
Singapore Tonight - Sun 6 Jul 2025
Singapore Tonight
From business to politics, health to technology, we bring you up-to-date with the latest news on Singapore and analyze how these events may affect you tomorrow.

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CNA
3 hours ago
- CNA
JPMorgan expands tech team with Guggenheim veteran, memo says
NEW YORK :JPMorgan Chase is hiring Guggenheim Securities executive Mike Amez, as the country's biggest bank continues to expand its technology investment banking team and to provide specific expertise to medium-sized companies, according to a staff memo. Amez will join as Head of Mid-Cap Technology Services in September and be based in Chicago, Global Co-Heads of Technology Investment Banking Chris Grose and Greg Mendelson wrote in the memo which was seen by Reuters. At Guggenheim, Amez was a senior managing director in the technology investment banking group, specializing in supporting IT services, cybersecurity services and hyperscale cloud infrastructure clients. During his career, Amez "bolstered his expertise in navigating the intricate and rapidly evolving technology sector, while cultivating lasting relationships with clients," Grose and Mendelson wrote. The hire was announced less than six weeks after the bank said it was bringing on four executives from rivals Goldman Sachs, Bank of America and Lazard to work with the technology team in the investment bank on the West Coast. JPMorgan is already a powerful player in tech banking, according to Dealogic data, and is working to deepen its sub-sector expertise, industry analysts said. Recently it landed major deals in the tech sector, including advising Global Payments on its $24.25 billion acquisition of payment processor Worldpay. It also advised Turn/River on its $4.4 billion take-private deal of IT management software maker SolarWinds, as well as DoorDash on its $3.9 billion acquisition of the restaurant delivery platform Deliveroo. It additionally helped CoreWeave with its $23 billion stock debut in March.


CNA
6 hours ago
- CNA
New Singtel headquarters to have 20,000sqm of retail and lifestyle space
Singtel's new Comcentre headquarters is expected to add 20,000 square metres of lifestyle and retail space to the Orchard Road precinct. Set to be completed in 2028, the building will include eateries, the biggest urban park in Singapore and even a pet-friendly space.


CNA
6 hours ago
- CNA
More firms to unlock potential of privacy-enhancing technology: IMDA
More companies will get the help they need to protect sensitive data. The Infocomm Media Development Authority (IMDA) is committing to cover up to 50 per cent of the cost for adopting new privacy-enhancing technologies. The tech allows businesses - big and small - to work together and share information securely without exposing private details. Nine firms have used IMDA's sandbox to innovate securely so far. Denise Wong, Deputy Commissioner, Personal Data Protection Commission, talks about what the average Singaporean should know about data protection. She also discusses how is Singapore shaping its approach to emerging technology, especially generative AI.