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Posted on 30/05/2024

Singapore to invest $300 mil into quantum technology, to add 300MW in data centre capacity

Singapore will invest close to $300 million to pursue quantum technology, as part of its National Quantum Strategy which was launched on the first day of the ATxSummit on May 30 by Deputy Prime ...

Posted on 30/05/2024

Shipping delays, higher freight rates: Ports in Asia, including Singapore, see heavy congestion

Port operator PSA Singapore is working closely with shipping lines to mitigate disruptions, and communicating with vessels on their arrival times and volume information in advance.

Posted on 30/05/2024

Singapore jails man for attempted rape, ‘brazen’ molestation of stepdaughter at home

Both the offender and his victim cannot be named due to a Singapore court order to protect the victim’s identity. The man’s sentence was backdated to his date of arrest on May 18 last year. Court documents showed that the man had been in a romantic ...

Posted on 30/05/2024

Singapore to invest $222 mln to boost quantum computing capability

Tech firms such as Microsoft, Alphabet's Google and IBM as well as nation-states across the world are racing to create machines that can take advantage of quantum mechanics and potentially be capable ...

Posted on 30/05/2024

Singapore to invest nearly S$300 million in quantum tech research and talent

SINGAPORE will invest close to S$300 million over the next five years to boost quantum technology research and talent – including efforts to build processors for quantum computers locally. Read more ...

Posted on 30/05/2024

Fast-fashion behemoth Shein is preparing for an IPO. Here’s an inside look at the challenges it could face.

Fast-fashion phenomenon Shein is expected to go public this year in a hotly-anticipated listing.

Posted on 30/05/2024

BNPL to account for 2% of total spending in Singapore by 2027, unchanged from 2023: Worldpay

BUY now, pay later” (BNPL) will remain as one of the payment methods in Singapore, together with digital wallets and credit and debit cards, according to Worldpay’s 2024 Global Payments Report. Read ...

Posted on 30/05/2024

Investigators’ early findings reveal what happened in Singapore Airlines turbulence disaster

That is according to preliminary findings from the Transport Safety Investigation Bureau of Singapore. Flight SQ321 from London to Singapore had 211 passengers, including 56 Australians, and 18 crew on board last week when the nightmare unfolded over the ...

Posted on 30/05/2024

Sands plots entertainment-focused expansion in Singapore

LAS Vegas Sands plans another development in Singapore to complement its casino resort there, including more space for live entertainment. Read more at The Business Times.

Posted on 30/05/2024

Singapore Prepares Ahead to Leverage Artificial Intelligence for a Better Future

at Asia Tech x Singapore (ATxSG) 2024 today. The Blueprint will enable SMEs to harness technology, optimise the way they work, and strengthen digital resilience and cybersecurity across the ecosystem.

Posted on 30/05/2024

Woman in SG, 75, opened bank account on boyfriend’s behalf, received RM900,000 from suspicious sources

An elderly woman who met her “online boyfriend” on WhatsApp opened a bank account on his behalf which was later used to receive nearly S$260,000 (RM904,636) from suspicious sources.

Posted on 30/05/2024

Rising Singapore-Johor activity rekindle property prospects in Malaysia’s southern tip

KUALA LUMPUR] Johor Bahru is back on the radar of property investors, in anticipation of a surge in prices and rental demand, as new catalysts emerge from the ratcheting up of business activity ... ( read original story ...)

Posted on 30/05/2024

Citi Private Bank sees opportunities in Singapore, region in 2024

Citi Private Bank has completed most of its job cuts and is optimistic about 2024 as it gains new clients in Singapore and the region, and grows its core assets under management by double-digits.

Posted on 30/05/2024

BNPL to account for 2% of total spending in S’pore by 2027, unchanged from 2023: Worldpay

Singapore consumers spent $3.4 billion online and in store using BNPL services. Read more at straitstimes.com.

Posted on 30/05/2024

Flexible work arrangements can temper Singapore’s workaholism

FWAs are coming at an inflection point in labour relations, when burnout and exhaustion have plagued S'pore. Read more at straitstimes.com.

Posted on 30/05/2024

Necessity driving innovation: Fostering Singapore’s fintech ecosystem

SINGAPORE has emerged as a leading hub for innovation, particularly in the fintech sector. According to the Global Innovation Index 2023 by Insead, World Intellectual Property Organisation, and ...

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