A blockchain trial which tested shipping from China to Singapore has been deemed a success by its operating partners, carrier Pacific International Lines (PIL), terminal operator PSA International (PSA) and the Singaporean branch of the technology giant IBM. ( read original story ...)
UPDATE 1-Singapore Jan factory output surges past expectations
SINGAPORE, Feb 26 (Reuters) - Singapore’s industrial production jumped much more than expected in January helped by a surge in biomedical manufacturing and electronics output, data showed on Monday. Manufacturing output rose 17.9 percent in January from ... ( read original story ...)
Singapore set to tax e-books, web TV shows and other digital services from 2020
Singapore Defence Minister Dr Ng Eng Hen conferred France’s highest award A broad swathe of e-services ranging from downloadable digital content such as mobile applications, e-books and movies, to subscription-based media including news, magazines ... ( read original story ...)
Progress with digital technology worries Singapore businesses
Companies in Singapore have caught up in technology but 48 percent of them says Action is the most important factor in achieving their digital strategy. Wong Heng Chew, Country President, Fujitsu Singapore said while tech is not the only influencing factor ... ( read original story ...)
Singapore to tax digital services from 2020
DURING the Singapore 2018 budget speech on Monday, it was announced that a goods and services tax (GST) will be imposed on imported digital services including movie and music streaming services and mobile applications. The tax on imported services will be ... ( read original story ...)
India ranks last amongst 77 countries with 4G LTE networks
India is on 11th position when it comes to 4G LTE availability across the world. The country that leads the table in terms of 4G speeds is Singapore, with an average LTE speed of 46.64Mbps. (Representative Image:Pexels) “How fast is the Internet?” ( read original story ...)
Report: Global LTE speeds still stationary, but coverage improves
Well established networks in South Korea, Japan, Singapore, and a selection of European countries continue to lead the way with the fastest data speeds and the most comprehensive coverage. Growing markets in earlier stages of 4G LTE adoption are still ... ( read original story ...)
NTU inaugurates fourth president; to launch institute studying impact of technology on society
SINGAPORE - A new institute will be set up to study the impact of technology on society in the Nanyang Technological University (NTU). The NTU Institute of Science and Technology for Humanity, to be set up "in the next few months", will focus on the impact ... ( read original story ...)
Singapore will tax digital services from 2020
including overseas suppliers and electronic marketplace operations such as mobile application stores, will need to be registered with the Inland Revenue Authority of Singapore (Iras). This registration of overseas vendors will apply to those whose annual ... ( read original story ...)
Deezer pens deal with Singtel to provide data-free music streaming in Singapore
“Singtel Music has been offering its customers a wide array of music in the past two years,” said Diana Chen, VP for mobile marketing, consumer Singapore, at Singtel. “Through this latest partnership with Deezer, we’re making music streaming even ... ( read original story ...)
ASEAN Small And Medium Enterprises To Invest More In Technology To Boost Business Performance
Small and medium enterprises (SMEs) in Singapore and the ASEAN region see the need to invest more in technology in order to succeed under increasingly challenging conditions. These are the findings of the ASEAN SME Transformation Study by United Overseas ... ( read original story ...)
What smart-nation Singapore can learn from other smart cities
For the country’s youthful population, smart technology is native — they are practically born with a mobile phone in their hand. But what about Singapore and its aging population? Can an elderly population engage in the same way with smart technologies ... ( read original story ...)
Singapore’s Government Blockchain Experiment Is A Road to Regulatory Understanding
This approach by South Africa is different to Singapore, but there is clearly a correlation in attitude between the two companies as both Mohanty, and now Gamaroff has confirmed the regulators are open and positive towards Blockchain technology ... ( read original story ...)
Singapore-based fintech start-up Texcent receives Remittance License from Monetary Authority Singapore (MAS)
The company has future plans to connect its remittance network with its Hybrid Mobile Wallet 'Paycent'. Paycent is a global mobile dual E-wallet that can be funded by digital and fiat currencies within the same mobile application. Paycent has partnered ... ( read original story ...)
Singapore Budget 2018: GST to apply to digital services from 2020
In other words, offerings from companies not based in Singapore currently, which are not affected by the tax now. The change also means that GST could be applied to a wide variety of software and services, such as mobile app downloads from Google Play ... ( read original story ...)
SINGAPORE BUDGET: UPDATE: Fin Min Flags Tax Increases To Meet Health, Infrastructure Needs
SINGAPORE (Feb 19) -- Singapore raised the stamp duty on residential ... and extending the GST to imported digital services such as movie and music streaming services and mobile apps come 2020. The carbon tax, which applies to all facilities producing ... ( read original story ...)