Singapore stories - Page 4

Debt is increasingly concerning for young adults in Singapore, with rising average loan sizes highlighting financial pressures despite a drop in applications.

Airwallex pledges 1% of its equity, valued at over USD $56 million, to enhance its support for startups and entrepreneurs through the Pledge 1% initiative.

A new study reveals that 85% of Singapore's marketers are prioritising data-driven strategies and AI integration as they prepare for 2025.

Neat is ramping up its operations in the Asia Pacific, responding to a surge in demand for hybrid work solutions, particularly in Singapore and India.

Lintasarta has inked a partnership with Singapore's 6Estates to enhance AI adoption and innovation across Indonesia, leveraging advanced GPU infrastructure.

Mastercard has unveiled enhancements to its Payment Passkey Service, introducing biometric authentication to streamline secure online transactions.

DeepL plans to enhance its AI translation platform with NVIDIA's DGX SuperPOD, aiming to strengthen its AI capabilities and lead in advanced technology by mid-2025.

Singapore's Xtend has reported a staggering 113% revenue increase in the first half of the 2024/2025 fiscal year, driven by global expansion and AI innovations.

Dynamic Standards International has announced its expansion into global markets with the SMB1001 standard to enhance cybersecurity for SMBs, starting 2025.

AvePoint has unveiled an AI Lab in Singapore, partnering with the EDB to spearhead AI research and develop solutions for global industry challenges.

Xero has awarded SG$630,000 to 28 winners of the 2024 Beautiful Business Fund, supporting small businesses across multiple countries.

Westcon-Comstor has partnered with Cloudflare to distribute security and connectivity solutions across Indonesia, Malaysia, and Singapore.

Singapore's Supermom has raised SGD $18 million in a series B funding round led by Granite Asia, aiming to enhance AI capabilities and expand internationally.

JLL has launched its innovative AI platform, JLL Falcon, aiming to transform the commercial real estate sector with cutting-edge technology and insights.

Solace has been named an 'Exemplary Provider' in ISG Software Research’s 2024 Applications Integration Buyers Guide, recognising its superior product and customer experiences.

Prudential is set to enhance medical insurance claims processing by partnering with Google Cloud to implement the MedLM model in Singapore and Malaysia.

GitHub's latest Octoverse report reveals AI's transformative impact, with Python becoming the leading programming language and a 98% rise in generative AI projects.

Keppel reported a 14% rise in recurring income for 2024 and plans to boost data centre capacity significantly from 650 megawatts to 1.2 gigawatts.

Loqate has partnered with GrabMaps to enhance location data services in Malaysia, aiming for regional expansion amid Southeast Asia's booming eCommerce.

In Singapore, 82% of business leaders fear risks from rapid AI adoption, as cybersecurity concerns rise alongside pressure to implement generative AI.