Singapore

Singapore’s Boroo to buy Canada’s Eagle gold mine for C$140M

Boroo, a privately held investment holding company based in Singapore, has signed an agreement to acquire Victoria Gold Corp., whose main asset is the Eagle Gold Mine in Canada, for C$140 million ($100 million).

Singapore launches first national embodied AI challenge to accelerate real-world robotics deployment in manufacturing

The National Robotics Program (NRP), Agency for Science, Technology and Research (A*STAR), PINE Lab@NTU, and semiconductor company Micron Technology announced Wednesday the launch of the Singapore Embodied AI Challenge for Manufacturing, Singapore's first national-level competition dedicated to advancing embodied artificial intelligence (AI) and robotics…

Singapore’s Thunes expands real-time payouts to Venezuela

Thunes, the Singapore-based payment firm,  announced Tuesday the expansion of its Direct Global Network into Venezuela, one of Latin America’s critical financial corridors. 

UK and Singapore deepen cooperation on digital finance and sustainable finance

The United Kingdom (UK) and Singapore are deepening their cooperation on digital finance and sustainable finance.

Car marketplace Carro sets up S$450M car-loan securitisation, first in Singapore

Carro, Asia Pacific’s leading online automotive marketplace has set up a S$450 million asset-backed securitisation facility backed by Singapore car loan receivables.

Enterprise Singapore allocates S$45M to speed AI adoption in advanced manufacturing

Enterprise Singapore (EnterpriseSG) has launched Catalytic AI Solutions for the advanced manufacturing sector, a three-year initiative with more than S$45 million ($35.2 million) to help small and medium-sized enterprises (SMEs) deploy AI solutions.

Singapore’s Genie Health raises $3M seed, led by Nadathur Family Office

Genie Health, a Singapore health technology company, has raised $3 million in seed funding to expand its consumer health app and its clinic platform.

ShopBack adds TADA ride-hailing to ShopBack Pay in Singapore

ShopBack and TADA have partnered to let eligible Singapore riders pay for trips through ShopBack Pay and receive cashback.

Singapore, Sweden deepen cooperation on clean energy technologies

Singapore and Sweden will deepen cooperation on clean energy technologies, including hydrogen, ammonia and high-voltage direct current (HVDC) systems, as both countries seek to advance the energy transition and strengthen regional electricity interconnectivity.

Thunes and Coinbase join forces to drive next generation global payments

Singapore payment firm Thunes and US cryptocurrency firm Coinbase announced Monday a strategic collaboration to drive the next generation of global payments.