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...
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...
DBS launched a digital logistics solutions package for SME customers in the space in October 2019. The package will help Singapore-based SMEs in the logistics sector overcome expansion challenges and stay ahead of evolving consumer consumption patterns and emerging business trends across Asia.
Currently,
the...
My Fashion Republic Group, a Sydney headquartered online retailer of luxury products accounted on 29 October 2019 that it has signed a definitive agreement to acquire Luxify.com, an online market place for luxury goods from Hong Kong. Launched in 2013, Luxify.com, has made its name as an established...
