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, leadership and networking opportunities for Singapore professionals,...
Cybersecurity threats from malware continue to be a significant risk for organisations large and small. The headline-grabbing, sophisticated attacks of the past couple of years have showcased companies’ vulnerability to threats, and these attacks are only becoming more common.  Singapore’s Cyber Security Agency (CSA) reported that in 2018, there were an average of 2,900...
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, “Singapore is classified as a Digital Observer...
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 co-creation of...
The Blockchain in Healthcare market is expected to reach $890.5 million by 2023, according to a study by Prescient & Strategic Intelligence Private Limited.The Asia-Pacific region (APAC) is anticipated to be the fastest growing market, with at a CAGR of over 70.0% during the forecast period. This growth is primarily attributed to stringent regulations for safeguarding...
Mega Adventure, which operates the Mega Zip flying fox in Mega Adventure Park on Sentosa, announced that it has implemented the WishTrip tourism experience management platform as part of an effort to enhance its customer experience and provide a better in-park experience to Japanese, Korean, Chinese and other visitors from Asia and beyond. Through this SaaS-based tourism experience management platform, tourist destinations...
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 collaboration among the central banking community...
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 the opening session...
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 to help businesses and consumers switch to...
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 days and involved over 140 organisations. It...