Singapore

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).

U.S. Section 301 hits Southeast Asia: 10% for three, 12.5% for Singapore, Vietnam, technology escapes

New U.S. Section 301 tariffs took effect on Friday (July 24) across 60 economies, hitting seven Southeast Asian nations: Malaysia, Cambodia, and Indonesia with a 10 percent additional duty, while Vietnam, Thailand, the Philippines, and Singapore face the higher rate of 12.5 percent.

Singapore’s AI facilitator Ropedia raises $22M pre-Series A for physical AI data infrastructure, $30m in total

Singapore-based Ropedia, a data infrastructure company for physical AI and robotics, has raised $22 million in a Pre-Series A round, bringing its total funding to $30 million.

65% of Singapore, Australia security leaders see AI attack as inevitable, yet only 40% fully prepared: Mimecast

As many as 65 percent of IT and security decision-makers in Singapore and Australia believe an AI-driven attack against their organizations is inevitable within the next 12 months, yet only 40 percent report being fully prepared with specific strategies for AI-driven threats.

Singapore’s Grab invests in Vietnam’s EBOOST, targets 6,000 EV charging ports by early 2028

Singapore's Grab has made a strategic investment in Vietnamese electric vehicle charging company EBOOST, with a target of deploying more than 6,000 charging ports for cars and motorbikes in Vietnam by early 2028.

Vietnam’s QTSC, Singapore’s SSIA to cooperate in semiconductor training, R&D, investment promotion

The Quang Trung Software City (QTSC), the high-tech industrial park in Vietnam's Ho Chi Minh City, and the Singapore Semiconductor Industry Association (SSIA) will collaborate in semiconductor activities.

Tencent expands Weixin Mini Program innovation competition to Southeast Asia with AI agent theme

China's Tencent has launched the Southeast Asia Regional competition of the 5th Weixin Mini Program Global Innovation Challenge in Singapore, introducing an AI agent theme and a dedicated track for university applications for the first time.

Singapore commits 0.6% of GDP to AI as IMF flags bust risk, labor disruption

Singapore has formally designated artificial intelligence (AI) as a national growth strategy, allocating 0.6 percent of GDP to the National Research Fund for AI capabilities and research in the FY2026 budget, the International Monetary Fund (IMF) said.

61% of Singapore data analysts favor human AI oversight, highest globally, as governance gaps persist: Alteryx

As many as 61 percent of Singapore data analysts prefer a human-in-the-loop approach to AI, the highest share among all regions, as data quality and governance challenges continue to limit organizations' ability to act on AI-generated outputs.

Singapore’s Ant International closes $1.2B Series A with Ant Group, Alibaba

Singapore's Ant International has closed a Series A equity financing round of approximately $1.2 billion, with participation from existing investors Ant Group and Alibaba Group, alongside other unnamed international investment institutions.