Singapore

Taiwan's semiconductor firm Powertech Technology plans to invest $400 million to establish a chip packaging joint venture in Singapore, in a cooperation with US semiconductor giant Broadcom.

Singapore organizations are building skills faster than they are redesigning work to deploy them, creating a "capability debt" or the cost of work evolving faster than the systems organizing it, according to a report released at Singapore Polytechnic's HR Learning Fest 2026.

Singapore leads Southeast Asia in per capita adoption of Google's Gemini AI platform and ranks first globally by the same measure, while Vietnam dominates the region in mathematical reasoning, coding, and AI-assisted education.

Singapore-based pQCee, a post-quantum cryptography solutions firm, has raised $3.9 million in a seed funding round co-led by SGInnovate and Lotus One Investment, with participation from In Group Holdings, Wavemaker Ventures, SUTD Venture Holdings, and Apsara Investments.

Singapore-based enterprise AI company Whale has raised $40 million in a Series C extension, bringing its total Series C funding to $100 million, as it looks to expand operations across North America, the Middle East, and Europe.

London-based Winnow, an AI-powered food waste solution provider, has acquired Singapore's Lumitics, a food waste technology company operating in Asia-Pacific and the Middle East, the former said in a statement on Thursday, without any financial details.

Singapore's Rize, an agricultural technology company working to reduce emissions from rice cultivation, has raised $31 million in a Series B round comprising $20 million in equity and $11 million in debt financing.

The Vietnam Advanced Manufacturing Research Center (VAMRC), a joint project of Vietnam and Singapore, is set to develop automation, robotics, artificial intelligence in manufacturing, factory digital transformation, green manufacturing, and supply chain resilience.

Strong AI-related demand for semiconductors and semiconductor manufacturing equipment drove Singapore's manufacturing sector to 12.2 percent year-on-year growth in the second quarter of 2026, accelerating from 8.0 percent in the first quarter and powering the broader economy to 5.7 percent overall growth.

Singapore's Energy Market Authority (EMA) and Japan's Electricity and Gas Market Surveillance Commission (EGC) will strengthen collaboration on energy market regulation, promote information exchange on gas and electricity markets, and facilitate knowledge sharing on market surveillance approaches, regulation design, and system stability measures.