Chinese e-commerce giant Alibaba Group Holding Ltd. has bought a 50% stake in a Singapore office tower in a deal valuing the property at S$1.68 billion ($1.2 billion). ( read original story ...)
IBM pulls in Singapore industry partners to trial 5G use cases for manufacturing
IBM will work with M1, Samsung, and Singapore's Infocomm Media Development Authority to showcase 5G use cases for the manufacturing sector, focusing on the use of artificial intelligence for image ... ( read original story ...)
Singapore is not yet halfway through its coronavirus outbreak, says minister
Migrant workers living dormitories have accounted for around 87.6% of Singapore's total 19,410 confirmed cases as of Tuesday, according to the health ministry. ( read original story ...)
Women Use VR To Beat Sexual Harassment After Singapore #MeToo Scandal
The VR technology is part of the Girl, Talk project which is aimed at helping women fight back against harassment in Singapore. "I would think that I would respond in a more confrontational way," Lee ... ( read original story ...)
IBM, IMDA, M1 AND Samsung to Collaborate on Singapore’s First 5G Industry 4.0 Trial
M1 Limited (M1) and Samsung today announced Singapore's first 5G Industry 4.0 trial, to demonstrate the transformative impact of 5G for enterprises and drive the next bound of Singapore's digital ... ( read original story ...)
Singapore aims for sustainable measures in ‘long fight’ against the coronavirus: Minister
Singapore needs sustainable measures in its "prolonged battle" against the coronavirus, so that the country can ease out of its "circuit breaker" period to resume normal activities safely, says ... ( read original story ...)
Singapore bank UOB’s first-quarter profit falls to two-year low, raises impairment charges
Singapore's United Overseas Bank reported a smaller-than-expected 19% drop in first-quarter net profit on Wednesday, but it increased impairment charges to reflect worsening economic conditions due to ... ( read original story ...)
Singapore’s United Overseas Bank Q1 net profit falls 19%
Singapore's United Overseas Bank UOBH.SI reported a smaller-than-expected 19% drop in first-quarter net profit, but it increased impairment charges in ... ( read original story ...)
Markit Singapore Whole Economy PMI Falls to Record Low of 28.1
Bloomberg’s Stephen Engle reports on the PMI data for Hong Kong and Singapore. He speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) ... ( read original story ...)
Singapore sees rising number of cases, majority in foreign workers
Singapore reported 573 new coronavirus cases Monday, of which 560 were foreign workers living in dormitories, its health ministry said. Only eight cases were found in foreign workers living elsewhere. ( read original story ...)
Parliament: New Bill raises maximum fines for errant real estate agencies and property agents, further empowers CEA
Errant real estate agencies and property agents will face higher maximum fines of $200,000 and $100,000 per case respectively for breaching industry guidelines under a Bill passed in Parliament on ... ( read original story ...)
Singapore: A likely sharp contraction – Standard Chartered
Economists at Standard Chartered Bank downgrade the 2020 GDP growth forecast for Singapore to -9.6% from -3.1% previously. USD/SGD is trading at 1.4141. Key quotes “We downgrade ... ( read original story ...)
OCBC share price: 3 key considerations ahead of Q1 earnings
When will OCBC’s Q1 2020 financial results be released? Singapore bank Oversea-Chinese Banking Corp (OCBC) is set to announce its first quarter 2020 earnings for the three months ended 31 March 2020, ... ( read original story ...)
UOB launches UOB My Digital Space education programme for disadvantaged children across the region
United Overseas Bank (UOB) today launched UOB My Digital Space, a multi-year education programme to bridge the digital gap for children from disadvantaged backgrounds across the region and to connect ... ( read original story ...)
AI Hub Singapore creates first AI computer vision application that allows businesses to monitor social distancing with a mobile phone
To allow more businesses and people to monitor social distancing easily, AI Hub Singapore has created an AI application that turns a ubiquitous device - a mobile phone - into a social distance ... ( read original story ...)
Singapore-based logistics firm Ninja Van raises $279 mln
E-commerce delivery firm Ninja Van said it raised $279 million in funding from investors including Facebook co-founder Eduardo Saverin's B Capital and ride-hailing firm Grab as the COVID-19 pandemic ... ( read original story ...)