Ant also pledged to increase investments for cutting-edge tech to enhance trust and efficiency of digital commerce.

Ant Group has unveiled its new Singapore office, which will serve as home for its various international business and technology segments, including Ant International.

Ant Group has also launched Ant International Foundation (AIF), which will focus on emerging issues around environmental protection, promotion of more digital inclusion for the underserved communities and cultivation of digital leadership and talents.

Ant Group chairman and CEO Eric Jing said that the new Singapore office signifies the company’s commitment to Singapore. 

Jing added that Singapore will play an important role in Ant Group’s international development.

“Today, people everywhere are looking for new pathways to inclusive and sustainable growth. We will give our best to help realize the promise of digital technologies to bring small and beautiful changes to every small business and every community we serve,” Jing said.

The office opening and AIF launch was officiated by Lew Chuen Hong, chief executive of Infocomm Media Development Authority (IMDA), who spoke about the strong partnership between Ant Group and IMDA in areas ranging from trust technologies to digital inclusion, and the importance of jointly building strong digital ecosystems.

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Ant International also had the privilege to host its guests from both the public and private sectors, including Patrick Tay, member of Parliament for Pioneer SMC and assistant Secretary-General of National Trades Union Congress (NTUC). 

Alongside the launch, Ant International pledged to increase investment in Singapore on cutting-edge technologies to enhance trust and efficiency in digital commerce, including privacy-preserving computing and Web.3.0 innovations. 

The company is a participant in the IMDA Privacy-Enhancing Technologies sandbox and has teamed up with Singapore’s Nanyang Technological University (NTU) in privacy computing research collaboration under the ambit of Strategic Centre for Research in Privacy-Preserving Technologies & Systems (SCRIPTS), which is an initiative jointly funded by the IMDA and National Research Foundation.

Ant Group is also collaborating with IMDA to promote “Tech for Good” by encouraging more sustainable digital consumption built on carbon reduction techniques and framework.