Singapore

QAI Ventures launches Singapore’s first quantum technology accelerator with four-startup inaugural cohort

QAI Ventures, a global venture capital firm focused on quantum technologies and advanced computing, has launched the inaugural cohort of its Singapore Quantum Accelerator.

Singapore-based Nium acquires crypto wallet company Cypher to bridge fiat, digital asset payments infrastructure

Nium, a cross-border payments infrastructure company co-headquartered in San Francisco and Singapore, has acquired Cypher, a crypto-native non-custodial wallet and issuing company backed by Y Combinator and Coinbase Ventures.

Singapore Temasek’s net portfolio value hits $400B, doubling over past decade

The net portfolio value of Singapore's global investment company Temasek reached S$518 billion ($400.3 billion) as at March 31, 2026, representing a doubling of its portfolio over the past decade.

AI Singapore launches AI for Good Festival to expand AI literacy for 5,000 youths

AI Singapore, a ministry-run talent development body, has launched the inaugural AI for Good Festival initiative, to expand AI literacy and responsible AI education at scale.

78% of Singapore IT leaders lack real-time data infrastructure, slows AI scaling: Confluent report

As many as 78 percent of Singapore IT leaders say a lack of real-time data infrastructure is stalling their efforts to scale AI, even as 75 percent are already deploying or piloting agentic AI solutions.

Google unveils video commerce tools for Southeast Asia as YouTube shopping videos hit 6M

Google has unveiled new advertising and video commerce solutions for Southeast Asia at Google Marketing Live Southeast Asia in Singapore.

Singapore, Indonesia explore potential collaboration on offtake of imported low-carbon electricity

Singapore and Indonesia are exploring potential collaboration on offtake of imported low-carbon electricity.

PingPong Payments secures Singapore’s in-principle approval for capital markets services license

PingPong, a Chinese provider of cross-border payment solutions, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license.

ESR, MCUDI expand Indonesia logistics partnership to develop assets valued over $80M

ESR, a Singapore-based real asset owner and manager, and PT MC Urban Development Indonesia (MCUDI), a wholly owned subsidiary of Mitsubishi Corporation, have entered into a joint development agreement to develop two institutional‑grade logistics and industrial facilities in Greater Jakarta.

Singapore’s recommerce platform Carousell reaches EBITDA profitability as revenue hits $141M

Singapore-based Carousell Group, a multi-category classifieds and recommerce platform focusing on Southeast Asia, has achieved positive EBITDA in its fiscal year 2025, with revenue growing 18 percent year-on-year to $141 million, nearly tripling since FY21.