Singapore
Temasek-backed Azalea adds over $1B in new capital commitments across private equity platforms
Tamesek-backed Azalea Investment Management Pte. Ltd. announced Monday that it has raised over $1 billion in new capital commitments across three private equity (PE) offerings.
STMicroelectronics, NUS launch four-year lab to develop energy-efficient edge AI chips in Singapore
STMicroelectronics, an European chipmaker, and the National University of Singapore (NUS) launched a research lab to develop energy-efficient semiconductors for edge AI, the processing of AI tasks on or near a device rather than in the cloud.
JC&C to sell Singapore, Malaysia car business to Indonesia’s Chandra Asri for $207M
Jardine Cycle & Carriage (JC&C), a Singapore-incorporated company, will sell its Cycle & Carriage automotive business in Singapore and Malaysia to CCHPL Holdings, a wholly-owned subsidiary of Indonesia's PT Chandra Asri Pacific, for an estimated S$265 million ($207 million).
Thailand venture capital firm Krungsri Finnovate invests in three global startups
Krungsri Finnovate, the corporate venture capital (CVC) arm of Krungsri (Bank of Ayudhya PCL), said on Monday that it has backed three global startups including AlpacaDB, Incorp (Alpaca), Qoala Technology PTE LTD and Whale Technologies Limited.
Eaton, Singapore Polytechnic team up to advance talent development in next-generation power infrastructure
Eaton, an Ireland-based intelligent power management company, and Singapore Polytechnic (SP) have on Wednesday signed a memorandum of understanding (MoU) to advance technical education in emerging power infrastructure technologies, including 800-volt direct current (800VDC) systems.
ResponsAbility closes Asia Climate Fund at $461M
Switzerland-based responsAbility Investments AG has successfully closed its Asia Climate Fund1 at $461 million, making it the firm's largest closed-end climate investment fund to date.
Could Anthropic’s watermark turn AI assistance into a mark of suspicion?
Singapore has no equivalent of Article 50, yet universal watermarking could stigmatize AI use and disadvantage smaller businesses and creators.
Singapore allocates 200 MW of new data center capacity to Digital Realty, Equinix, Keppel, STT GDC
The Singapore Economic Development Board (EDB) and the Infocomm Media Development Authority (IMDA) said Friday they have provisionally allocated 200 megawatts (MW) of new capacity to four data center operators Digital Realty, Equinix, Keppel Data Centers, ST Telemedia Global Data Centers through the second Data Center – Call for Application (DC-CFA2)…
Zig by ComfortDelGro invests over $8M in BYD’s new electric and hybrid PHVs
Zig by ComfortDelGro (Zig, 劲) announced Thursday that it is investing over S$10 million ($7.87 million) in its Private Hire Vehicle (PHV) fleet with a range of BYD electric and hybrid vehicles supplied by Vantage Automotive.
NUS and A*STAR researchers lead $17M SG Bio-SPRINT program to develop sustainable plant-based specialty polymers
Researchers from the National University of Singapore (NUS) and Agency of Science, Technology and Research (A*STAR) have been awarded a research grant of S$22 million ($17 million) under Singapore’s national Research, Innovation and Enterprise (RIE) 2025 masterplan to conduct cutting-edge research on greener polymers.
