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Amazon unveils new Singapore office as AWS Asia Pacific HubAmerican multinational technology company Amazon has continued to expand its presence in Singapore with a new corporate office at IOI Central Boulevard. The firm said in a statement on Wednesday that the new Amazon Web Services (AWS) Asia Pacific Hub is designed to optimize agile working, learning, and collaboration as AWS continues to grow its business, operations, and investments in...0 Comments 0 Shares 7K Views 0 Reviews
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Ample Transfers receives IPA from MAS to expand regulated payment services in SingaporeAmple Transfers, a Singapore-based provider of remittance and money-changing services, has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to expand its scope of regulated payment services. The firm said in a statement on Monday that the approval, part of a license variation application, allows the firm to work towards offering four additional regulated...0 Comments 0 Shares 4K Views 0 Reviews
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Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – reportJack Ma-backed Ant Group Co’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, Bloomberg reported on Thursday, quoting people familiar with the matter. Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the...0 Comments 0 Shares 2K Views 0 Reviews
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Arctic Wolf expands into Singapore to meet rising demand for AI-powered security operationsArctic Wolf, the United Kingdom-based security operations firm, has announced its official launch in Singapore, marking the latest milestone in its ongoing expansion across the Asia-Pacific region. The firm said in a statement on last Thursday that with the launch, organizations in Singapore can now access the company’s full suite of capabilities including Endpoint Security, Managed...0 Comments 0 Shares 2K Views 0 Reviews
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Aura Private Equity leads $28.5M investment into Singapore’s Global Incentive SolutionsAura Private Equity has on Thursday announced a AU$28.5 million ($18 million) investment into Singapore-based Global Incentive Solutions, the parent company of Giftaway, a business with capabilities in digital rewards and incentives in the Philippines. Aura Private Equity said in a statement that this investment, made in collaboration with its co-investors, will fuel Giftaway’s growth as...0 Comments 0 Shares 8K Views 0 Reviews
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Brookfield acquires three high-tech business parks in first Singapore investmentBrookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state. Brookfield said in a statement that the assets will be acquired from Mapletree Industrial Trust, a Singapore-listed real...0 Comments 0 Shares 3K Views 0 Reviews
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China’s XTransfer receives license to provide payment services in SingaporeXTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country. XTransfer said in a statement on Friday that this significant milestone strengthens the firm’s leading position in the B2B cross-border payments industry....0 Comments 0 Shares 7K Views 0 Reviews
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ClavystBio and A*STAR partner to grow MedTech ventures in SingaporeClavystBio, a life sciences investor and venture builder established by Temasek, and the Agency for Science, Technology and Research (A*STAR), Singapore’s lead public sector research and development (R&D) agency, have signed a memorandum of understanding (MoU) to create and grow MedTech ventures in Singapore. ClavystBio said in a statement on Tuesday that this partnership will...0 Comments 0 Shares 2K Views 0 Reviews
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Coastal Sustainability Alliance launches Singapore’s largest electric supply boatThe Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday launched its first fully electric supply boat (e-supply boat) from shipyard to water and keel lay of its first fully electric tug at PaxOcean Batam. The alliance said in a statement that the launch underscores CSA’s commitment to accelerating maritime...0 Comments 0 Shares 7K Views 0 Reviews
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Crypto.com partners with Sony Electronics for direct crypto payment in SingaporeSingapore-based cryptocurrency exchange company Crypto.com and electronic equipment firm Sony Electronics (Singapore) Pte. Ltd. (SES) have on Wednesday announced the acceptance of USDC, a U.S. dollar-pegged stablecoin, exclusively on Sony Store Online in a move to make direct crypto payment accessible to SES’ consumers. The duo said in a statement that the integration of cryptocurrency...0 Comments 0 Shares 7K Views 0 Reviews
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Cyber risk is business risk: Five tips for business leaders in Singapore to considerIn today’s turbulent business and geopolitical landscape, executives in Asia Pacific are juggling growth, efficiency, and resilience while navigating shifting trade policies and economic uncertainty. These pressures are driving up costs, complicating global supply chains, and limiting market access. Yet, amid this high-stakes environment, one critical element is too often overlooked:...0 Comments 0 Shares 6K Views 0 Reviews
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Grab gets license to operate taxis in SingaporeSoutheast Asia’s superapp Grab has obtained the Land Transport Authority (LTA) license to operate taxis in Singapore. LTA said in a statement on Wednesday that it has awarded a street-hail service operator license (SSOL) to GrabCab Pte Ltd (GrabCab), a subsidiary of Grab Rentals Pte Ltd, and sister company of GrabCar Pte Ltd, which holds a ride-hail service operator license (RSOL) and a...0 Comments 0 Shares 5K Views 0 Reviews
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UMC unveils new fab expansion in SingaporeUnited Microelectronics Corporation (UMC), a global semiconductor foundry, has officially unveiled its new fab facility in Singapore in a grand opening ceremony. The firm said in a statement on Tuesday that the first phase of the new facility will start volume production in 2026, bringing UMC’s total production capacity in Singapore to more than 1 million wafers annually. It will also...0 Comments 0 Shares 5K Views 0 Reviews
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