Canadian AI firm Cohere has set up a Defence AI Accelerator in Singapore to help defence and other sovereign customers move AI projects from pilots into secure operational use.
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MAS Sets Aside S$30 Million To Help Insurers Build Infrastructure Investment Capabilities
MAS has launched a S$30 million grant and proposed lower capital charges for qualifying infrastructure and securitisation investments, as it seeks to channel more long-term insurance capital into these assets.
UOB Q3 Net Profit Of S$1.25 Billion Misses Forecasts Despite Record Fees
UOB’s third-quarter net profit came in at S$1.25 billion, below analyst estimates, as record fee income was offset by weaker trading gains and a narrower net interest margin.
Maybank Offers Ringgit Current Accounts To Eligible Singapore Companies
Maybank has extended its Malaysia Ringgit Current Account to eligible Singapore-based firms, letting them hold and convert ringgit ahead of Malaysia-related payments.
Aspire Launches AI-Powered AspireBooks Accounting Platform For Singapore Businesses
Business finance platform Aspire has moved beyond payments with AspireBooks, an AI-driven bookkeeping and reconciliation service priced at S$39 a month in Singapore.
Singapore Caps Loans For Individually Owned Private Hire Cars At 60% To 70%
Individuals buying private hire cars in Singapore now face the same borrowing limits as regular car buyers, after the exemption for individually owned vehicles was removed from 30 October.
Safran Picks Singapore For First International Safran.AI Subsidiary Under EDB Pact
Safran’s AI unit will set up its first overseas subsidiary in Singapore, with an AI Centre of Excellence initially focused on automating digital inspection, after the group signed an MoU with the Economic Development Board.
Singapore Payments Network Names Derek Chan As First CEO, MAS’s Jacqueline Loh To Chair Board
The Singapore Payments Network, set up by MAS and the Association of Banks in Singapore to govern the national payment schemes, has appointed its inaugural CEO and an 11-member board ahead of starting operations in early 2027.
Keppel Third-Quarter Net Profit Grows Close To 15%; Asset Monetisation Tops Full-Year Target
Keppel said net profit for The New Keppel grew close to 15% year on year in 3Q 2026, while announced asset monetisation of about $3.7 billion so far this year has already exceeded its full-year target.
DBS, Maybank And IFC Sign Financing Framework For $6 Billion Johor Solar Corridor Linked To Singapore
DBS, Maybank and the IFC have signed a bankability and financing framework for the Southern Johor Renewable Energy Corridor, a $6 billion solar and battery storage project.