Government

Minister for Trade and Industry Chan Chun Sing, New Zealand’s Minister for Trade and Export Growth David Parker and Chile’s Vice Minister for Trade Rodrigo Yanez jointly announced the substantial conclusion of the negotiations for the Digital Economy Partnership Agreement (DEPA) in Singapore on 21 January 2020....

The Singapore Business Federation (SBF) welcomed the Singapore Exchange Regulation’s (SGX RegCo) announcement in January 2020 to apply quarterly reporting requirements only for companies associated with higher risks while strengthening continuous disclosure requirements on all listed companies. This is in line with one of the recommendations...

Cloud Comrade, an enterprise-focused, Singapore-based cloud computing consultancy company and Google Cloud have joined forces to help ICT SMEs in Singapore take advantage of opportunities in a Services 4.0 era via GoCloud with Cloud Comrade, an Infocomm Media Development Authority (IMDA) initiative. The GoCloud initiative by IMDA...

Beyond consortium has launched a bid for a digital full bank license from MAS, with a focus on SMEs. The consortium comprises V3 Group, EZ-Link, property developer Far East Organization and Temasek-subsidiary Heliconia Capital Management. Other notable members include the Singapore Business Federation (SBF) and Mitsui Sumitomo...

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...