Singapore
Singtel partners GMI Cloud to expand GPU capacity in the US and Asia Pacific to accelerate AI adoption
Singapore Telecommunications Limited (Singtel) and GMI Cloud, an United States-based artificial intelligence (AI)-native GPU cloud platform, have announced a strategic collaboration to expand GPU capacity by combining both companies' GPU resources and infrastructure, democratizing the availability of high-powered computing for enterprises.
Malaysia’s Kenanga acquires 8 percent stake in Singaporean fintech firm Helicap
Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.
Singtel partners Nscale to unlock GPU capacity globally to accelerate AI adoption
Singapore Telecommunications Limited (Singtel) and Nscale, a fully vertically integrated artificial intelligence firm AI cloud platform, have announced a strategic partnership that will unlock both companies’ GPU capacity across Europe and Southeast Asia.
Singapore’s Validus secures up to $50M facility from HSBC to strengthen digital lending for MSMEs in Indonesia
Validus, a digital small and medium-sized enterprise (SME) lending platform headquartered in Singapore, has on Monday announced the establishment of a debt facility of up to $50 million from HSBC under the ASEAN Growth Fund strategy. The funding is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing…
Singapore’s Crypto.com partners Standard Chartered to launch global retail services
Singapore-based cryptocurrency exchange company Crypto.com has unveiled its global retail services from its Dubai Hub via a partnership with global bank Standard Chartered.
Singapore’s GIC acquires logistics facility in Yokohama, Japan
GIC, a Singapore-based global investment firm, has acquired a logistics facility in Yokohama city, part of the Greater Tokyo metropolitan area.
S&P upgrades Grab to ‘BB-‘ with stable outlook
S&P Global Ratings has on Thursday upgraded Singapore-based superapp Grab Holdings Ltd. to 'BB-' with stable outlook, as it foresees sustained positive earnings before interest, taxes, depreciation, and amortization (EBITDA) and cash flow for the firm.
Singapore’s EDB commits additional funding of $25M; facilitates partnerships with startups
The Singapore Economic Development Board (EDB) is committing S$32 million ($24.57 million) in fresh funds over the next two years to continue driving corporate venturing in Singapore.
Transitioning to a sustainable future – Are EVs the answer for a green logistics industry?
In the ongoing battle against #ClimateChange, businesses across all verticals need to take a firm stance towards the cause or risk being eliminated. Ultimately, #EVs are simply the first step towards greenifying business processes. Instead of looking at #Sustainable practices like #EV adoption in isolation, companies will do well to consider them as part of…
Temasek’s SeaTown closes second private credit fund at over $1.3B
SeaTown Holdings International, a wholly-owned subsidiary of Temasek’s asset management group Seviora Holdings, has on Tuesday announced the final close of the SeaTown Private Credit Fund II (PCF II) with over $1.3 billion in capital commitments.
