Investment To Back Australia’s Quantum Technology Future. The Morrison Government is investing $111 million to secure Australia’s quantum future, supporting the commercialisation, adoption and use of this new technology to create jobs, support Australian business and keep Australians safe. Prime Minister Scott Morrison today released the Blueprint and Action Plan…
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Strategic Presence in Southeast Asia. GDS Holdings Limited, a leading developer and operator of high-performance data centres in China has announced that it has entered into a definitive agreement to acquire greenfield land in Nongsa Digital Park, located in Batam, Indonesia, approximately 25 kms from Singapore. GDS plans to construct…
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Paves the way for wider adoption of IMDA’s TradeTrust framework. Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), in collaboration with commercial partners DBS Bank, Emirates NBD and Standard Chartered, have successfully concluded…
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Top 10 Predictions for the Future of Trust International Data Corporation’s (IDC) top 10 predictions for the Future of Trust point to a new normal as the world continues to navigate the impact of the COVID-19 pandemic. Organizations – private sector, government, and educational institutions – have reached a digital…
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There will be full cooperation in technology. The Secretary for Innovation and Technology Xue Yongheng talks about the past period, in response to the importance of various sectors of the Hong Kong society on customs clearance, the importance of customs clearance to Hong Kong’s economy and people’s livelihood, the government has…
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Telcos will pay much less per GB than what they are spending on their own 4G network. Digital Nasional Berhad (“DNB”) has published a report by Ernst & Young Consulting Services Sdn Bhd (“EY”) on the potential future impact on Malaysia’s economy from the deployment of a single wholesale 5G1…
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Collaboration in payment infrastructure projects. The Monetary Authority of Singapore (MAS) and the Bangko Sentral ng Pilipinas (BSP) today signed an enhanced FinTech Cooperation Agreement (CA) to facilitate interoperable payments between Singapore and the Philippines. The enhanced CA builds on the earlier 2017 agreement to broaden the scope of FinTech…
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SGFinDexas spurred financial planning among participating bank customers. The Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Group (SNDGG) has launched the second phase of the Singapore Financial Data Exchange (SGFinDex). Individuals can now view information on their investment holdings at The Central Depository (CDP) as…
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Part of Singapore’s broader National AI Strategy . The National Artificial Intelligence (AI) Programme in Finance was launched by the Singapore FinTech Festival x Singapore Week of Innovation and TeChnology (SFF x SWITCH) 2021. The Programme is a joint initiative by the Monetary Authority of Singapore (MAS) and the National…
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Key cybersecurity guidance to configure 5G cloud infrastructure. The National Security Agency (NSA) and the Cybersecurity and Infrastructure Security Agency (CISA) have published cybersecurity guidance to securely build and configure cloud infrastructures in support of 5G. Security Guidance for 5G Cloud Infrastructures: Prevent and Detect Lateral Movement is the first of a…
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