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Coronavirus And The Digital Economy

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Phoenix Residential Pte Ltd and Phoenix Commercial Pte Ltd (“the Borrowers”), both 70:30 joint ventures between Allgreen Properties Ltd and Kerry Properties Ltd, have secured a S$861.75 million green loan from DBS Bank, Maybank and OCBC Bank to finance a mixed-use development project in Pasir Ris in Singapore. This is the maiden green loan for …

The Monetary Authority of Singapore (MAS) and Banque de France (BdF) today announced the successful completion of a wholesale cross-border payment and settlement experiment using central bank digital currency (CBDC). The experiment, supported by J.P. Morgan’s Onyx, simulated cross-border transactions involving multiple CBDCs (m-CBDC) on a common network between Singapore and France. This is the …

 CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott) has launched discoverasr.com, unifying its separate brand websites1 on one single global online travel booking platform. discoverasr.com provides guests with one-stop access to Ascott’s more than 400 serviced apartments, coliving spaces and hotels with a total of about 77,000 units, across more than 130 cities in over 30 countries. This includes …

Assistant Professor Charles Lim (back) and Dr Zhang Gong (front) with their team’s first-of-its-kind quantum power limiter device. Quantum key distribution (QKD) is a method for secure communication that uses quantum mechanics to encrypt information. While the security of QKD is unbreakable in principle, if it is incorrectly implemented, vital information could still be stolen …

The National Environment Agency (NEA) launches the new Youth for Environmental Sustainability (YES) Programme today. This initiative aims to support youth interest in environmental sustainability throughout the year, in partnership with key community stakeholders. The YES Programme traces its roots to NEA’s annual Youth for the Environment Day (YED). From a traditional single-day event celebrating …

By generating data-driven insights on employee engagement, SD:D Spark analytics company EngageRocket is helping businesses bring out the best in their people.   While the blurring of work-life boundaries due to COVID-19 is a cause for concern, remote work also brought increased flexibility and access to more career opportunities. According to Microsoft’s global 2021 Work Trends …

In one week, the Singapore International Ferrous Week (SIFW) will feature a strong line-up of international speakers to discuss, debate and seek solutions on a broad range of topics relating to the global ferrous ecosystem, including the challenges ahead for commodities in a post-COVID world and the decarbonisation of the steel value chain from the mining of …

Vertical greenery ‘planted’ on the exterior of buildings may help to buffer people against stress, a study by a team of NTU Singapore psychologists has found. Using VR headsets, 111 participants were asked to walk down a virtual street for five minutes. Participants were randomly assigned to either a street that featured rows of planted greenery (e.g., …

Singapore may rank high in its pace of Covid-19 vaccination, but segments of the nation’s older adults (aged 71-75) were still reluctant to vaccinate because they were sceptical of either the efficacy or the safety of COVID-19 vaccines. A study conducted by SMU’s Centre for Research on Successful Ageing (ROSA) from February to June 2021 also revealed …

The Infocomm Media Development Authority (IMDA) and Informa Tech today announced the latest line up of luminary profiles headlining the upcoming Asia Tech x Singapore, held from 13 to 16 July 2021. The ATxSummit, held on 13 July, is the apex event of the inaugural ATxSG. Set to be opened by Guest-of-Honour Singapore Deputy Prime Minister and Coordinating …