Singapore’s photonics ambitions are entering their industrial test. AMF’s integration into GlobalFoundries and a new packaging agreement create routes to scale—but lasting influence will depend on reliable production, customer adoption and the expertise Singapore retains.
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Mukesh Ambani’s real power lies not only in the size of Reliance, but in how he uses its balance sheet. Profits from mature businesses can finance new industries long before public markets are ready to price them.
Macau is far more than a casino economy. Centuries of encounter between Chinese society and Portuguese institutions created a distinctive culture whose architecture, food, language and traditions still shape this small territory at the edge of southern China.
Temasek is state-owned, but it is not a ministry. Through Dilhan Pillay, Altair Media examines how Singapore combines public ownership, commercial discipline and patient capital to invest across AI, infrastructure, energy and long-term economic transitions.
Japan does not lack capital. Its challenge is making that capital move. Through Hiromi Yamaji and the Tokyo Stock Exchange, Altair Media examines how governance reform, higher interest rates and changing corporate behaviour are reshaping the way Japanese capital is allocated.
Asia does not lack capital. It has sovereign wealth, corporate balance sheets, public markets and state-backed finance. This Altair Media Asia series examines the people and institutions shaping how that capital is directed towards infrastructure, industry and the next physical economy.
