Technology
Singapore Accelerates 5G Adoption And Commercialisation With New $30m Fund
The Infocomm Media Development Authority (“IMDA”) today announced a new $30 million fund to accelerate the adoption and commercialisation of 5G solutions. The fund is part of IMDA’s 5G Innovation Programme to create a vibrant 5G ecosystem that offers exciting opportunities and benefits to individuals, workers and businesses. Building on earlier efforts to trial 5G …
MAS Enhances Guidelines To Combat Heightened Cyber Risks
The Monetary Authority of Singapore (MAS) issued revised Technology Risk Management Guidelines (578.7 KB) (Guidelines) to keep pace with emerging technologies and shifts in the cyber threat landscape. The revised Guidelines focus on addressing technology and cyber risks in an environment of growing use by financial institutions (FIs) of cloud technologies, application programming interfaces, and rapid …
ST Engineering Appointed MRO Licensee For Honeywell Components In LEAP-Series Engines
ST Engineering announced that it has entered into a 10-year agreement with Honeywell Aerospace that will see the Group appointed as the only licensed MRO service provider based in Asia Pacific for Honeywell components installed on the LEAP-series engines. Under the agreement, ST Engineering is appointed to provide component MRO and warranty repair services to …
Singtel Launches UNBOXED Lite 5G Experience Zones On Orchard Road
Singtel has given its iconic payphone booths at Tong Building on Orchard Road a new lease of life with 5G connectivity. Named UNBOXED Lite, the payphone booths have been transformed into next-generation multimedia kiosks, providing round-the-clock access to a wide range of Singtel services and complimentary 5G-powered WiFi. UNBOXED Lite will give all consumers a …
COVID-19 Game Changer: UOB Survey Shows 70 Per Cent Of Consumers Increased Digital Payment Usage In Singapore
Digital payments have received an unambiguous boost in Singapore, prompted largely by changes to shopping behaviour during the pandemic, according to the results of the UOB ASEAN Consumer Sentiment Study2. Seven in 10 consumers here said that since the onset of the COVID-19 virus, they have increased their use of digital or cashless payment methods, …
World’s Leading Scientists And Technologists To Gather At The Global Young Scientists Summit 2021
The National Research Foundation Singapore (NRF) will host the ninth edition of the Global Young Scientists Summit (GYSS), which will see the gathering of the world’s foremost scientists and technologists engage and inspire aspiring young scientists. Held virtually from 12 to 15 January 2021, the eminent scientists will also discuss the latest advances in research …
NTU Singapore Graduate Students To Provide Free Telehealth Monitoring Service For The Community
Nine graduate students from Nanyang Technological University, Singapore (NTU, Singapore) have started an initiative to carry out a free health monitoring exercise for 1,000 people. Known as the Community Telehealth Service (CTS), it aims to provide free health monitoring at public venues such as community centres to Singaporeans above 50 years of age, as well as …
Veritas Initiative Addresses Implementation Challenges In The Responsible Use Of Artificial Intelligence And Data Analytics
The Monetary Authority of Singapore (MAS) announced the successful conclusion of the first phase of the Veritas initiative which saw the development of the fairness assessment methodology in credit risk scoring and customer marketing. Veritas, which is a part of Singapore’s National AI Strategy, aims to provide financial institutions with a verifiable way to incorporate …
Novel Film That Keeps Us Dry And Cool
A team of researchers from NUS has created a novel film that is very effective in evaporating sweat from our skin to keep us cool and comfortable when we exercise, and the moisture harvested from human sweat can be used to power wearable electronic devices such as watches, fitness trackers, and more. Sweating is a …
IMDA Seeks Industry’s Views On The Draft Code Of Practice For Competition In The Provision Of Telecommunication And Media Services
The Infocomm Media Development Authority (“IMDA”) launched a second public consultation to seek views on the draft Code of Practice for Competition in the Provision of Telecommunication and Media Services (“Code”) (“Second Public Consultation”). The Code aims to promote fair and efficient competition, enhance consumer protection and improve regulatory clarity to encourage licensees to develop …