Singapore’s technology news headlines in Q3 of 2024 – July, August & September – captured technology developments in, and relevant to, the city-state including: Singapore-Korea telco’s joining to develop processing-as-a-service; the launch by Singapore’s DBS Bank of blockchain-based DBS Treasury Tokens; Singapore-Malaysia partnership on cross-border cyber-scams; and more.
GITEX Asia Tech Conference & Expo: April 2025 in Singapore
Singapore tech: September 2024
- OCBC Bank makes $500M investment in developing new innovation hub in Punggol Digital District, looking to host up to 4000 tech staff / read it here
- National University of Singapore and UK’s Plexal unveil 10 cybersecurity startups for cohort 1 of CyberBoost Catalyse programme / read it here
- Ministry of Digital Dev & Info introduced the Elections (Integrity of Online Advertising) Bill, focusing on AI-generated deepfakes. / read it here
- Download: ‘Gemini 2024 Global State of Crypto‘, a survey of 6,000 across the US, UK, France, Singapore and Turkey. / read it here
- Eartheye Space raised $1.5M pre-seed with online sat-tasking platform claiming workflow across 475 satellites / read it here
- “…44% of GenAI startups are based in Singapore, followed by Vietnam (27%), Indonesia (13%), Thailand (7%), Malaysia (6%), and the Philippines (3%)…” / read it here
- Singapore’s Brilliant Labs unveil Frame, glasses equipped with Noa, an integrated multimodal AI assistant. / read it here
- eCommerce Expo Asia and Technology for Marketing Asia are set for October 9-10 in Singapore / read it here
- Bezos Earth Fund to grant $30M to finance Bezos Centre for Sustainable Protein at the National University of Singapore / read it here
- Mark your calendar: Asia Tech x Singapore 2025 conference and expo is set for May – register your interest / read it here
- Singapore’s Singtel and Korea’s SK Telecom roll out world-first telco-provided GPU-as-a-service, looking at partnerships across Asia and Europe to grow the service / read it here
- New Indonesia-to-Singapore Nongsa-Changi undersea cable was recently announced, targeting Q4 2025 operations connecting with Nongsa Digital Park / read it here
- Japan’s SBI Holdings financial conglomerate backs Singapore’s Oasys gaming-focused blockchain firm, looking at expanded uses for blockchain tech / read it here
Video: An intro to Frame, AI-powered smart glasses delivering visual search, real-time translation, text summarization and more, from Singapore’s Brilliant Labs / watch on YouTube
Singapore: August 2024 tech news
- Protégé Ventures, SEA’s first student-led VC fund, invests Sg$25K pre-A in Equatorial Space Systems rocket propulsion & space launch firm / read it here
- National Uni and Agency for Science, Tech & Research unveil wearable sensor for continuous, non-invasive health monitoring, using hydrogel-based device / read it here
- The 15 Singaporean startups selected for the Forbes Asia 100 to Watch list, working in fintech, space technology, warehouse robotics and more / read it here
- Singapore’s Transcelestial deployed its proprietary laser-based wireless tech at Coachella and Stagecoach music festivals, delivering 5G services to T-Mobile users / read it here
- Singapore’s Equatorial Space rocket firm secured $1.5M pre-A led by Singapore’s Farquhar VC, with Australia’s Paspalis participating / read it here
- TOKEN2049 crypto conference Asia edition is set for September 18-19, looking at all things crypto, blockchain and digital assets / read it here
- Singapore’s DBS Bank and partner, China’s Ant International, roll out blockchain-based instant and multicurrency treasury and liquidity management solution, DBS Treasury Tokens / read it here
- DBS pilots programmable grant disbursements with partners to improve governance and efficiency of government payouts, building on Project Orchid digital Singapore dollar work / read it here
- Download: ‘Singapore Venture Funding Landscape 2023’, a full-year report from DealStreetAsia, Nikkei Group and EnterpriseSG (pdf link) / read it here
- Mark your calendar: SWITCH 2024 – Singapore Week of Innovation & Technology – is set for October / read it here
- The Financial Times’ Crypto & Digital Assets Summit Asia is set for December 5th, running online and in-person in Singapore / read it here
- Web In Travel Singapore 2024 Conference is set for October, looking at all things travel, from tech to demographics / read it here
- An intro to Singapore’s TransparentlyAI, using artificial intelligence to identify manipulation and fraud in accounting / read it here
- Singapore-based Antler VC closes 2nd Southeast Asia fund, raising $72M to focus on startups in Singapore, Indonesia, Vietnam and Malaysia / read it here
- An introduction to, and outline of, the National Quantum-Safe Network, looking to deploy, trial and evaluate this critical technology / read it here
- Singapore’s Singtel launches National Quantum-Safe Network Plus, NQSN+, to equip enterprises with the ability to future-proof critical networks / read it here
- Cyber Security Agency of Singapore has released the Singapore Cyber Landscape 2023, an overview of key developments in the year past / read it here
- Singapore’s Beep raises $3.3M to expand Voltality, integrated charge stations, payment services and vehicles stack, in Thailand and Malaysia / read it here
- Vietnam’s VinCSS cybersecurity firm inks MOU with Singapore’s ST Engineering Info-Security to boost cybersec solutions in aerospace / read it here
- Australia to export energy to Singapore with Au$30BN solar & battery Sun Cable project, based in remote north and featuring solar arrays, batteries and 4300km subsea cable / read it here
- Australia’s Sun Cable project, potentially to become the world’s biggest renewable energy project, mulls technology options as it works towards final commitment on $35BN project / read it here
- ‘HP has set an internal goal of making up to 70% of its notebooks outside China, and is looking at Singapore and Thailand as potential production destinations’ / read it here
Indo-Pacific Insight: Critical tech, space, risk, geopolitics, supply chains…
July 2024: Singapore’s tech news
- Singapore moves into semiconductor space with NXP and Vanguard International plans for $7.8BN factory, adding to recent GlobalFoundries and Micron investments / read it here
- ‘Generative AI and the future of work: A Singapore perspective‘ from McKinsey & Co / read it here
- Singapore Fintech Festival 2024 is set for November 6-8, running with the theme of ‘The Intersection of Policy, Finance & Technology’ / details
- Monetary Authority commits up to Sg$100M for capabilities development around quantum tech and AI in the financial sector / read it here
- Singapore state investment giant, Temasek, to invest up to $10BN in India over 3 years, seen in part as a response to underperformance on China investments / read it here
- TOKEN2049 is set for September 18-19 in Singapore, gathering entrepreneurs, institutions, industry, investors and leaders in crypto and blockchain / info
- ‘3 key takeaways from the soft launch of GenAI Fund’s ASEAN GenAI Startup Report’ via e27 / read it here
- Singapore & semiconductors: “Almost all of Micron NAND memory is made in Singapore. NAND contributed $2.1BN to Micron’s revenue last quarter, representing 30% of its revenue.” / read it here
- Vietnam: Foxconn Singapore gains licence to invest $551M in 2 manufacturing projects in smart-system equipment and products, adding to $383M PCB facility / read it here
- Malaysia and Singapore increase oversight of social media, messaging platforms and online markets in bid to curb growth in online scams and harms to minors / read it here
- ‘China’s subsea strategy and a new data center for Singapore’ from Nikkei Asia and the Financial Times / read it here
- Telkom Indonesia’s int’l arm, Telin, inks MoU with Singtel for new subsea system connecting Singapore and Indonesia, operating under newly-formed consortium / read it here
- Malaysia: Telekom Malaysia and Nxera, regional data centre arm of Singtel’s Digital InfraCo, partner for cutting-edge data centre facility in Johor / read it here
- Download: ‘Financial Scams Report – An Assessment of Scams in East Asia, in Australia, Hong Kong & Singapore’ from the Global Coalition to Fight Financial Crime / read it here
- Reserve Bank of India joins Project Nexus, collaborating with Malaysia, Philippines, Singapore, and Thailand to facilitate instantaneous cross-border retail payments / read it here
- “Project Nexus aims to connect domestic instant payment systems to improve… cross-border payments… with the central banks of India, Malaysia, Philippines, Singapore & Thailand” / read it here
Wade K Wright: GITEX Asia Tech Voice & Ambassador
Weekly newsletters
For a one-shot round-up of each week’s technology news headlines, gathered across Southeast Asia and the Indo-Pacific, you should read Asia’s Tech News, Weekly, the Startup News Asia newsletter, on LinkedIn and via Substack.
