Singapore

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.

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’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, 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.

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.

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, 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.

Nium, the Singapore-based infrastructure for real-time cross-border payments, has announced an expanded partnership with Abu Dhabi-based payments innovator Digit9 to accelerate payouts across key markets, empowering businesses to move money instantly, transparently, and at scale.

HSBC and Google Cloud released last Thursday its Digital Frontiers 2030 report, which finds that Southeast Asia’s digital economy could reach $1 trillion by 2030, with potential to double to $2 trillion as regional integration and real-time payments accelerate adoption.

Singapore lender DBS and payment firm Ant International have agreed to deepen their existing strategic collaboration to jointly explore innovative payments, digitization and fintech solutions aimed at providing more inclusive services for regional businesses of all sizes and individual consumers.