Singapore
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).
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.
