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Posted on 07/05/2024

MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services

THE Monetary Authority of Singapore (MAS) said on Tuesday (May 7) that it was “following up” with DBS over the root cause of a disruption to the bank’s digital services on May 2. Read more at The ...

Posted on 07/05/2024

Singapore-Based Data Center Operator Gets Green Load to Fund its $1.5 Billion Project

Princeton Digital Group has obtained a green loan of $280 million to help finance a data center it’s building in the southern region of Malaysia with $1.5 ...

Posted on 07/05/2024

UAE-Founded DAMAC Properties Announces Aggressive APAC Expansion Plan with Latest Office Openings in Singapore and Beijing

UAE-founded real estate developer with global aspirations, DAMAC Properties, has announced brand-new office openings in Beijing and Singapore. With its sights firmly set on global expansion, the ...

Posted on 07/05/2024

Amazon to spend S$12 billion to expand cloud infrastructure in Singapore

SINGAPORE: Amazon plans to invest an additional S$12 billion (US$8.88 billion) in Singapore over the next four years to expand its cloud computing infrastructure in the country.  This is to ...

Posted on 07/05/2024

Thai Drinks Firm Plans Singapore IPO for Coconut Water Exporter

Thai drinks maker General Beverage Co. is planning a Singapore initial public offering for a unit that distributes its brands including IF coconut water overseas, according to people familiar with the matter.

Posted on 07/05/2024

Rider from Singapore claims fuel from JB kiosk contaminated with water, causing bike’s breakdown

Shortly after refuelling his Singapore-registered motorbike at a petrol station in Johor Bahru, Malaysia, a man found himself stranded when the vehicle suddenly stopped running and could not be restarted.

Posted on 07/05/2024

Amazon’s AWS to double down on Singapore with additional $9 billion cloud investment

Amazon Web Services on Tuesday said it will pump another $9 billion into Singapore over the next five years to grow its cloud infrastructure and services in the country. "Starting with our investment ...

Posted on 07/05/2024

Amazon to spend nearly $9 bln to expand cloud infra in Singapore

Amazon.com plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in Singapore, Amazon Web Services (AWS) said on Tuesday.

Posted on 07/05/2024

Amazon commits US$9 billion investment in Singapore to expand its cloud computing infrastructure

The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services in the city state.

Posted on 07/05/2024

Amazon to Invest $9 Billion More in Singapore Cloud Infrastructure

The tech giant’s clouding-computing arm said the investment will be rolled out over the next four years in Singapore to meet growing demand for cloud technology and services.

Posted on 07/05/2024

Singapore stocks kicked off on Tuesday—STI up by 0.2%

SINGAPORE: Singapore stocks ... were gaining than losing in the broader market, with 55 gainers for every 36 losers, after 21 million securities valued at S$37.6 million changed hands. The most traded ...

Posted on 07/05/2024

Amazon’s AWS to invest nearly $9 billion in Singapore to grow cloud infrastructure

This comes after AWS pumped over SG$11 billion through 2023 into Singapore's cloud infrastructure and ecosystem.

Posted on 07/05/2024

OCBC remains stable amidst strong credit fundamentals: Moody’s

OCBC will remain stable at least until next year amidst projected strong credit fundamentals in 2024-2025, according to Moody’s.

Posted on 07/05/2024

Waterbomb Singapore 2024: Festival Dates, Line-Up, Tickets And More

Making its debut splash in Singapore this year is the iconic water music festival WATERBOMB. Originating from South Korea, the city-state will hold WATERBOMB SINGAPORE 2024 on 24 and 25 August 2024.

Posted on 07/05/2024

Crypto winter hits Crypto.com’s Irish entity as revenues plunge 80%

An Irish subsidiary of Singapore-based crypto asset exchange Crypto.com reported a nearly 80 per cent drop in revenues for 2022 amid a collapse in trading volumes and asset prices following a number ...

Posted on 07/05/2024

Amazon says will invest $9 billion in Singapore

Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city. Microsoft pledged US$2.2 billion in artificial ...

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