Singapore shares ended higher on Thursday, in tandem with the gains in Asian equities, supported by industrial stocks. Asian shares rose after last week's sharp losses, despite a flat session on the Wall Street overnight, underpinned by economic growth ... ( read original story ...)
DBS is first Asian bank to launch climate policy—but it’s still funding coal
Southeast Asia’s largest bank DBS last week launched a climate policy — the first bank in the region to do so. Its new policy, published on the same day that Singapore launched its year of climate action, consists of four pledges to tackle climate ... ( read original story ...)
SL to launch new export strategy to coincide with 70th Independence
Coinciding with Sri Lanka’s 70th Independence Anniversary, the government will be launching a new national export strategy this month in collaboration with the government of Singapore, following the strengthening of bilateral relations last month. ( read original story ...)
Eyes on China at Singapore aviation gathering amid industry consolidation
SINGAPORE (Reuters) - Strong airline profits and higher defense spending have boosted the outlook for aerospace firms gathering for next week’s Singapore Airshow, but after a surge of activity in 2017 the event is expected to produce few big-ticket ... ( read original story ...)
Bank lending ends flat in December
Bank lending in Singapore closed last year on a flat note, reflecting the contraction in lending in key business segments that included finance, construction and trade. Loans through the domestic banking unit - which captures lending in all currencies ... ( read original story ...)
Mobile payment adoption in Singapore is on the rise despite security concerns
Singapore's usage of mobile payments has grown by 53% since 2017. As Singapore strives to become a cashless economy, usage of mobile payments is on rise, growing by 53% since 2017 which is significantly higher than in the United States (23%) and Australia ... ( read original story ...)
Singapore’s mountain of e-waste
In the 10 minutes you take to read this article, roughly 1,141kg of electrical and electronic items would have been thrown away by people and companies across Singapore. That is the weight of around 7,610 mobile phones. In a year, this figure balloons to ... ( read original story ...)
Youtap Announces New Singapore Corporate Headquarters
SINGAPORE, Jan. 25, 2018 /PRNewswire/ Youtap, a leading mobile financial services company for contactless mobile money payments and financial services in EMEA & Asia, has relocated its corporate headquarters to Singapore. The decision to relocate their ... ( read original story ...)
Singapore: Eating her curries and kway
Hawker centres are a hallmark of eating out in Malaysia, Singapore and Hong Kong. These open-air food halls with shared seating offer a more sanitised option to alfresco dining and mobile street food shops. In the Wok ‘n’ Stroll Hawker Discovery tour ... ( read original story ...)
Mobile payment app SpherePay raises $10m for Southeast Asia expansion
SpherePay, the Singapore-based mobile payment app, has completed a fundraising round of over $10m from undisclosed investors as it looks to become one of the top three payment platforms in Southeast Asia. The company claims to serve over five million users ... ( read original story ...)
Singapore’s SpherePay app raises $10 Million in funding
The operators of SpherePay, a Singapore-based mobile payment app, have raised more than US$10 million from investors, whose names not been disclosed “due to ongoing developments”. The firm said the funding and a strategic partnership with oBike place ... ( read original story ...)
M1, ATMRI to Work on Mobile Phone Network for Drones
The 4.5 HetNet provides secure mobile connectivity that allows drones to fly out of visual range in an urban environment. “NTU Singapore is at the forefront in both autonomous vehicles as well as air traffic management research,” said NTU Singapore ... ( read original story ...)
Singapore’s SpherePay completes $10 million funding round
SpherePay, Singapore's homegrown mobile payment app, announced today that it has completed its fundraising exercise which saw the company raising over USD 10 million. It has not disclosed the name of investors due to on-going developments. With this latest ... ( read original story ...)
Singapore’s Love, Bonito raises US$13M to expand its online womenswear business in APAC
The online fashion brand has both online and retail presence in Singapore, Malaysia, Indonesia and Cambodia, in addition to shipping internationally Singapore’s home-grown digital-first womenswear label —Love, Bonito — today announced that it has ... ( read original story ...)
Singapore wants closer ties with Sabah, Sarawak
SINGAPORE: Singapore Prime Minister Lee Hsien Loong has expressed interest in developing closer relation between the island republic and East Malaysia. “A lot of business can be done between Sabah and Singapore,” he said during a courtesy call by a ... ( read original story ...)
STB unveils “Singapore is boring” video in response to Time Out survey
The Singapore Tourism Board has released a “Singapore is boring” promotional video in response to a Time Out survey that showed the Republic was second to last among exciting cities in the world. In the self-deprecating video posted on the ... ( read original story ...)