HSBC and ING execute successful blockchain transaction

The transaction involved a bulk shipment of soybeans from Argentina, through Cargill’s Geneva trading arm to Malaysia, through Cargill’s Singapore subsidiary as the purchaser. HSBC issued a letter of credit to ING using Corda. The two banks ... ( read original story ...)

U.S. Dairy Export Council Tries To Bolster Sales in Singapore

The U.S. Dairy Export Council (USDEC) is trying to bolster dairy innovation and sales in Singapore, and from there, the rest of southeast Asia. In late May, USDEC signed a memorandum of understanding with the Food and Innovation and Research Centre (FIRC ... ( read original story ...)

How Formula 1 technology could improve public transport

McLaren Applied Technologies is working on integrating Formula 1 technology into Singapore's subway cars, the company's chief operating officer said Tuesday. The research firm is also focused on personalized care in the health sector, she said. McLaren ... ( read original story ...)

Singapore launches maritime tech start-up platform

Singapore took another step to boost the development of maritime technology start-ups with the launch of PIER71 by senior minister of state for transport and health Lam Pin Min. The launch event also incorporated the signing of four Memoranda of ... ( read original story ...)

New AI ethics council in Singapore will give smart advice

The Singapore government recognises the power of AI -- it's good enough to defeat us at a game of Go -- and it also knows the technology has to be used responsibly. STR/AFP/Getty Images Singapore is taking the lead on one of the topics companies like ... ( read original story ...)

Online grocers struggle to make a mark in Singapore

Roger E. Egan III, RedMart co-founder and CEO, responded through an interview with Singapore Business Review, “The penetration rate of online grocery shopping in Singapore is growing. Whilst we cannot comment on the accuracy of the report, what we can ... ( read original story ...)

Singapore to restrict airspace during Trump-Kim summit

Singapore airspace will be restricted during the planned U.S.-N.Korea summit next week, according to a notice to airmen posted by aviation authorities on Wednesday, which is likely to result in delays at one of Asia’s busiest airports. The Southeast ... ( read original story ...)