Singapore
Granite Asia raises over $500M for Pan-Asia private credit fund Libra Hybrid
Granite Asia, a Singapore-based investment firm, has surpassed the $500 million target for its Pan-Asia private credit fund, Libra Hybrid, drawing new commitments from a leading insurer, DBS Private Bank, and other institutional investors.
Visa joins Singapore’s stablecoin project, to pilot 7-day settlement with Nium
The United States-based payment network Visa has joined BLOOM, an initiative led by the Monetary Authority of Singapore (MAS) to enable interoperability between traditional payment systems and stablecoin-based payment rails.
STMicroelectronics, NUS launch four-year lab to develop energy-efficient edge AI chips in Singapore
STMicroelectronics, an European chipmaker, and the National University of Singapore (NUS) launched a research lab to develop energy-efficient semiconductors for edge AI, the processing of AI tasks on or near a device rather than in the cloud.
JC&C to sell Singapore, Malaysia car business to Indonesia’s Chandra Asri for $207M
Jardine Cycle & Carriage (JC&C), a Singapore-incorporated company, will sell its Cycle & Carriage automotive business in Singapore and Malaysia to CCHPL Holdings, a wholly-owned subsidiary of Indonesia's PT Chandra Asri Pacific, for an estimated S$265 million ($207 million).
Singapore’s DayOne Data secures $415M green loan for hydrogen-powered data center
DayOne Data Centers, a Singapore-headquartered digital infrastructure company, has secured a four-year, S$530 million ($415 million) green loan from the Singapore banks DBS, OCBC and UOB to fund its first data center in the country.
Singapore police disrupt 30,000 Apple iMessage accounts as scam losses hit $1.7M
The Singapore Police Force (SPF) has disrupted more than 30,000 Apple iMessage accounts linked to a scam campaign that has caused about S$2.2 million ($1.7 million) in losses.
Robots need real-world data, not just better hardware, says Ropedia Co-Founder [Q&A]
In an interview, Ropedia Co-Founder and CTO Fangzhou Hong told TNGlobal about why Asia is emerging as a hub for Physical AI, how Singapore can take the lead, whether data or hardware will determine the winners, and how robots entering everyday life could reshape employment.
Tencent’s TenPay Global, ShopeePay jointly launch cross-border payment service in China for SE Asian users
TenPay Global, Tencent's cross-border payment platform, and ShopeePay, the digital payment arm of Singapore's Sea Ltd and associated with the e-commerce platform Shopee, have jointly launched a cross-border payment service connecting Southeast Asian users with merchants in China.
Vietnam leases 5 hectares to Singapore-backed Evolution for $508M hyperscale data center
The authorities in Vietnam's Ho Chi Minh City have granted Evolution DC VN HCMC a 50-year lease on about 4.96 hectares of land in the Saigon Hi-Tech Park for a $508 million data center project, invested by Singapore business.
Vietnam’s VNG to buy back data center project stake from Singapore’s STT GDC for $18.3M
VNG Group JSC, a leading technology firm in Vietnam, will buy back a majority stake in VTH Software Development JSC for VND480 billion ($18.3 million), after its Singapore-based partner STT GDC withdrew from a planned data center project on the site of VTH.
