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LKY likened to a startup founder, praised by Elon Musk for his approach to immigration

Disclaimer: Unless otherwise stated, opinions expressed below belong to the author. It’s now been almost ten years since the founding father of modern, independent Singapore passed away, but his legacy is still very much alive, attracting interest and praise around the world. A few days ago, Elon Musk himself shared a post highlighting one of […]

Grab acquires S’pore restaurant reservation platform Chope

grab chope

Grab has acquired home-grown restaurant reservation platform Chope and will take over the company’s operations in Singapore, Indonesia and Thailand. In an internal e-mail seen by The Business Times on Monday (22 July), Grab’s head of deliveries, Ngiam Xin Wei, informed staff that Chope’s employees are set to join Grab’s offices in Singapore, Indonesia and […]

This isn’t Anthony Tan of Grab, this is AI-thony, and he exists for one reason

Just this morning, Anthony Tan, the co-founder and CEO of homegrown e-hailing platform Grab, shared a short video of himself on LinkedIn. In it, he’s speaking in Bahasa Indonesia and sharing one of his latest projects.  Except it’s not actually him. He looks and sounds just like him, but is in fact an artificial intelligence […]

The world’s biggest IT outage: Here’s what happened

microsoft crowdstrike IT outage

[Editorial note: This article has been edited to reflect the latest updates since reporting.] Several companies and organisations worldwide have been affected by the global IT outage this afternoon (Friday, 19 July) According to several news reports, the disruption was linked to Microsoft’s Windows and apparently came from an issue at cybersecurity software firm CrowdStrike. […]

Hyundai launches made-in-Singapore Ioniq 6 EV

Hyundai has launched its locally assembled Ioniq 6 electric vehicle (EV), the second vehicle the Korean conglomerate is producing at its Hyundai Motor Group Innovation Centre Singapore (HMGICS) facility in Jurong, which has been assembling the Ioniq 5 EV and Ioniq 5 robotaxis since early 2023. HMGICS was announced in 2020 as a multi-function facility […]

10 startups in M’sia got shortlisted for UOB’s greentech accelerator, here’s who they are

UOB’s innovation accelerator, UOB FinLab, has launched the GreenTech Accelerator 2024, enabling greentech startups to grow, transform, forge partnerships and create pilots to address sustainability challenges. Out of 350 applicants, 34 companies were shortlisted. And 10 of those companies were greentech startups in Malaysia.  The six-month regional programme aims to fast-track the development of sustainable […]

MAS backs quantum tech and AI with S$100 million grant scheme

The Monetary Authority of Singapore (MAS) has just announced that it will commit an additional S$100 million under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) to support financial institutions in building capabilities in quantum and Artificial intelligence (AI) technologies. This commitment by MAS follows Deputy Prime Minister Heng Swee Keat’s announcement in […]

Pestle & Mortar Clothing launched an Olympic-inspired collection and it’s actually good

The official Malaysian Olympic attire has recently come under fire for being backward and uninspiring compared to previous attires of the national contingent.  If you’ve been disappointed by those fits, well, here’s one collection that’ll soothe your sore eyes. Homegrown streetwear brand Pestle & Mortar Clothing (PMC) has teamed up with the Olympics Council Malaysia […]

M’sian startup behind the 1st local green vending ecosystem bags RM2mil investment

Ficus Capital (Ficus), the world’s first Islamic Environment, Social, and Governance (ESG-i) venture capital firm, announced today that they’ll be investing RM2 million into local green technology firm KLEAN. Best known for establishing Malaysia’s first Reverse Vending Machine (RVM) ecosystem, KLEAN operates an AI-powered digital container deposit system. These can be found in publicly accessible […]

S’pore Quant Finance jobs pay more than London, NYC, here’s the math!

efinancialcarrers.com recently posted a report titled “Salaries and Bonuses in Quant Finance: broken down by role, seniority & region.” On the surface, this does not make for good reading if you intend to start a quantitative finance career in Singapore, with lower salary figures for Asia, but I did my research, and it turns out […]

Shopee reigns supreme in SEA E-commerce as TikTok Shop grows fourfold to surpass Lazada

A recently released report on the e-commerce market in Southeast Asia shows that Shopee remained the biggest e-commerce platform in 2023, with 48% of the market share and US$55.1 billion gross merchandise value (GMV); the rapid growth of TikTok Shop has seen it overtake Lazada in second place! The Momentum Works report “Ecommerce in Southeast […]

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