China Shenzhen Smart City initiative to accelerate digital economy collaborations

Digital cross-border trade trials completed. The Ministry of Communications and Information (MCI) and Infocomm Media Development Authority (IMDA) announced four new MOUs and early achievements of Phase 1 Projects from the Singapore-China (Shenzhen) Smart City Initiative (SCI). The meeting reaffirms Singapore and Shenzhen’s commitment to develop digital connectivity and test policy…

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Resilient NZ telco market is reinventing itself post pandemic

The flat market and pandemic impacts are driving new behaviours. The International Air Transport Association (IATA) has warned of potential airport chaos unless governments move quickly to adopt digital processes to manage travel health credentials (COVID-19 testing and vaccine certificates) and other COVID-19 measures. The impacts will be severe: Pre-COVID-19,…

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MDEC teams up with MDA to catalyse digital economy ecosystem

Collaboration between MDEC and MDA to provide digital insights, webinars and trainings for anyone interested. The Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead agency in digital economy, and Malaysia Digital Association (MDA) today announced an agreement to foster collaborations through corporate innovation, mentorship, and accelerator programmes to raise awareness on…

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Touchless technology and processes keeping Perth Airport passengers safe

Perth Airport is continuing to roll out new Covid-safe initiatives and practices. Perth Airport Chief Commercial Officer Kate Holsgrove said that Perth Airport has reimagined the traveller journey from carpark to forecourt, to terminal, to security, to flight gate and implemented additional Covid safe measures to reduce touchpoints and promote…

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Malaysian companies see the need to equip their employees with digital skills

Companies shifting digital upskilling from digital productivity tools. Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency, recently concluded a Digital Talent Survey, which showed that companies are accelerating the adoption of digital technologies and are accordingly focused on reskilling and upskilling their employees in digital technologies and applications.…

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MDEC to drive digital agenda with launch of twelfth Malaysia plan

Focus on reducing the digital divide and attracting high quality digital investments. Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency, welcomes the emphasis on digital and technology for the nations development in the Twelfth Malaysia Plan (12MP) announced by YAB Prime Minister Datuk Seri Ismail Sabri Yaakob yesterday. The five-year…

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MAS and financial industry to use new digital platform to fight money laundering

New digital platform, named COSMIC. The Monetary Authority of Singapore (MAS) announced today that it will introduce a digital platform and enabling regulatory framework for financial institutions (FIs) to share with one another relevant information on customers and transactions to prevent money laundering (ML), terrorism financing (TF) and proliferation financing…

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Singapore’s PayNow and Malaysia’s DuitNow to Link in 2022

Enhanced data governance and improved access. The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) today announced plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems. The first phase of the PayNow-DuitNow linkage will be launched in the fourth quarter of 2022.…

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