Singapore

Singapore’s Transparently.AI secures investment from Franklin Templeton

Transparently.AI, a Singapore-based maker of artificial intelligence software that detects accounting fraud, has secured an investment from Franklin Templeton as part of its admission to the asset manager’s FinTech Incubator program.

Singapore fintech platform Xalts acquires Contour Network from consortium of global banks

Accel and Citi Ventures-backed Singapore fintech firm Xalts has on Tuesday announced its acquisition of Contour Network, owned by a consortium of global banks, to accelerate digitization in trade and supply chain finance.

Tsangs Group and John Textor’s Family Office join forces again for global investments

Tsangs Group, an innovation-focused family office that bridges East and West, and the family office of entertainment technology pioneer John Textor have signed a partnership agreement to jointly invest globally in entertainment, sports, and media.

Singapore’s Carousell Co-Founder Lucas Ngoo to step down

Ngoo said he will continue to have full vested interests in the success of Carousell as a co-founder, board director and shareholder, and have full confidence in our business and leadership team.

Singapore to invest over $743M in AI over the next five years – Budget 2024

"To support this strategy and further catalyse AI activities, I will invest more than $1 billion over the next five years into AI compute, talent, and industry development," Wong, who is also the Minister for Finance, said as he delivered Singapore’s FY2024 Budget Statement.

Blue Planet Boosts Circular Economy with a majority stake in Mahindra Waste to Energy

Blue Planet Environmental Solutions Pte. Ltd. (Blue Planet), a Singapore-based sustainable waste management firm, has finalized the acquisition of Mahindra Waste to Energy Solutions Limited (MWTESL), a subsidiary of Mahindra Group.

Malaysia, Indonesia, Thailand and Singapore stock exchanges team up to develop ASEAN Interconnected Sustainability Ecosystem

Stock exchanges in Malaysia, Indonesia, Thailand and Singapore said Thursday they have teamed up to develop an ASEAN Interconnected ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE), to advance Asean’s sustainable development through the implementation of common environmental, social and governance (ESG) metrics in their respective data…

NTU Singapore sets up high-tech pilot laboratory for ultrathin electronics

Nanyang Technological University, Singapore (NTU Singapore) has set up a high-tech pilot laboratory capable of rapid prototyping ultrathin and stretchable electronics that detect bioelectric signals from skin, muscles and organs, and transmit these signals to control robots or other electronic devices.

SentinelOne completes acquisition of Indian cloud security startup PingSafe

SentinelOne, a global leader in artificial intelligence (AI)-powered security, has on Monday announced that it has completed its acquisition of Singapore-based cloud-native application protection platform (CNAPP) PingSafe, ushering in a new era of cloud security which it is in pole position to lead.

KPMG : Singapore’s AI funding soars 77 pct to $481.21M in 2023 across 24 deals

Singapore's fintech sector has witnessed an extraordinary surge in funding for artificial intelligence (AI) technologies, despite a global downturn in fintech investments, KPMG said Tuesday. The AI fintech funding in Singapore skyrocketed to an impressive $333.13 million in the second half of 2023, marking a significant 77 percent increase from the $148.08…