COVID-19
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, …
Joint Release By EDB, ESG, MPA And MOH: Measures Taken To Safeguard Health And Safety of Shore-Based Personnel In Maritime Sector
The Ministry of Health (MOH) had earlier reported that a marine surveyor and a harbour pilot had tested positive for COVID-19 infection on 30 and 31 December 2020 respectively. Contact tracing is underway to prevent the clusters from spreading. The agencies are also investigating if there had been any breach of COVID-19 safe management measures. …
COVID-19 Vaccines: How Pfizer’s And Moderna’s 95% Effective mRNA Shots Work
The COVID-19 pandemic has driven a massive allocation of resources towards producing solutions, from identifying life-saving medications, tracking how the virus spreads and ultimately to preventing infection with vaccines. A volunteer gets an injection of Moderna’s possible COVID-19 vaccine on July 27, 2020. Moderna announced Nov. 16 that its vaccine is proving highly effective in …
New Blockchain For Trade & Connectivity Network Will Assure Reliable Supply Chains And Strengthen Trust In Singapore As A Global Trading Hub
COVID-19 has accelerated the need for Singapore to generate new digital relationships with the world. As data, financial and trade flows increasingly become digitalised, there is a corresponding need for secure and trustworthy waysto transact.The Singapore University of Social Sciences (SUSS), has worked with Enterprise Singapore(ESG) to launch the Blockchain for Trade & Connectivity (BTC) …
Tools To Help The Travel Industry’s Recovery
Down the road from our Asia Pacific headquarters, one of the world’s most connected travel hubs—Singapore Changi Airport—is unusually quiet. It’s been this way for months, with global air passenger numbers falling by almost 90 per cent in 2020. This has been a devastating year for the tourism industry and the $9 trillion global travel …
DBS Disburses Record SGD 9 Million To Help Social Enterprises Tide Through Pandemic
With businesses hard hit by Covid-19, DBS has stepped up its support for social enterprises (SEs) with SGD 9 million in loans and grants this year. This is the bank’s largest collective disbursement of loans and grants within a year to SEs since the inception of DBS Foundation – DBS’ foundation arm which was set …
Creating A Factory “Smart” Enough to Operate in the Dark
Meet Singapore’s Tech Transformers, small and medium enterprises (SMEs) that have adopted innovation, embraced new technologies and digitalisation to meet the challenges of a disrupted business environment. Behind their transformation is a partnership with A*STAR, involving training and the adoption of technologies to achieve their digital goals. Here, learn more about the evolution of Fong’s …
New Insurance Coverage For Inbound Travellers To Cover COVID-19 Related Costs In Singapore
Changi Airport Group (CAG) and the Singapore Tourism Board (STB), on behalf of the Emerging Stronger Taskforce Alliance for Action (EST-AfA) on Enabling Safe and Innovative Visitor Experiences[1], announced that foreign visitors will now be able to buy inbound travel insurance coverage for Covid-19 related costs incurred in Singapore. Inbound insurance coverage has been identified …
DBS Rolls Out Branch Transformation To Boost Convenience And Accessibility For Customers
DBS announced it is scaling up the transformation of its branches across Singapore as customers seek quicker, socially-distanced, and more personalised branch banking services, and shift their banking to digital platforms amid Covid-19. In response to these shifts, the bank will boost self-service options, while still providing face-to-face assistance. This means that customers can more …
New “Sign With SingPass” Service Provides Greater Convenience In Documentation Signing
From 5 November 2020, SingPass users can use the new “Sign with SingPass” feature to electronically sign contracts, agreements and other legal documentation. This new feature will be progressively rolled out by the Government Technology Agency’s wholly owned subsidiary, Assurity Trusted Solutions Pte Ltd (ATS), in collaboration with eight leading digital signing application providers, i.e. …