Singapore

Science & Technology

Amazon Commits $9 Billion Investment in Singapore

Amazon.com intends to invest $9 billion in expanding its cloud computing infrastructure in Singapore.

News

ComfortDelGro Gets Green Loan From DBS to Accelerate Decarbonization of its UK Bus Fleet

SGD 100 million loan facility provided by DBS will be used to make the global operator ComfortDelGro’s bus fleet greener in the UK.

News

MAS to Invest S$35 million to Upskill Sustainable Finance Specialists

The Sustainable Finance Jobs Transformation Map (JTM) laid out by MAS aims to support upskilling and reskilling in the financial sector and develop a new range of specialists in sustainable finance over the next three years.

Fintech & Ecommerce

SingSaver Introduces Tailored Travel Insurance by Allianz

Allianz Travel Hero insurance solution enables customers to tailor their insurance plans depending on the distance of their travel, or the length of their stay overseas.

Blockchain & Crypto

Regulators in Singapore License Crypto Platform GSR Markets

In Singapore, local regulators have issued a license to the cryptocurrency market maker GSR Markets.

Fintech & Ecommerce

The Business Show Asia 2024

Asia’s largest business show returns in 2024, at Marina Bay Sands Expo & Convention Centre on August 28th & 29th. The Business Show Singapore aids SMEs and startups, focusing on innovation and adaptation to revive Asia’s business landscape.

Science & Technology

Genesys Acquires AI SaaS Startup Radarr

One of the leading US software companies, Genesys, has agreed to acquire Radar Technologies, which facilitates business decision-making, based on AI-driven real-time online conversation insights.

Fintech & Ecommerce

India Is Among Top Fintech Cluster Hubs Globally

The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.

Blockchain & Crypto

World ID Launches in Singapore

Worldcoin iris-scanning crypto project has expanded to Singapore, enabling people to pass their World ID verifications via the Orb custom hardware device.

News

Singapore November Core Inflation Demonstrates Subdued Demand

In Singapore, core inflation showed a dynamic of the decline in November.

Blockchain & Crypto

China and Singapore to Use E-Yuan for Tourist Spending in Cross-Border CBDC Pilot

China’s Central Bank Digital Currency (CBDC) – e-yuan – will be now used for cross-border payments between China and Singapore, facilitating tourist spending between the two countries.

News

Singapore to Suspend Non-Bank and Non-Card Channels for Remittance to China

The Monetary Authority of Singapore (MAS) has instructed companies providing money transfer services to suspend the use of non-bank and non-card channels when interacting with individuals interested in cross-border transactions to China.

Blockchain & Crypto

Singapore Tightens Crypto Regulation

The Monetary Authority of Singapore (MAS) introduces new investor protection measures for crypto service providers to discourage cryptocurrency speculation among retail customers.

Finance & Economics

Monetary Authority of Singapore Presents Initiatives for Digital Money

The Monetary Authority of Singapore (MAS) has unveiled several initiatives that have been developed to ensure the achievement of such a goal as the safe and responsible use of digital money in this country.

Science & Technology

OCBC Bank Rolls Out Internal Generative AI Chatbot

A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.

Blockchain & Crypto

Grab Launches Web3 Experiences Powered by Circle

South-East Asian super-app Grab has enhanced its services with a Web3 offering supported by the USDC issuer Circle