Grab and StraitsX sign MOU to explore development of Web3 wallets and stablecoin-based settlement layer across Asia
Singapore-based superapp Grab and digital assets firm StraitsX announced Tuesday a strategic memorandum of understanding (MOU) to explore the development of a Web3-enabled…
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…
Accelerating Asia backs eight startups in its 12th Cohort
Accelerating Asia Ventures, Singapore-based independent venture capital accelerator, announced last Friday its investment in eight new startups joining its twelfth cohort.
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…
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…
Malaysia’s FeedMe raises $5M to accelerate restaurant automation across Southeast Asia
FeedMe, the Malaysia-based restaurant software platform, announced Tuesday a $5 million funding round led by Integra Partners, with participation from Cento Ventures.
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…
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…
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…
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…
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…
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…
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…
While Singapore businesses accelerate AI adoption, readiness gaps threaten AI innovation – Kyndryl
While Singapore’s enterprises are seeing growing returns from artificial intelligence (AI) and cloud investments, only 24 percent feel fully prepared to manage future risks, well…
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