Singapore

MAS announces green finance and capital markets initiatives to strengthen financial cooperation with China

The Monetary Authority of Singapore (MAS) has on Monday announced new green finance and capital markets initiatives to strengthen financial cooperation with China.

Grab raises full year revenue forecast after improved performance in third quarter

Singapore-based superapp Grab Holdings Limited has on Monday raised its full year revenue forecast following its improved revenue in the third quarter.

Schroders partners ADDX to enhance access to private equity investments

Global asset manager Schroders has announced a partnership with ADDX, a Singapore-based private markets and alternative investment platform, broadening access for accredited investors with a semi-liquid global private equity strategy.

Singapore’s Capital C secures seven-figure investment in Pre-Series A funding

Singapore-based fintech services provider Capital C Corporation has secured a seven-figure sum in a pre-series A funding round from Phillip Private Equity, Azure Capital, and high-net-worth individuals.

Maybank Singapore partners PracBiz for supply chain finance

Maybank Singapore and Singapore-based digital supply chain platform PracBiz are collaborating for the bank to offer financing to qualified users of PracBiz Exchange (PBX).

Singtel’s RE:AI partners Scale AI to drive generative-AI innovation for enterprises across Asia-Pacific

Singtel Digital InfraCo’s artificial intelligence (AI) cloud offering, RE:AI, and Scale AI, who is laying the foundation for AI innovation, have on Thursday announced a strategic partnership to help enterprises accelerate the adoption of generative AI technologies.

MAS partners BdF to conduct groundbreaking post-quantum cryptography experiment to enhance communication security

The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) have on Tuesday announced the successful completion of a groundbreaking joint experiment in post-quantum cryptography (PQC) conducted across continents over conventional internet technologies.

NTU Singapore, Walden International launch $38M fund to support deep tech startups

Nanyang Technological University, Singapore (NTU Singapore) and leading global venture capital (VC) firm Walden International are launching a new venture capital fund to support deep tech spin-offs from the university.

Digital economy will reach $263B in GMV next year, says report

Google, Temasek, and Bain & Company have projected that the digital economy in Southeast Asia (SEA) will reach $263 billion in gross merchandise value (GMV) in 2024, a 15 percent increase over last year.

Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia

Funding Societies, the Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs) has on Tuesday announced signing the third credit facility with HSBC under its ASEAN Growth Fund.