Technology
Making The Quantum Leap In Computing
When you flip a coin, you’re used to thinking about the outcome in terms of heads or tails. But have a chat over coffee with a quantum physicist and you’ll probably come away convinced that a third scenario is possible—that heads and tails can occur at the same time; it happens while the coin is …
Payment Services Act Comes Into Force
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 …
KPMG Proposes Budget 2020 To Propel Singapore As Transformation Capital Of Asia
Ahead of the delivery of Singapore’s 2020 Budget Statement, KPMG has put forward its perspectives and proposals for Singapore to make bold strides towards becoming the Transformation Capital of Asia. The three key areas of focus are: leveraging digital transformation, promoting sustainable business models and providing greater support for enterprises to accelerate their transformation journey. …
Innovating With AI: 5 Steps To Soar
Like the double helix of DNA, innovation and economic productivity are complementary and inextricably linked. Crucial technological developments such as the steam engine and the internet preceded the Industrial Revolutions of the past, and the same might be said of the Fourth Industrial Revolution that is unravelling in the present. Fundamentally, innovation brings new tools …
Students Design New Bank Branch Concept In A Collaboration Between UOB And Singapore Polytechnic
United Overseas Bank (UOB) announced it has launched [email protected], a new branch concept designed and managed by Singapore Polytechnic (SP) students. [email protected] is the result of an ongoing collaboration between UOB and SP to provide students with the opportunity to gain vital work experience and to build a strong foundation for their careers. The first …
PUB Seeks To Boost Rainfall Forecasting Capabilities With Radar Technology
National water agency PUB has developed a rainfall monitoring and prediction system capable of providing early heavy rainfall warnings, enhancing its response time to potential flash floods that may occur across Singapore. The system merges the rainfall monitoring capability of X-band radars – which are typically used for localised weather monitoring, as well as …
Singapore And World Economic Forum Driving AI Adoption And Innovation
Fifteen global companies have taken up Singapore’s AI Model Governance Framework; Practical examples for organisations to follow suit. Singapore sees Artificial Intelligence (“AI”) as an important and fundamental technology for the Digital Economy, with AI-powered products offering a level of personalised service at scale that was previously unimaginable. In the global discourse on AI ethics …
DBS Launches Industry-first Solution To Transform B2B Payments And Collections Landscape In Singapore
Paying suppliers and vendors with cash could soon be a thing of the past for Singapore’s 28,000 coffee shops, hawker centres and restaurants. DBS has launched an industry-first solution to transform the largely cash and paper-based B2B payments and collections landscape for businesses in Singapore. DBS’ QR-code based solution is powered by DBS RAPID and …
ST Engineering Partners SUTD To Advance Continuous Learning In Design Thinking
As part of its ongoing efforts to advance continuous learning, ST Engineering signed a memorandum of understanding with the Singapore University of Technology and Design (SUTD) last January 13 for the co-development of courses and programmes to build workforce competencies in human-centric design and innovation. The fully-sponsored courses and programmes will equip employees with design …
Punggol To Be A Full-Fledged Smart Town
Punggol will integrate residential districts, a business park, a university campus, community facilities, and a network of parks and waterbodies, transforming the way we live, work, learn, and play. Bringing together residents, businesses and students, Punggol is slated to become a thriving, tech-enabled, sustainable town showcasing our Smart Nation ambitions. Senior Minister and Coordinating Minister …