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Coronavirus And The Digital Economy

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NTUC FairPrice (FairPrice) shares Singaporeans’ concerns over the Wuhan coronavirus situation in Singapore, which has resulted in a surge in demand for face masks. From the onset of the situation, FairPrice has proactively stocked its shelves with face masks to meet customer demand. The co-operative sourced widely, including from government stockpile, to ensure face masks …

The Ministry of Health (MOH) announced additional measures to limit the risk that travellers from Hubei pose to Singapore. These measures have been fully implemented. On 30 January, the Director-General of the World Health Organization (WHO) declared China’s novel coronavirus (2019-nCoV) outbreak a public health emergency of international concern (PHEIC).  This declaration sets the stage …

Sunseap Group Pte Ltd (Sunseap), Singapore’s leading renewable energy solutions provider, has secured a total of S$50 million from ABC World Asia, an Asia-focused impact investing private equity fund, and Temasek, a global investment company headquartered in Singapore. The investment will be used for solar projects in Singapore and other parts of Asia. With solar …

The Monetary Authority of Singapore (MAS) announced the commencement of the Payment Services Act (PS Act). The new PS Act will enhance the regulatory framework for payment services in Singapore, strengthen consumer protection and promote confidence in the use of e-payments. The PS Act adopts an activity-based licensing framework in recognition of the different kinds …

AMTD Group, the largest independent investment bank and a fast growing conglomerate in Asia, together with leading internet company Xiaomi Corporation’s subsidiary – Xiaomi Finance, Singapore Management University (SMU) and the Institute of Systems Science (ISS) at the National University of Singapore (NUS) have signed a Memorandum of Understanding (MOU) to establish a long-term partnership …

Surbana Jurong, one of the largest infrastructure and urban design consultancies based in Asia, has become the first company in Singapore to be awarded the new ISO 19650 accreditation for the digitisation of design and engineering data for buildings and civil engineering works, including building information modelling (BIM). Surbana Jurong is also the first consultancy …

Chinese New Year in Singapore is vibrant and filled with festivities. There are so many events going on at the same time that some of us might still not have plans. To narrow things down, here are some of the destinations we recommend that you add to your checklist for this celebration, presented in a …

In line with its constant pursuit of innovation, the 48th edition of Chingay Parade will present a 108-metre flying dragon that will be the annual event’s largest and is also touted by the makers to be the world’s longest. The impressive display will add to a strong line-up of exciting and energetic performances at one …

The Transparency International (TI) Corruption Perceptions Index (CPI) 2019 has ranked Singapore the 4th least corrupt country in the world out of 180 countries with a score of 85, a high score from the preceding TI-CPI 2018 which Singapore has successfully maintained. Singapore is again the only Asian country ranked in the top 10. The …

Temperature screening will be implemented at Woodlands and Tuas Checkpoints from 24 January 2020, 12 noon onwards. This is in response to the novel coronavirus pneumonia development in Wuhan and exported cases to other cities and countries, coupled with the anticipated increase in travel volume in the lead up to the Lunar New Year holiday …