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As part of the move towards a 100% cleaner energy public bus fleet by 2040, the Land Transport Authority (LTA) will progressively deploy electric buses for passenger service from early next year. These consist of 60 electric buses procured under a tender awarded in October 2018, which will arrive in Singapore progressively from the fourth …

The Monetary Authority of Singapore (MAS) announced today that it has set up a US$2 billion green investments programme (GIP) to invest in public market investment strategies that have a strong green focus. This will help to support the Singapore financial centre in promoting environmentally sustainable projects and mitigating climate change risks in Singapore and …

The Singapore Registry of Ships (SRS) crossed the 95 million gross tonnage milestone in 2019 and maintained its position among the top registries in the world. Themed “2020 & Beyond”, the SRS Forum held by Maritime and Port Authority of Singapore (MPA) today around 200 attendees from shipping companies and other maritime entities based in …

To leverage Singapore’s global trade connectivity[1], DBS Bank and Trafigura, in collaboration with Infocomm Media Development Authority (IMDA), the International Chamber of Commerce (ICC), Enterprise Singapore and tradetech Perlin, have come together to develop an open-sourced blockchain trade platform (ICC TradeFlow platform) to connect trade partners across borders and streamline manual paper-based trade processes to …

From 16 November 2019, commuters can start paying for public transport rides with NETS Tap contactless payment, as well as link their NETS Tap to TransitLink’s SimplyGo account. Participating banks include DBS/POSB, OCBC and UOB. With NETS coming on board, commuters will now have an additional payment mode, in addition to Mastercard® and Visa. Since …

16 organisations were honoured for their efforts to transform the economy and strengthen Singapore’s digital readiness, in support of the digital economy. 10 organisations were recognised as Singapore’s most innovative at the 2019 Singapore Digital (SG:D) Techblazer Awards. The companies received their awards from the Minister for Communications and Information, Mr S Iswaran at the …

The SIA Group achieved a net profit of $206 million in the first half of the financial year, $10 million (+5.1%) higher than last year. Revenue rose $418 million, primarily from strong growth in passenger flown revenue, partially offset by a reduction in cargo flown revenue. Strong passenger traffic growth continues to support operating performance …

From Tuesday, 5 November 2019, the Land Transport Authority (LTA) will prohibit the riding of electric scooters (e-scooters) on all footpaths. Henceforth, e-scooters can only be ridden on cycling paths and Park Connector Networks (PCNs). The current policy of disallowing personal mobility devices (PMDs) on roads remains. Since the Active Mobility Act was passed in …

The power grid of today and tomorrow is fast becoming a “thinking” grid that will be able to adjust and regulate its performance, incorporate varied power infrastructure and enable multiple business models. This new grid will have to balance these capabilities with the need for security and the impact of disruption. The Roundtable G session delved into trends and challenges of …

Four Key Takeaways from the SIEW Energy Insights Sessions. Oil Demand Could Peak as Early As 2020 With growth in GDP globally at around 3.6 per cent per year, oil demand has increased and crossed the milestone of an average 100 million barrels a day. However, growth in oil demand is slowing with the shift …