Singapore

Elev8.vc closes $30M deep tech fund to propel innovation in Singapore’s technology ecosystem

Elev8.vc’s new fund is expected to back 20 to 30 high-potential deep tech startups, providing them with both capital and strategic resources to accelerate their growth.

Singapore, Thailand authorities move to block crypto betting site Polymarket – report

Users on social media reported losing access to the site over the weekend.

US e-commerce giant Amazon invested over $1.49B in Singapore

US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023. This includes both capital expenditure such as improvements to existing infrastructures, including fulfilment centers, delivery stations, and data centers, and operating…

Johor-Singapore Special Economic Zone to help create more tech startups, says Malaysia deputy tech minister

Deputy Science, Technology and Innovation Minister Mohammad Yusof Apdal said he is confident that the establishment of the JS-SEZ will play an important role in helping the Ministry of Science, Technology and Innovation (Mosti) achieve its target of creating 5,000 startup companies by the end of 2025

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.

Singapore skyline SGX SPAC

Grab, GoTo may face new rules as Singapore reviews ride industry – report

The Land Transport Authority said on Thursday it is looking to change the framework for the taxi and ride-hailing industries. It will focus on availability of supply, resilience and the inclusivity of services, while also looking at matters such as the adoption of clean-energy vehicles.

CYSummit 2023: Defining our Digital Narrative Together – Connecting Youths-in-Tech to Prepare for Our Digital Future

CYSummit 2023 is a dynamic and engaging movement that brings together young people that have an appetite for growth. As a platform, CYSummit 2023 aims to foster progress by unifying #youth through #mentorships, job skills, knowledge exchange, and #career development.

Singapore’s Creative Technology founder Sim Wong Hoo dies

The company also came into the limelight when Apple Computer and Creative agreed to settle their legal dispute over music player patents for $100 million in 2006.

The climate change reality for businesses

A climate of economic, policy, and market uncertainty has prompted many companies to take a cautious approach towards climate change. Under these circumstances, it's not surprising that Small and Medium-sized Enterprises (SMEs) are generally reluctant to put climate risk at the forefront of their priorities. Many are still trying to understand the…

Building Southeast Asia’s EV motorbike ecosystem, an interview with ION Mobility’s James Chan [Podcast Q&A]

"With the EV transition, we’re not just going to benefit from significant efficiency gains in converting stored electrical energy into mobility. We’re also going to make that evolutionary leap from being analog devices to completely digital and always-connected personalized devices, just like the ubiquitous smartphone."