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...
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...
M1 Limited (M1) announced on 5 November 2019 its participation in the Start Digital initiative, launched earlier this year by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore. The Start Digital program is aimed at helping newly-incorporated SMEs and new adopters of digital solutions to get...
Doing Business 2019 is the 16th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Founded on the principle that economic activity benefits from clear and coherent rules on property rights, dispute resolution and protection of contractual partners,...
This year’s Asia Pacific Internet Policy Insights survey reveals that nearly all
consumers (96%) in APAC depend in some way on "Big Tech" companies
for their products and services for their online activities, but are uneasy
with this dependence.
The findings of the survey indicate that users
and...
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...
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) 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....
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...
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...
