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Asia Tech News, December 2024
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Singapore: December 2024

Singapore’s technology snapshot for December: Singapore ranked as one of the most crypto-friendly locations; developments in Singapore’s quantum computing space; new subsea cables under consideration for Singapore; and more.

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Geopolitics of technology

European Parliament: The Geopolitics of Technology

  • Singapore: University-developed AQSolotl startup launches to commercialize quantum technologies that facilitate communications between traditional and quantum systems / full item
  • Singapore and Hong Kong ranked as the most blockchain-friendly regions based on patents, jobs, and crypto exchanges in an ApeX Protocol study / full item
  • Singaore: Nanyang Technological University unveils 3D concrete printing method that captures and stores carbon dioxide, cutting the carbon footprint of cement / full item

‘Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.’ / full item

  • Singapore asset manager, Keppel, and Vietnam’s Sovico conglomerate are discussing plans for new SEA undersea cables, tho agreement has not yet been reached / full item
  • Singapore: Eureka Robotics raises $10.5M Series A with Controller and Camera products, enabling integration of AI-driven applications in factories and warehouses / full item
  • Singapore-based CryptoCom exchange partners Deutsche Bank, gaining corporate banking services in Singapore, Australia and Hong Kong, and in future growth / full item

“…disruption from cybersecurity incidents extends to the private sector where… in Singapore, 3 out of 5 companies polled had paid ransom during cyberattacks in 2023.” / full item

  • Singapore-based Grab superapp platform selects Amazon Web Services as its cloud services provider, seeing overall benefits in performance, scalability, and new technologies / full item
  • Malaysia’s Solarvest partners Singapore’s Vista Contracting & Investment for rooftop and utility-scale solar projects in Malaysia, Brunei, Taiwan, and Cambodia / full item
  • Thailand Post partners Singapore’s bolttech insurance-tech to enable customers to purchase coverage via QR codes on post office receipts or in person at any PO branch / full item
  • ICYMI: United Kingdom becomes the first European nation to join the Indo-Pacific’s Comprehensive and Progressive Agreement for Trans-Pacific Partnership trade bloc / full item
Critical technologies in December 2024

Critical technologies in the news, globally, in December 2024

Critical technologies: December
  • Australia’s Country Liberal Party in the NT and Indonesia ink first-of-its-kind MOU on critical minerals development between an Australian jurisdiction and Indonesia…
  • Bolivia inks $1BN deal with China’s CBC, a CATL subsidiary, to build 2 lithium carbonate production plants, with separate Citic Guoan Group contract under negotiation…
  • China: Zuchongzhi3 quantum computer claims milestones including surpassing Google Sycamore processing benchmarks and equivalence to elements of Google’s Willow processing…

Full report: Critical tech in December >

Digital News Report

Reuters Institute Digital News Report 2024

Asia’s Tech News, Weekly in December

● From December 15th 2024 to January 4th 2025
on LinkedIn and via Substack

● To December 14th on LinkedIn and via Substack

● To December 7th on LinkedIn and via Substack

Indo-Pacific Insight newsletter

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