Razer Fintech, the financial technology arm of Razer Inc, a lifestyle brand for gamers, announced that it has submitted its application for the Digital Full Bank License to be issued by the Monetary Authority of Singapore (“MAS”). Should Razer Fintech and its consortium be...
Enterprise Singapore and the Singapore Business Federation (SBF) encourage partnerships between German and Singapore companies as they are important co-innovation and technology partners for local enterprises to enhance their value proposition. There are good collaboration opportunities in Germany for Singapore startups and SMEs in the areas...
Dell Technologies, the Infocomm Media Development Authority (“IMDA”), Salesforce and ST Engineering announced a one-year collaboration earlier this year to launch Singapore’s first MentorConnect program - a cross-company mentorship program dedicated to diversity and inclusion in the workplace. It aims to provide mentoring,...
According to Cisco’s APAC SMB Digital Maturity Index 2019, Singapore is ranked the highest in the digital maturity of its SMBs, positioning the country ahead of Japan, South Korea, ANZ and Greater China. However, reminds Bidhan Roy, Head of Small Business for APJC at Cisco,...
The Smart Nation and Digital Government Office (SNDGO) and National Trades Union Congress (NTUC) signed a Memorandum of Understanding (MOU) on 30 November to formalize their collaborations that will equip workers with knowledge and skills for the digital economy. They also aim to engage Singaporeans in the...
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...
Singapore outlined plans in November to establish itself as a global hub for developing, test-bedding, deploying, and scaling AI solutions, as part of its National Artificial Intelligence (AI) Strategy. This was announced by Dr Vivian Balakrishnan, Minister-in-charge of the Smart Nation Initiative and Minister for Foreign Affairs, Republic of Singapore, at...
United Overseas Bank (UOB) announced on 26 November its collaboration with three homegrown solar companies, SolarGy, SolarPVExchange and Sunseap Group, to accelerate the use of solar energy in Singapore. The tie-up is part of the Bank’s U-Solar program which connects the entire solar power value chain...
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) jointly conducted a cyber-themed business continuity exercise in November 2019 to strengthen the financial sector’s resilience to cyber-attacks and operational disruptions. Codenamed Exercise Raffles, the sixth edition of the exercise was conducted over two...
Singapore and the Republic of Korea signed a Memorandum of Understanding (MOU) in November 2019 to enhance cooperation and information sharing on cybersecurity. The MOU was signed by Mr David Koh, Chief Executive, Cyber Security Agency of Singapore (CSA) and Mr Kim Seok-hwan, President, Korea Internet and Security Agency...