Singapore

Singapore’s Seraya Partners closes $800M Asia-focused infrastructure fund for digital infrastructure and energy transition investments

Seraya Partners, the Asia-based independent privateequity fund for next-generation infrastructure investing, has on Tuesday announced the completion of its first fund, “Seraya Partners Fund I” at $800 million. The final investment which includes co-investments has surpassed its $750 million target.

MAS publishes code of conduct for providers of ESG rating and data products

The Monetary Authority of Singapore (MAS) has on Wednesday published its finalized code of conduct for environmental, social, and governance (ESG) rating and data product providers (CoC) and an accompanying checklist for providers to self-attest their compliance to the CoC.

Singapore and China enhance digital finance and capital markets cooperation

The Monetary Authority of Singapore (MAS) has on Thursday announced new digital finance and capital markets initiatives to expand its financial cooperation with China. The initiatives are cross-border E-CNY pilot between China and Singapore, and launch of the exchange traded funds (ETF) product link between the Singapore Exchange (SGX) and Shanghai Stock…

Insurers, insurance asset managers expect a wave of M&A activity to hit Singapore and Hong Kong in 2024, says Clearwater Analytics

Insurers and insurance asset managers are expecting a wave of merger and acquisition (M&A) activity to hit Singapore and Hong Kong in 2024, as the region echoes the wider global industry trend towards consolidation, Clearwater Analytics said Tuesday.

Singapore’s Doctor Anywhere attracts $40.8M in fresh funding to scale healthcare innovation

Doctor Anywhere, a tech-led healthcare company headquartered in Singapore, has on Thursday announced a $40.8 million Series C1 extension round with participating investors including Square Peg and Novo Holdings. The influx of funds will be directed to strategically drive next-generation healthcare innovation within the company, and to deepen its presence…

Singapore’s Bitsmedia raises $20M in Series A funding led by CMIA Capital Partners, Gobi Partners, Bintang Capital Partners

Bitsmedia, the creator of the widely popular Muslim lifestyle application (app), Muslim Pro in Singapore, has successfully secured $20 million in its Series A funding round. This funding round saw participation from Asia-focused venture capital firm, Gobi Partners, alongside continued support from existing investors – CMIA Capital Partners, and Bintang…

Singapore cultivated meat startup Meatiply raises $3.75M seed funding for expansion

Singapore-based cultivated meat company Meatiply has secured $3.75 million in the first close of its seed funding round. The round is co-led by existing investor Wavemaker Partners and AgFunder, with participation from SEEDS Capital, the venture investment arm of Enterprise Singapore.

Demand for AI roles is expected to increase in 2024, says Glints

The demand for artificial intelligence (AI) roles is expected to increase in 2024, with top three roles being sought after are artificial intelligence (AI) engineer, AI mentor or trainer, data scientist and analyst, Southeast Asia talent platform Glints said in a report on Tuesday.

YouTrip teams up with Google Pay to make payments seamless

YouTrip, Singapore’s multi-currency e-wallet, has on Wednesday announced its integration with Google Pay, enabling Android users the convenience to make secure and effortless payments. This integration marks another significant milestone in YouTrip's journey to empower users with a more seamless, and smarter experience across different payment options…

MAS launches coalition; announces pilots to develop transition credits for early retirement of Asia’s coal plants

The Monetary Authority of Singapore (MAS) has on Tuesday announced the launch of the Transition Credits Coalition (TRACTION) and two pilot projects to test the use of high-integrity transition credits in transactions for the early retirement of coal-fired power plants (CFPPs).