Singapore PMI down 0.4 point to 52.7 in February

The reading was pulled down by the weaker electronics manufacturing sector. The February reading of the Singapore Purchasing Managers' Index (PMI) slipped 0.4 point to a slower expansion at 52.7. According to the Singapore Institute of Purchasing and ... ( read original story ...)

Mobile Payments May Be Key to Singapore’s Savings Plans

We know that mobile payments can be a very convenient way of buying the things we want and need, with other points like safety and the like coming along for the ride. However, we don’t often consider the savings advantages that mobile payments can ... ( read original story ...)

New competitors threaten outlook for Singapore telecom firms

Zero1 has already started accepting pre-registration for a mobile plan with unlimited data usage, 200 minutes of talk time and 200 free SMS messages that will cost as little as 19 Singapore dollars ($14.40) a month. Although the cost is comparable to the ... ( read original story ...)

Singapore’s State Of Ecommerce

Even for mobile conversion rates, it’s 10% lower than the average for SEA countries This is not a trend seen only in Singapore but all around South East Asia. According to KPMG insights on online purchase behaviour, 57% of consumers still prefer to use ... ( read original story ...)

Alibaba sets up AI research centre in Singapore

Chinese e-commerce giant Alibaba on Wednesday opened an artificial intelligence research institute in Singapore in partnership with a local university, as the battle to develop AI technology heats up. The institute, a tie-up with Nanyang Technological ... ( read original story ...)

Singapore, Indian state to collaborate on fintech intiatives

Singapore has inked am agreement with India's Government of Maharashtra (GoM) to jointly participate in fintech projects such as blockchain and mobile payments, and will include the establishment of a fintech marketplace. Cashless cannot be the face for ... ( read original story ...)

Singapore Tourism Board inks strategic partnership with Paytm

PUNE: Singapore Tourism Board (STB) recently announced its strategic partnership with India’s mobile-first financial services platform Paytm. This makes STB the first National Tourism Organisation (NTO) to partner with Paytm. As a part of this ... ( read original story ...)

Singapore wants comms blackout at terror attack sites

Singapore is one of the world's most wired countries, with high ownership of mobile devices and fast internet speeds. The ministry cited live media broadcasts of security operations during the Mumbai terror attacks in 2008 and a 2015 attack on a kosher ... ( read original story ...)