Singapore

Singapore's ST Engineering has secured S$5.6 billion ($4.3 billion) in new contracts in the third quarter of 2026, bringing its total contract wins for the first nine months of the year to S$13.2 billion.

Wealthsimple, a Canadian financial services company, has agreed to an equity round of up to C$425 million ($302 million) at a post-money valuation of C$13.8 billion.

Stryv, a Singapore personal care and home wellness company, has raised US$11.5 million in Series B funding led by ACV Capital, with participation from Openspace Capital and OCTAVE Capital, along with other investors.

GlobalFoundries, a semiconductor manufacturer headquartered in New York, has opened its Advanced Facilities Control Centre (AFCC) at its Singapore site.

Singapore's Energy Market Authority (EMA) has granted conditional approval to Sembcorp Utilities as the designated importer for the 1.3-GW Vietnam-Malaysia-Singapore renewable electricity initiative.

Carro, Asia Pacific’s leading online automotive marketplace, sees the rise of Chinese electric vehicles (EV) in Southeast Asia as a tailwind for its used-car business, a spokesperson at Carro said to TNGlobal.

Singapore-headquartered insurtech firm Igloo plans to grow its platform software business, Igloo Tech Solutions, five-fold over the next two years through organic and acquisition-led growth.

Ailytics, a Singapore vision AI startup, has raised $7.4 million in a Series A round led by Tin Men Capital, an enterprise and frontier technology venture firm.

The Monetary Authority of Singapore (MAS) said Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined its BLOOM initiative as policymaker members.

The Singapore Economic Development Board (EDB) has appointed three power generators, Keppel Energy, Sembcorp Utilities, and Tuas Power Generation, as biomethane aggregators under Singapore's 300-MW regulatory sandbox.