructure Fund Management, has committed €34 million ($37 million) to acquire a 45 percent effective stake in a second German solar portfolio from Dutch company Enpal B.V.

Only 29 percent of Singapore businesses can produce an audit trail to prove AI-driven decisions to regulators, shareholders, or customers, trailing the Asia-Pacific average of 38 percent who hold a tamper-proof audit trail.

Grab, the Singapore-based superapp, reported revenue of $1.95 billion for the first half of 2026, up 23 percent year-on-year, with profit for the period of $355 million compared with $30 million a year earlier, Grab said in its quarterly review released on Tuesday.

SB Telecom Singapore, a subsidiary of Japan's SoftBank, Singapore's SC ZEUS Data Centers, and Malaysia's Robust HPC Group will collaborate to develop AI data center infrastructure across Southeast Asia, with initial deployments focused on Malaysia, Thailand, Indonesia, and Vietnam.

Singapore's highly restrictive regulatory framework is reshaping Southeast Asia's data center landscape, with neighboring Johor, Bangkok and Jakarta emerging as key beneficiaries of hyperscale investment as operators seek larger sites, lower costs and greater expansion opportunities, according to a report by Knight Frank revealed on Thursday.

ADA, an AI company headquartered in both Singapore and Malaysia, has completed the acquisition of Algonomy, an AI retail decision-making company headquartered in Bengaluru, India, expanding the combined group's presence.

Singapore-based game publisher iterco has opened iterhaus, a creative hub, and Porch, a community café, in South Jakarta, marking an expansion beyond game publishing into physical community infrastructure for Indonesia's creative industry.

The Maritime and Port Authority of Singapore (MPA) said Thursday it has completed the installation of a solar energy generation system at Marina South Pier (MSP).

Hong Kong digital asset financial services group HashKey Holdings Limited announced Wednesday that its wholly-owned subsidiary, HKDAG (Singapore) Pte. Ltd, has entered into a non-legally binding framework agreement with the major shareholder of Asia Pacific Exchange Pte. Ltd. (APEX) and APEX in relation to a possible acquisition of the entire equity…