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March 2024: Singapore

Singapore tech news headlines in March of 2024 drew on items and subjects including:

  • Singaporean semiconductor manufacturing in Italy;
  • $700K for Singaporean fungi-based proteins;
  • Singapore’s financial preparations for the quantum crime era;
  • Collaboration on startup ‘soft landings’ between Singapore and Taiwan.

Hit the headline links below to read each item in full.

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Singapore National AI Strategy

Singapore National AI Strategy 2.0 (NAIS)

  • Singapore: 70/30 Food Tech closes $700K seed extension round, launching R&D lab in India’s Bangalore for fungi mycelium-based protein products / read it here
  • Singapore’s Silicon Box semiconductors firm to invest $3.5BN in Italy to build a chip fabrication facility in the country’s north / read it here
  • Singapore: SynPhNe lands $5M Series A with wearable tech for treatment of neurological disorders including ageing challenges – memory and functional decline – chronic stress and pain / read it here
  • Singapore: Japan’s Toppan breaks ground on Singapore semiconductor packaging materials plant, targeting production of chip substrates by year-end 2026 / read it here
  • Singapore: Infocomm Media Development Authority partners STABILITY Protocol blockchain for IMDA’s TradeTrust, aiming for trusted interoperability of electronic trade documents across digital platforms / read it here
Cisco 2024 cybersecurity readiness

2024 Cisco Cybersecurity Readiness Index

  • Monetary Authority of Singapore has advised financial institutions to prep for post-quantum cryptography and quantum key distribution tech / read it here
  • India’s Tech Mahindra IT services major partners IBM for ‘Synergy Lounge’ in Singapore, looking to boost enterprise-level adoption of next-gen tech services AI, automation, cloud computing and beyond / read it here
  • Singapore: ANEXT Bank secures $148M in new funding from parent Ant Group with focus on cross-border digital banking and transactions for SMEs / read it here
  • Singapore: StealthMole AI-backed cybersec firm raised US$7M Series A, aiming to build on business-to-gov’t base wth enterprize-level investigation, risk assessment and threat monitoring / read it here
  • Singapore: Pyxis maritime tech startup unveils first of all-electric port passenger vessel, X Tron / read it here
  • Monetary Authority of Singapore extends ban on remittances to China in light of lack of action by PRC authorities to freeze channels / read it here
  • A brief overview of the opportunities for Australia, Singapore and Malaysia to collaborate on addressing the various cyber issues that each nation faces / read it here
  • Startup Island TAIWAN and Singapore’s Action Community for Entrepreneurship ink MOU to facilitate ‘soft landing’ support for startups in both countries / read it here
Critical technology global news March 2024

Critical technologies, globally: News in March 2024

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Asia tech quarterly - First quarter 2024

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