Singapore

Singapore’s Trust Bank reaches 1M customer; launches investment solution with abrdn

Singapore's digital bank Trust has on Friday announced that it has reached 1 million customers, making it the fourth largest retail bank in Singapore by customer numbers.

FinDev Canada opens first regional office in Singapore to support the Indo-Pacific

Canada’s bilateral Development Finance Institution, FinDev Canada, has announced the opening of its first regional office in Singapore to support clients and partners in the Indo-Pacific region.

Singapore’s Thunes expands its Direct Global Network into Taiwan

Singapore-based global payments company Thunes has on Thursday announced the expansion of its Direct Global Network into Taiwan.

Temasek’s Nurasa, Saskatchewan Food Centre team up to expand market opportunities

Nurasa, a wholly owned company of Temasek and an organization in sustainable nutrition development in Asia, and the Saskatchewan Food Industry Development Centre (Food Centre), a contract research, manufacturing and incubation organization in Canada, have teamed up to foster innovation and enhance collaboration within the global food and beverage industry.

Switzerland’s Sonar acquires Singapore’s autonomous AI agent platform AutoCodeRover

Sonar, a Switzerland--based code quality and code security solutions provider, has announced the acquisition of AutoCodeRover, a Singapore-based autonomous artificial intelligence (AI) agent platform for software development.

Real-time communication: The missing link in Singapore’s smart device revolution

Singapore's unique position as a smart nation pioneer and technology hub makes it an ideal environment for advancing #AI-powered innovation. Based on our experience, the success of these initiatives depends not just on technological capability, but on creating solutions that genuinely enhance daily life.

EBANX secures in-principle approval for MPI license from MAS for global payment

EBANX, a Brazil-based global payment service provider (PSP) specializing in emerging markets, has on Monday announced that the firm has been granted in-principle approval for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

Singapore’s StraitsX partners with Standard Chartered to strengthen stablecoin infrastructure

Through this collaboration, Standard Chartered will serve as one of StraitsX’s trusted banking partners, providing robust cash management and custody services for the reserve assets backing StraitsX’s U.S. Dollar and Singapore Dollar stablecoins, XUSD and XSGD.

EconWorks : Grab’s on-demand services in Malaysia adds almost $2.23B to local economy

Singapore-based superapp Grab’s on-demand services, including ride-hailing and delivery, facilitated a substantial economic contribution of MYR 9.9 billion ($2.23 billion) to the Malaysian economy in 2023, approximately 0.5 percent of the country’s gross domestic product (GDP), EconWorks revealed Monday.

Straits Millennium secures in-principle approval for MAS MPI license to offer DPT services in Singapore

Straits Millennium Pte Ltd, a member of Singapore-based financial services firm Straits Financial Group, has on Monday announced that it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) License to offer digital payment token (DPT) services in the country.