Singapore’s Infocomm Media Development Authority (IMDA) is collaborating with Microsoft to address climate-related issues and improve sustainability outcomes for digital technologies. This partnership will look to accelerate the global and local development of software applications and solutions to help industries do more with less.
Singapore moved up two notches in the 2023 Global Innovation Index (GII) to 5th in the world and regained its top spot in Asia after coming behind South Korea in the last two years. The GII is published by the World Intellectual Property Organization...
Since 2013, the SME Centre @ North West under North West Community Development Council (CDC) has engaged SMEs through various platforms, from mass networking sessions and capability building workshops to more personalized one-to-one consultations. These provide guidance for SMEs to develop in Singapore and abroad.
ST Engineering and the National University of Singapore (NUS) have joined forces to develop network encryption solutions that provide superior security by leveraging quantum cryptography technology. The collaboration is supported under the National Research Foundation’s (NRF) Quantum Engineering Programme (QEP). Current...
The Ministry of Law intends to introduce a Re-Align Framework to help businesses that have been significantly impacted by COVID-19 renegotiate selected types of contracts with their counterparties to realign with current economic conditions and business objectives. This framework is provided for in the...
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 Singapore Institute of Technology (SIT), Enterprise Singapore (Enterprise SG) and JTC jointly launched FoodPlant, Singapore’s first shared facility for small-batch food production that is licensed by the Singapore Food Agency (SFA). A key FoodInnovate initiative, FoodPlant provides affordable access to a wide range...
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI). This will enable customers of participating financial institutions in Singapore and India to send and receive funds between bank accounts or...
SGTech has launched the ‘Generative AI for the Tech Workforce’ as a dedicated resource aimed at driving digital transformation for businesses. This resource guide will aid businesses such as SMEs, to leverage the use of Generative Artificial Intelligence or GenAI solutions and the corresponding training needs for...
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...