Criteo, an international commerce marketing company, released on 5 November seasonal data which showed that Singles’ Day is still Singapore’s biggest shopping festival. Originating in China during the 1990s as celebration for single people, it has grown into a mainstream event and one of the most popular shopping days.
On 4 November 2019, OCBC announced that start-ups can now open an OCBC business banking account in Singapore immediately after incorporation, rather than experiencing the typical one day wait. This is made possible through an Application Programming Interface (API) between OCBC Bank and global information services provider, Experian. Once a business...
Infobip, a global cloud communication platform company for businesses specialising in omnichannel customer engagement announced on November 5 its partnership with AmBank Group, one of Malaysia’s largest banking groups. Infobip is part of AmBank's newly launched BizM.A.T.E (Multi-partner, Actionable, Technologically Efficient Solutions) with 16 other partners, offering small-to-medium enterprise (SME) client tools...
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...
To achieve the vision of Singapore as a global front-runner for innovation in secure and resilient 5G applications and services, the The Infocomm Media Development Authority (IMDA) has put in place several initiatives to develop the 5G ecosystem: Regulatory ...
SAP SE, an international cloud company of German origin, announced on 17 October the launch of its Singapore Data Centre for SAP Commerce Cloud for businesses across the Asia Pacific (APAC) region. This promises the ability for them to deliver superior customer experiences by adopting new digital commerce strategies. This comes as...
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...
DBS launched a digital logistics solutions package for SME customers in the space in October 2019. The package will help Singapore-based SMEs in the logistics sector overcome expansion challenges and stay ahead of evolving consumer consumption patterns and emerging business trends across Asia. Currently, the...
HSBC announced in October 2019 its successful execution of the first live pilot blockchain Letter-of-Credit (LC) transaction in Malaysia. The transaction involved the import of resin by Malaysia’s Simply Packaging Sdn Bhd (Simply Packaging) from a Singaporean company, both active players in the packaging and chemicals industry respectively....
Delta Electronics International (Singapore) and JTC Corporation (JTC), signed an MOU on 24 October 2019 for collaboration as strategic partners to drive adoption of Industry 4.0 technology. Delta, a provider of power and thermal management solutions, will set up an I4.0 Solutions and Training Center to support JTC customers, upskill SME partners...