Singapore

Singapore has launched a S$143 million ($112 million) funding initiative to speed up the development and commercialization of low-carbon technologies for industry.

Energy Impact Partners (EIP), a global energy investor, and the Singapore Economic Development Board (EDB) will boost their partnership to advance energy innovation and decarbonisation in Singapore.

Boroo, a privately held investment holding company based in Singapore, has signed an agreement to acquire Victoria Gold Corp., whose main asset is the Eagle Gold Mine in Canada, for C$140 million ($100 million).

The share of Singapore job ads mentioning AI-related skills rose from 1.3 percent in January 2024 to 5.1 percent in August 2026, according to Jobstreet by SEEK.

Carro, Asia Pacific’s leading online automotive marketplace has set up a S$450 million asset-backed securitisation facility backed by Singapore car loan receivables.

Enterprise Singapore (EnterpriseSG) has launched Catalytic AI Solutions for the advanced manufacturing sector, a three-year initiative with more than S$45 million ($35.2 million) to help small and medium-sized enterprises (SMEs) deploy AI solutions.

Genie Health, a Singapore health technology company, has raised $3 million in seed funding to expand its consumer health app and its clinic platform.

Singtel and Ericsson have signed a five-year strategic partnership to expand Singapore's 5G Advanced capabilities, accelerate AI-native applications, and build more reliable connectivity for businesses and consumers.

The UK-based Primary Health Properties expects about £0.5 billion ($670 million) in net cash from a joint venture with Singapore’s GIC, a sovereign wealth fund, and will use the money to cut debt.

SBI Holdings, the Japanese financial services group, and Startale Group, a Singapore-registered Web3 infrastructure developer, have joined Open Standard, an alliance backing the U.S. dollar stablecoin Open USD (OUSD).