Market Watch - Singapore

Singapore Plans S$300 Million to Spur Innovation in Digital Push

Singapore will allocate a further S$300 million ($222 million) to spur research in digital innovation as the government transforms the economy through technology. The amount, almost double the current budget, is part of the next phase of the National Research Foundation’s five-year plan ending 2020, Minister for Communications and Information S. Iswaran said during a… Continue reading Singapore Plans S$300 Million to Spur Innovation in Digital Push

Market Watch - Singapore

Union Bancaire PB obtains wholesale bank license in Singapore

The new license will allow UBP Singapore to offer Singapore dollar services, including deposits and loans, within the prescribed regulatory guidelines for wholesale banks, and provide a wider set of investment solutions to domestic clients in Singapore. Guy de Picciotto, CEO of UBP, said, "We welcome the approval from the MAS for the upgrade of… Continue reading Union Bancaire PB obtains wholesale bank license in Singapore

Market Watch - Singapore

Singapore’s farming revival: ‘Tech is the only way to go’

SINGAPORE — Singapore’s agriculture sector is no longer what it once was. But far from being a sunset industry facing obsolescence, the sector is actually in the midst of a rejuvenation, fuelled by cutting-edge science and technology, and given fresh relevance by the urgent need to boost food security amid rapid climate change. - Today… Continue reading Singapore’s farming revival: ‘Tech is the only way to go’

Market Watch - Singapore

Singtel engineers make first overseas 5G video call

The first overseas 5G video call has been made between Singapore and Australia, putting the two countries one step closer to a future of smart appliances and driverless cars. Using test equipment from Chinese cellphone maker Oppo, Singtel engineers in Singapore successfully conducted a three-minute 5G video call with engineers at Optus, a Singtel subsidiary… Continue reading Singtel engineers make first overseas 5G video call