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Coronavirus And The Digital Economy

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Acquisition of Bento enables Grab to bring retail wealth management and investment solutions to its ecosystem of users, driver-partners and merchant-partners. Bento will be rebranded as GrabInvest; products to be rolled out in South-East Asia, with Singapore as the first market. Grab Holdings Inc. (“Grab”), Southeast Asia’s leading super app, today announced the acquisition of …

Come 15 February this year, Singapore will mark 78 years since its fall to the Japanese in 1942 – the start of several tumultuous years of the Japanese Occupation of Singapore. Stories of the Fall of Singapore and the Japanese Occupation of Singapore are usually associated with prominent war sites or National Monuments, such as …

From a live music festival that champions Mother Nature to the sporting artistry of the HSBC Women’s World Championship, Singapore’s dynamic line-up of events in February will have you at the edge of your seat. Here are the concerts, festivals and celebrations that await you in the Lion City. Arts and Theatre Pangdemonium – The …

Asian countries will be leading in terms of growth in cashless payments this year, according to the projections of Capgemini Research Institute in the 2019 edition of the World Payments Report, an annual report on the status of the world’s payment ecosystems. Highlights   Asian countries are expected to grow to US$ 208.7 B in …

All Nippon Airways (ANA), Japan’s largest and 5-star airline for seven consecutive years, and Singapore Airlines (SIA), the world’s most awarded airline, today signed a joint venture framework agreement that would deepen the partnership between the two Star Alliance carriers. This joint venture, which is subject to regulatory approvals, aims to provide customers with more …

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 …