Singapore
Singapore’s ComfortDelGro secures $73M from DBS to accelerate UK bus fleet decarbonization
Singaporean lender DBS and land transport firm ComfortDelGro Corporation (ComfortDelGro) have on Monday announced an SGD 100 million ($73 million) facility to decarbonize the global operator’s United Kingdom bus fleet.
MAS sets aside $26M to support upskilling Singapore’s financial services sector workforce in sustainable finance
The Monetary Authority of Singapore (MAS) has set aside SGUD 35 million ($25.7 million) in the Financial Sector Development Fund to support upskilling and reskilling, and develop specialists in sustainable finance over the next three years.
Apple plans to invest $250M to grow its campus in Singapore
Global technology firm Apple has announced new expansion in Singapore, with plans to invest over $250 million to grow its campus in Ang Mo Kio.
Singaporean fintech firm Seedflex raises seed funding from 500 Global
Seedflex Technologies (Seedflex), a Singapore-based fintech company, has raised seed funding from 500 Global to launch its proprietary shariah-compliant digital financing solution “Pay-As-You-Sell Advance™” (PAYS Advance) across Southeast Asia, starting first in Malaysia.
Coastal Sustainability Alliance invests $7.33M to advance maritime biofuel ecosystem in Singapore
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Tuesday announced its plans to advance the maritime biofuel ecosystem in Singapore with up to SGD 10 million ($7.33 million) in investments.
Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report
Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and falling startup valuations, making it difficult for companies to debut on public markets.
Singapore’s AI firm Mindverse secures $5M in seed funding led by Square Peg
Singapore-based artificial intelligence (AI) startup Mindverse has successfully closed a $5 million seed funding round led by Square Peg.
MAS, Mastercard sign MoU to enhance cooperation in cybersecurity
The Monetary Authority of Singapore (MAS) and global payment firm Mastercard have on Tuesday signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore.
Singapore’s Temasek boosts EMEA investment with new Paris office
Singapore-headquartered investment company Temasek has launched its new office in Paris on Wednesday. The Paris office expands the fund's global footprint and network, giving it the opportunity to grow its organization, talent and capabilities, in its mission to construct a resilient and forward looking portfolio.
Thailand’s 9Basil acquires Singapore private credit platform AlteriQ Global
9Basil Group, a Thailand-based alternative investments firm, has on Thursday announced its acquisition of AlteriQ Global (AlteriQ), a boutique Asia-Pacific private credit platform based in Singapore.
