Singapore
Singapore’s GIC acquires logistics facility in Yokohama, Japan
GIC, a Singapore-based global investment firm, has acquired a logistics facility in Yokohama city, part of the Greater Tokyo metropolitan area.
S&P upgrades Grab to ‘BB-‘ with stable outlook
S&P Global Ratings has on Thursday upgraded Singapore-based superapp Grab Holdings Ltd. to 'BB-' with stable outlook, as it foresees sustained positive earnings before interest, taxes, depreciation, and amortization (EBITDA) and cash flow for the firm.
Singapore’s EDB commits additional funding of $25M; facilitates partnerships with startups
The Singapore Economic Development Board (EDB) is committing S$32 million ($24.57 million) in fresh funds over the next two years to continue driving corporate venturing in Singapore.
Transitioning to a sustainable future – Are EVs the answer for a green logistics industry?
In the ongoing battle against #ClimateChange, businesses across all verticals need to take a firm stance towards the cause or risk being eliminated. Ultimately, #EVs are simply the first step towards greenifying business processes. Instead of looking at #Sustainable practices like #EV adoption in isolation, companies will do well to consider them as part of…
Temasek’s SeaTown closes second private credit fund at over $1.3B
SeaTown Holdings International, a wholly-owned subsidiary of Temasek’s asset management group Seviora Holdings, has on Tuesday announced the final close of the SeaTown Private Credit Fund II (PCF II) with over $1.3 billion in capital commitments.
Empowering tomorrow’s innovators: The role of family offices in tech funding and social impact initiatives in Singapore
Family offices are pivotal in Singapore's tech funding landscape, leveraging substantial resources and a long-term investment outlook to drive innovation and social impact. By prioritizing initiatives aligned with #ESG principles and investing in education, research studies, and start-ups, they not only address funding gaps but also foster solid grounds for…
Foxconn Industrial Internet, Vizzio Technologies, Ingrasys team up for AI server WEF Lighthouse Factory
Vizzio Technologies, a Singapore-based technology company, Foxconn Industrial Internet (FII), a subsidiary of the global technology leader Foxconn, and INGRASYS, an artificial intelligence (AI)-focused subsidiary of Foxconn, have teamed up for smart manufacturing.
Singtel, Hitachi expand collaboration to next-generation data centers and GPU cloud
Singaporean telecommunications conglomerate Singtel and Japanese multinational conglomerate Hitachi, Ltd. have expanded collaboration to next-generation data centers and graphics processing unit (GPU) cloud to accelerate enterprise digital transformation by artificial intelligence (AI) adoption.
Singapore’s SleekFlow secures $7M with Atinum Investment to propel global expansion and AI tech innovation
SleekFlow, a Singapore-based provider of Omnichannel Conversational AI Suite for customer engagement, has secured $7 million in a Series A+ funding round led by Atinum Investment, a South Korean-based venture capital firm.
Singapore’s DiMuto secures $5.9M in Series A funding for global expansion
DiMuto, a Singapore-based AgriFood trade solutions company, has successfully closed its Series A funding round, securing a total of $5.9 million. The round, which was led by The Yield Lab Asia Pacific, saw contributions from prominent investors including SiS Cloud Global Tech Fund 8, Gold Sceptre Limited, and Dave Chen.
