The Infocomm Media Development Authority (IMDA) and National Research Foundation Singapore (NRF) will invest S$50 million over the next five years to develop Singapore’s digital trust capabilities.   Announced by Singapore Minister for Communications and Information Mrs Josephine Teo at the ATxAI Conference during Asia Tech x...
The Cyber Security Agency of Singapore (CSA) has released its Singapore Cyber Landscape (SCL) 2020 publication, revealing an increase in cyber threats such as ransomware and online scams in 2020. CSA’s SingCERT (Singapore Computer Emergency Response Team) handled a total of 9,080 cases in...
Business leaders representing the major retail landlords and tenants in Singapore have been appointed members of the Fair Tenancy Industry Committee (FTIC). The FTIC will take the lead and act as the custodian of the Code of Conduct (CoC) for the Leasing of Retail Premises in Singapore.Major...
The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS) and the Finance Houses Association of Singapore (FHAS), have announced an extension of the existing industry-wide support measures for individuals and Small and Medium-sized Enterprises (SMEs) in Tier 1 and 2 sectors...
The Inland Revenue Authority of Singapore (IRAS) takes a serious view of employers who attempt to abuse the Jobs Support Scheme (JSS) and Jobs Growth Incentive (JGI). For the March 2021 JSS and JGI payouts, IRAS has withheld $85 million from 2,600 employers for further checks.
The Government has enhanced its support measures for businesses and individuals during the Phase 2 (Heightened Alert) period, having taken into consideration feedback from businesses, union leaders and workers. The package of support measures will comprise enhancements to the Jobs Support Scheme (JSS)...
The Singapore Business Federation (SBF) has announced its approval of the increase in foreign worker levy rebates for the Construction, Marine Shipyard and Process (CMP) sectors announced on 8 May. This will provide much needed relief to businesses in these sectors that have been...
EDB New Ventures, the corporate venture building arm of the Singapore Economic Development Board (EDB), today announced the launch of the Corporate Venture Launchpad (CV Launchpad). The $10 million pilot programme supports large and established Singapore-based companies in building ventures in new growth areas beyond their existing...
FS-ISAC, a global cyber intelligence sharing community focused on financial services, has announced the findings of its latest report, which found that wittingly or otherwise, nation-states and cybercriminals are leveraging each other's tools and tactics, leading to an increase in cross-border attacks targeting financial services suppliers.
The Monetary Authority of Singapore (MAS) has launched a report on the foundational digital infrastructure necessary for an inclusive digital economy and seamless cross-border transactions around the world. The rapid growth of digital solutions has helped enhance the economic and social well-being of millions...