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The Maritime and Port Authority of Singapore (MPA) has won the 2019 Innovation Excellence Award, affirming its innovation capabilities to drive transformation in the maritime sector. It is also testament to the robust partnerships MPA has forged with the port operators, industry associations, companies, research institutes such as the Singapore Maritime Institute, institutes of higher …

DBS Bank announced last 02 October 2019 that it has retained the title of “Safest Bank in Asia” for the 11th consecutive year, awarded by New York-based trade publication Global Finance. DBS remains the fourth-safest commercial bank in the world, and 14th safest on Global Finance’s list of the World’s 50 Safest Banks. Joseph D. …

Globally, the energy sector is evolving, driven by technological advances and climate change. Distributed energy resources (DERs) such as solar and energy storage systems today complement traditional power plants which generate electricity centrally. Electricity produced from these energy resources at end users’ premises can be coordinated intelligently like a “single utility-scale power station”. Such a …

More than 100 Little India merchants, across retail, F&B and services, have adopted digital solutions to improve their competiveness in the Digital Economy. The solutions were introduced as part of Little India’s precinct transformation journey launched in February by Minister for Communications and Information Mr S. Iswaran. The project, led by SME [email protected] India, Singapore …

The Land Transport Authority (LTA) will introduce a mandatory inspection requirement for registered e-scooters with effect from April 2020, to ensure that these devices comply with the device criteria1 for use on public paths. Registered e-scooters will be called up every two years for inspections to ensure their continued compliance. These are part of a series …

Singapore attains the highest rank in the AI Readiness Index 2019 report. Here is the list of  the top 20 cities. The AI Readiness Index was created by the Oliver Wyman Forum to serve as a metric of the capability of a city to thrive and adapt once the age of AI comes. How the …

SGInnovate announced last 01 October 2019 its partnership with ST Engineering and Tegasus International, to launch the “Cybersecurity Professional Series” that seek to enhance the cybersecurity expertise of some 2,500 professionals in Singapore. Comprising two tracks, the courses will include Operational Technology (OT) courses that address existing gaps in cybersecurity training for Critical Information Infrastructure1 …

The World Bank recently released Doing Business 2019, a flagship report which compares business regulation among domestic firms across 190 economies. The following are the 10 best and worst economies when it comes to ease of doing business. Top 10 Economies 1 New Zealand 2 Singapore 3 Denmark 4 Hong Kong 5 South Korea 6 …

As part of its efforts to promote a caring and gracious commuting culture, the Land Transport Authority (LTA) has launched a pilot for a new initiative aimed at helping those with invisible medical conditions to get a seat more easily on trains and buses. Starting October 2019, public transport commuters with invisible medical conditions that …

Singapore and the Eurasian Economic Union (EAEU) signed three agreements in Yerevan, Armenia. These agreements will catalyse greater business links between Singapore and the EAEU and create diverse opportunities for trade and investment beyond Singapore’s traditional markets. Singapore signed the EAEU-Singapore Free Trade Agreement (EAEUSFTA) Framework Agreement and the non-Services and Investment Agreement with the …