Singapore
Singapore awards France’s Thales contract for AI-enabled air traffic management system, towards 2030 launch
The Civil Aviation Authority of Singapore (CAAS) has awarded France's Thales a contract to develop Singapore's next-generation air traffic management system (NexGen ATMS) and air traffic control radars, Thales said without financial details.
Singapore’s Temus invests in Philippines’ Thinking Machines, OpenAI’s first APAC services partner
Singapore-based AI and digital transformation company Temus, established by Temasek in 2021, has made a strategic investment in Thinking Machines Data Science, a Manila-founded AI and data company and OpenAI's first official services partner in Asia Pacific.
Singapore’s Atome Financial grows 2025 revenue 80% to $470M, annualized run rate reaches $800M
Singapore-based Atome Financial, the digital financial services platform comprising buy-now-pay-later service (BNPL) Atome, Atome Card, and Indonesia's Kredit Pintar, reported revenue of $470 million for the year ended December 31, 2025, up 80 percent year-on-year.
Singapore’s Singtel confirms Optus stake sale talks as Australian regulator pursues $174m penalty
Singapore Telecommunications Limited (Singtel) seeks a potential stake sale in its Australian subsidiary Optus Mobile, on the same day Australia's communications regulator commenced Federal Court proceedings against Optus Mobile, with a maximum penalty exposure of over A$250 million ($174 million).
US-based T1 Energy acquires TOPCon solar patents from Singapore’s Evervolt for $135M
US-based solar manufacturer T1 Energy (NYSE: TE) has acquired foundational solar patents and other intellectual property from Singapore-based Evervolt Green Energy Holding for a total consideration of $135 million.
Switzerland’s Cicor to acquire Malaysia factory of Singapore’s EDMI in $20M deal, targets $50M annual revenue
Switzerland's Cicor Group (SIX: CICN), a contract electronics manufacturer, will acquire EDMI Electronics Sdn. Bhd. in Johor, Malaysia, which is in turn a manufacturing subsidiary of Singapore-headquartered smart metering company EDMI Limited, for $15 million-$20 million.
US’s Apollo to invests $1.5B in Singapore’s Keppel offshore energy fund
The United States-based alternative asset manager Apollo (NYSE: APO) will invest $1.5 billion through Apollo-managed funds and affiliates into Keppel Ltd.'s Keppel Offshore Fund (KOF), a portfolio of offshore energy assets managed by Singapore's Keppel (SGX: BN4).
HSBC to open global AI center in Singapore in H2/2026, hiring 100 specialists
HSBC is establishing a Global AI Center of Excellence in Singapore in the second half of 2026, hiring more than 100 AI specialists to develop artificial intelligence (AI) capabilities for deployment across its global network.
Cryptocurrency holds steady in global affluent portfolios; Malaysia, Singapore investors seek alternatives: HSBC
Cryptocurrencies account for 6 percent of the mean asset allocation among affluent and high net worth investors globally in 2026, down one percentage point from 2025, according to the HSBC Affluent Investor Snapshot 2026.
Hong Kong, Singapore-based KPay receives in-principle approval for Singapore major payment institution licence
KPay Group, a fintech company co-headquartered in Hong Kong and Singapore, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license, under the Payment Services Act 2019 for its Singapore subsidiary, KPay Merchant Service (Singapore).
