Sea Ltd will offer the cloud platform behind Garena, Shopee and Monee to businesses as Sea Cloud, Forrest Li told staff, adding that Monee could go public.
Keppel DC REIT Nine-Month DPU Rises 11.7% To 8.571 Cents On Acquisitions And Rent Gains
Keppel DC REIT’s distributable income rose 16.7% to about S$228 million for the nine months to September, with DPU up 11.7% despite a larger unit base.
MAS To Back SIAS In Producing IPO Guides For Retail Investors
MAS will support SIAS in developing free IPO Guides that distil key information from offer documents, while listing reviews are set to move under SGX RegCo from January 2027.
Keppel, Sembcorp And Tuas Power Picked For Singapore’s 300MW Biomethane Import Sandbox
EDB has appointed the three power generators as biomethane aggregators under a 15-year sandbox, with first supplies expected by the end of 2028.
Red Hat Opens APAC AI Centre Of Excellence In Singapore, Teams Up With DSTA
Backed by EDB, Red Hat’s new Singapore centre aims to help organisations move AI from experiments into production, and will co-develop AI and cloud-native solutions with DSTA.
Singapore Rolls Out S$143 Million Fund To Cut Industrial Carbon Emissions
EDB and AEDO’s Industry Decarbonisation Funding Initiative sets aside up to S$100 million for company-led research, with the government co-funding up to 75% of qualifying project costs.
Bank Negara Malaysia And Bank Of Thailand Join MAS-Led BLOOM Digital Money Initiative
MAS said Malaysia’s and Thailand’s central banks have joined BLOOM as policymaker members, with Ripple, Visa, Mastercard, Maybank and the World Bank Group among new participants.
Singapore Launches First National Embodied AI Challenge With S$88,000 Prize Pool
The National Robotics Program, A*STAR, PINE Lab@NTU and Micron have launched the Singapore Embodied AI Challenge for Manufacturing, with a semiconductor task and finals at RoboSG! 2027.
SGX CEO Loh Boon Chye Calls For Succession Planning As Contract Nears 2027 End
Singapore Exchange chief executive Loh Boon Chye told shareholders at the bourse operator’s AGM that planning should start for a future CEO transition. His contract runs until mid-July 2027.
NWC Recommends 6% To 8% Pay Rises For Lower-Wage Workers, Highest Since 2021
The National Wages Council has recommended built-in wage increases of 6% to 8% for workers earning up to S$2,800 a month, with a new minimum of S$120 even for unprofitable firms.