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GlobalFoundries acquires Singapore’s Advanced Micro Foundry to expand AI infrastructure portfolio

GlobalFoundries (GF) announced Monday the acquisition of Advanced Micro Foundry (AMF), a silicon photonics foundry based in Singapore, marking a pivotal step in GF’s strategy to advance innovation and its leadership in silicon photonics.

Payrex taps Billease to bring BNPL to Philippine merchants

Payment gateway startup Payrex is teaming up with Billease, the Philippines’ Buy Now, Pay Later (BNPL) platform, to make flexible payment options available to thousands of online and offline merchants through a single API integration.

Bahrain and Singapore team up to boost digital public infrastructure

BENEFIT and Singapore-based technology company MonetaGo, in collaboration with Bahrain FinTech Bay (BFB), have embarked on the implementation phase of Bahrain’s National Digital Public Infrastructure (DPI) Initiative to develop a digital ledger for all financed trade transactions and invoice submissions creating an alternative data credit score to…

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The role of AI in exit strategies

Selling a company that someone has worked hard to build from scratch isn’t a one-off event. It takes significant preparation and planning to get there. Even founders need to be emotionally ready to let go, but how can they focus on easing that attachment if they’re bombarded with endless tasks to ensure a smooth transition?

UBS and Ant International partner on blockchain-based real-time cross-border payments settlement and liquidity management

Swiss multinational investment bank UBS has entered a strategic partnership with Ant International, a Singapore-based digital payment firm, to explore innovations in blockchain-based tokenized deposits to support Ant International’s global payments settlement and liquidity management.

Singapore’s PDG expands to South Korea with $700M data center investment

Princeton Digital Group (PDG), the Singapore-based data center operator, announced Monday its entry into South Korea with an investment of $700 million, its seventh country after Singapore, Japan, India, Indonesia, China and Malaysia.

Equinix supports Groq in launching low-latency AI inference in APAC

Groq, a global artificial intelligence (AI) inference firm, has expanded its global AI infrastructure footprint to the Asia-Pacific (APAC) region through its deployment in Equinix’s International Business Exchange (IBX) data center in Sydney, Australia.

Companies are strategically ambitious yet operationally cautious about AI adoption in Singapore – Dell

Singaporean organizations are rapidly adopting artificial intelligence (AI) and Generative AI (GenAI), with implementation rates close to the APJC regional average, but their strategic focus on innovation is slightly lower than the APJC results, Dell Technologies' survey showed Monday.

Coins.ph and FinFan partner to support Philippines-Vietnam remittances with new technology

Coins.ph, the Philippines-based crypto and digital wallet platform, and Best Way Corporation (FinFan), a financial technology company based in Vietnam, have signed a memorandum of understanding (MOU) for a strategic partnership to streamline and expand cross-border remittance and payment flows between the two countries.

VinFast signs MoUs with Indonesia’s banks and finance companies to accelerate green transformation

Vietnam-based electric vehicles (EVs) firm VinFast has signed a series of memorandum of understandings (MOUs) with Indonesia’s leading financial institutions to strengthen cooperation in promoting the country’s green mobility transition.