Singapore
Maybank sees AI demand spurs neocloud race in Asean
Maybank Investment Bank has foreseen artificial intelligence (AI) demand to spur neocloud race in ASEAN.
NUS Enterprise boosts deep tech growth through new co-investment framework with SG Growth Capital, Lotus One Investment
NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), announced Tuesday two major co-investment partnerships and an international education initiative to strengthen Singapore’s role as a global innovation hub for deep tech.
Ant International’s Alipay+ to launch in Saudi Arabia
The Saudi Central Bank (SAMA) and Ant International, a global digital payment firm, will launch cross-border QR code payments between the Kingdom of Saudi Arabia’s (KSA) national payment scheme, mada, and Ant International’s global wallet gateway, Alipay+, during 2026 to drive digitization and inclusive growth for local merchants.
Ant International’s Alipay+ to become official payment partner of the Laver Cup
Laver Cup and Alipay+, part of Ant International, a global digital payment, digitization and financial technology provider, have on Monday formally announced a new long-term strategic partnership which will begin at Laver Cup San Francisco 2025, to be held at the Chase Center from September 19-21.
Maybank sees minimal impact from Sea’s Shopee seller commission raise
Maybank Investment Bank said Friday that it sees minimal pushback from the second round of seller commission raise from Sea's e-commerce arm Shopee.
OCBC Malaysia invests $2.37M in AI upskilling
OCBC Malaysia, a unit of the Singapore-based OCBC Group, is investing over MYR 10 million ($2.37 million) a year in people development programs, with a significant focus on artificial intelligence (AI), reskilling and upskilling.
Temasek backs PsiQuantum $1B Series-E funding to build world’s first fault-tolerant quantum computers
PsiQuantum announced Wednesday it has raised $1 billion in funding for its Series E round to build the world’s first commercially useful, fault-tolerant quantum computers.
Princeton Digital Group taps Pertamina Patra Niaga to advance sustainable data center operations in Indonesia
Princeton Digital Group (PDG), the Singapore-based data center provider, announced Wednesday a strategic partnership with oil and gas firm Pertamina Patra Niaga to roll out hydrotreated vegetable oil (HVO) as a replacement for diesel fuel across its Indonesian operations.
Singapore’s early-stage emerging tech startups total funding raised dips to $371M in 2024
Singapore’s early-stage emerging tech startups saw its total funding raised dip 8 percent to $371 million in 2024 from $402 million in 2023, SGInnovate's report showed Tuesday.
Singapore’s Clime Capital launches independent Technical Assistance Facility
Clime Capital, the Singapore-based fund manager focused on accelerating the low-carbon transition, announced Wednesday the launch of SEACEF TAF, an independent Technical Assistance Facility, to boost its impact in the region by delivering tailored strategic support alongside its investments in clean energy technologies and businesses in Southeast Asia.
