Singapore

Singapore’s ZA Tech raises $35M in Series A funding led by EQT

ZA Tech, the Singapore-based next-generation insurance core system software as a service (SaaS) provider, has raised $35 million in Series A funding led by EQT and rebranded as Peak3.

Airwallex for Startups debuts in Singapore to help drive local startup success

Amid increasing positive sentiment about the business climate , Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city- state's community of over 55,000 startups.

UiPath survey reveals Singaporean workers have the highest rate of Gen AI usage globally

A new survey commissioned by UiPath, an enterprise artificial intelligence (AI) and automation software company, found that 60 percent of workers in Singapore are using generative AI (Gen AI) at work, the highest usage rate globally alongside Hong Kong.

Temasek’s Temus appoints Ng Lai Yee as new Chief Executive Officer

Temus, a digital transformation services firm established by Temasek and UST, has welcomed Ng Lai Yee as its new Chief Executive Officer (CEO) starting July 1, 2024.

Singapore and Cambodia initiate Financial Transparency Corridor initiative

The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have on Tuesday announced the start of the Financial Transparency Corridor (FTC) initiative between Singapore and Cambodia.

TM, Singtel’s Nxera team up to develop next-generation data centers in Malaysia

Malaysian telecommunications firm Telekom Malaysia (TM) is partnering Nxera, the regional data center arm of Singapore-based Singtel’s Digital InfraCo unit, in a joint venture to develop data centers in Malaysia starting with a sustainable, hyper-connected artificial intelligence (AI)-ready data center campus in Johor.

Singapore’s ST Telemedia Global Data Centers raises $1.3B from KKR-led consortium with Singtel

ST Telemedia Global Data Centres (STT GDC), a Singapore-based data center colocation services provider, has raised SGD 1.75 billion ($1.3 billion) from KKR-led consortium with Singtel, a Singapore-based communications technology group.

Dubai travel tech firm RateHawk opens first Asian headquarters in Singapore

RateHawk, a travel tech platform developed by the Dubai-based company Emerging Travel Group., has established its first Asian headquarters in Singapore.

Temasek inks deal to divest Pavilion Energy to Shell

Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek, has reached an agreement to divest 100 percent of its shares in Pavilion Energy Pte. Ltd. to Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc.

Temasek invests up to $198M in Australian financial services firm Betashares

Betashares, an Australian financial services company, has on Monday announced it has entered into a binding agreement with Temasek, a global investment company headquartered in Singapore, for Temasek to invest up to AUD 300 million ($198M) in Betashares.