Singapore

Platform Economy: Stripe US FinTech powers e-commerce

Hiring rapidly, US FinTech Stripe plots Asia expansion

US digital payments player Stripe intends to expand throughout Asia, including in Southeast Asia, Japan, China and India, after boosting its employees in the area by 40 percent to ...

Singapore

Singapore’s PM in court for defamation suit against blogger

Singapore’s PM arrived at court on Tuesday to get a case in which he’s suing a blogger for sharing an online article linking him to Malaysia’s 1MBD state fund mon...

Singtel

Singtel shares jump as company picks insider as new CEO

Shares in Singapore Telecommunications jumped by the largest amount in four weeks following Southeast Asia’s main telecoms business appointed an insider as its new Group CEO ...

Wirecard

Singapore tells Wirecard to cease services and return customer funds

Singapore’s central bank on Wednesday led embattled German obligations company Wirecard to cease providing services at the city state and reunite all clients’ funds.

Singapore

Singapore considers electric harbour boats to cut carbon emissions

Singapore is looking for proposals about the electrification of vessels called harbour craft since the business transitions towards a low-carbon near future, the Maritime and Port ...

Platform Industry: Google Energy

Google aims to run on carbon-free energy by 2030

Google intends to power its data centres and offices using only carbon-free power by 2030, its chief executive told Reuters, building on its previous aim of matching its energy use...

Platform NewS: China's ByteDance CEO and TikTok apps Founder

ByteDance to invest billions in Singapore

ByteDance, the owner of popular short-video app TikTok, is planning to invest billions of dollars and recruit hundreds of workers in Singapore within the next 3 years, a individual...

Platform Industry: ByteDance China company building

ByteDance buys UIPay to leverage e-payment capabilities at home

ByteDance, the proprietor of popular short-video app TikTok, said it has obtained a Chinese third-party payment service UIPay in an attempt to leverage its national payment capabil...

Platform News: Zoom communications logo

Zoom opens new data centre in Singapore

The use of Zoom’s video conferencing solutions has soared because enormous numbers of people throughout the planet work from home due to coronavirus curbs, but the business h...

Platform Economy: TikTok and US politics

Microsoft faces technical challenges in TikTok carveout

Microsoft’s bid to carve out parts of TikTok out of the Chinese owner ByteDance will be a technically complex endeavour that could test the patience of the Trump administrati...

Grab

Grab expands finance business with consumer loans services and wealth management

Asian ride-hailing business Grab has deepened its financial services push by announcing that it will offer consumer loans services in Singapore and roll-out wealth management produ...

Platform News: Ride-hailing app Uber Technologies

Uber Technologies halts move of its Asia headquarters to Hong Kong

Uber Technologies has halted a plan to move its Asian headquarters to Hong Kong in another business blow for the Chinese-ruled town, choosing to expand its stay at Singapore till a...

Singapore

Singapore says blockchain payments project is now ready for commercial rollout

Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities have said, noting that the next step was a c...

Singapore

Singapore operators pick Nokia and Ericsson over Huawei for 5G

Singapore’s biggest wireless network operators have selected Nokia and Ericsson over Huawei Technologies Co Ltd to build the main fifth-generation (5G) networks in the city-s...