Singapore

Bridge Alliance partners Singtel to launch regional telco API exchange powered by Singtel Paragon platform

Bridge Alliance, a mobile alliance of 34 member operators worldwide, and Singtel, a Singapore-based communications technology group, have on Wednesday announced a strategic partnership to accelerate regional Application Programming Interface (API) federation with a telco API exchange powered by Singtel’s Paragon, the all-in-one orchestration platform for…

Singapore partners Quantinuum to enable access to advanced quantum computer

Singapore’s National Quantum Office (NQO), Agency for Science, Technology and Research (A*STAR), National University of Singapore (NUS), National Supercomputing Centre (NSCC) and Quantinuum have signed a memorandum of understanding (MoU) on Wednesday, enabling access to Quantinuum’s advanced quantum computer, and to explore and collaborate on quantum…

Funding Societies has disbursed $64.22M in Islamic financing to MSMEs in Malaysia

Funding Societies, the Singapore-based unified digital finance platform for small and medium sized enterprises (SMEs), has successfully disbursed MYR 300 million ($64.22 million) in Islamic business financing to more than 2,500 micro, small, and medium enterprises (MSMEs) in Malaysia since launching its comprehensive suite of Islamic products in June 2023.

Grab acquires Singapore’s dining reservation platform Chope – report

Chope is free to use and is available in seven cities: Singapore, Jakarta, Bali, Bangkok, Phuket, Hong Kong, and Shanghai.

MAS commits up to $74.33M to support quantum and artificial intelligence capabilities in the financial sector

The Monetary Authority of Singapore (MAS) has announced that it will commit an additional SGD 100 million ($74.33 million) under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) to support financial institutions in building capabilities in quantum and artificial intelligence (AI) technologies, as well as enable the advancement of…

Organizations report a four-fold increase in the deployment of generative AI since 2023

Organizations report a four-fold increase in the deployment of generative artificial intelligence (GenAI) since 2023, according to the Capgemini Research Institute’s latest report revealed on Monday.

Singapore’s CHITOSE Group raises $6.2M from Japan’s SMBC

Singapore-based biotech firm Chitose Bio Evolution Pte. Ltd. has announced the issuance of new shares of JPY 1 billion ($6.2 million) through a third-party allotment to Sumitomo Mitsui Banking Corporation (SMBC).

TAU Intelligence partners Jardine Matheson, Intel to launch resource-efficient AI solutions

Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based technology firm Intel to launch resource-efficient AI solutions.

China’s XTransfer gets Singapore approval to provide payment services for SMEs

XTransfer, China-based business to business (B2B) cross-border trade payment platform, announced Tuesday that it has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a major payment institution license (MPI).

Singtel backs amalgamation of Intouch and GULF in move to simplify Thai associate AIS’ holding structure

Singapore Telecommunications Limited (Singtel) has on Tuesday announced its support for the amalgamation of Intouch Holdings and GULF, Intouch’s largest shareholder, which will create a leading digital and energy infrastructure player in Southeast Asia (NewCo).