The Monetary Authority of Singapore (MAS) and the Bank for International Settlements (BIS) launched the BIS Innovation Hub Centre in Singapore in November 2019. This is the BIS’s first expansion of its global footprint in 17 years. The BIS Innovation Hub will foster innovation and greater...
The importance of small and medium businesses (SMB) to the economy is readily recognized, as is the need for them to undergo digital transformation in order to stay competitive. We reached out to Cisco’s Bidhan Roy, Head of Small Business for APJC at Cisco, to discuss how...
The Monetary Authority of Singapore (MAS) announced in November that it has led the successful development of a blockchain-based prototype that enables payments to be carried out in different currencies on the same network. This prototype network, developed by MAS in collaboration with J.P....
The Infocomm Media Development Authority (“IMDA”) and Microsoft signed a Memorandum of Intent (MOI) to accelerate the development of Singapore’s 5G ecosystem. The MOI was announced by Minister for Communications and Information, Mr S Iswaran, at the launch of Microsoft’s global-first Experience Center Asia housed at their new Asia Pacific Regional Headquarters...
The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) announced in early November the successful completion of its Business sans Borders (BSB) Phase One Proof-of-Concept (POC). MAS and IMDA will proceed with the Phase Two Pilot of the BSB in 1H 2020. BSB is...
Infobip, a global cloud communication platform company for businesses specialising in omnichannel customer engagement announced on November 5 its partnership with AmBank Group, one of Malaysia’s largest banking groups. Infobip is part of AmBank's newly launched BizM.A.T.E (Multi-partner, Actionable, Technologically Efficient Solutions) with 16 other partners, offering small-to-medium enterprise (SME) client tools...
To achieve the vision of Singapore as a global front-runner for innovation in secure and resilient 5G applications and services, the The Infocomm Media Development Authority (IMDA) has put in place several initiatives to develop the 5G ecosystem: Regulatory ...
SAP SE, an international cloud company of German origin, announced on 17 October the launch of its Singapore Data Centre for SAP Commerce Cloud for businesses across the Asia Pacific (APAC) region. This promises the ability for them to deliver superior customer experiences by adopting new digital commerce strategies. This comes as...
Venture investments in Singapore are reported to grow despite a slowing economy. Overall, a total amount of S$13.4 billion (+36%) was invested in startups across 437 deals from January to September 2019. Emerging interest in Deep tech startups Notably, Enterprise Singapore saw investments...
Senior Minister of State (Trade and Industry) Dr Koh Poh Koon unveiled Moovaz as the winner of the inaugural Trade and Connectivity Challenge (TCC) at the Singapore Logistics Forum 2019, held in October. Their winning solution seeks to address the challenge for traditional businesses to accelerate digitalization...