Singapore and the UK push digital initiatives

Sign three MOUs in the areas of digital trade facilitation, digital identities and cyber security. Singapore and the United Kingdom (UK) are pleased to announce the signing of three Memoranda of Understanding (MOUs) in the areas of Digital Trade Facilitation, Digital Identities and Cyber Security between the governments of Singapore…

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Enabling Singapore government invoices to be sent through InvoiceNow

All government agencies can already receive e-invoices using InvoiceNow. Businesses can now reduce cost and processing times when they transact with the Housing & Development Board (HDB), JTC and Maritime and Port Authority of Singapore (MPA) through the InvoiceNow nationwide e-invoicing network. Launched by the Infocomm Media Development Authority (IMDA)…

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Enterprise server spending in Malaysia, Singapore grows

Malaysia to grow at 7.6 per cent CAGR over 2020-2025 The overall addressable market for enterprise servers in Malaysia is expected to grow at a CAGR of 7.6 per centbetween 2020-2025, driven by the ongoing expansion of data center capabilities by leading vendors coupled with high-speed computing by the enterprises,…

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Investment holdings data included in SGFinDex

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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National programme to deepen AI capabilities in financial services

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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All government agencies to accept singpass digital IC

Singpass is the national digital identity, providing a convenient and secure platform for users. All Government agencies will accept the Digital Identity Card (IC) on the Singpass app as an alternative means to prove an individual’s identity for in-person agency services. This marks a significant milestone for Smart Nation, in…

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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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Enterprise security spending in Singapore to surpass US$2b

Continued rise in security breach incidents at enterprises. The total addressable market size of enterprise security in Singapore, in terms of spending opportunity, is poised to reach about US$2.2bn in 2025, mainly led by the huge demand for managed security services, identity & access management and endpoint security platforms, says…

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Singapore’s contracting market matures

Choosing flexible recruiting solutions. With its highly educated and multiskilled workforce, world-class infrastructure, and strategic location in the Asia-Pacific region, such is Singapore’s potential as a tech talent ecosystem that the nation has acquired the moniker ‘Silicon Valley of Asia’. The past year has been marked by an influx of…

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Singapore companies struggle to repel network attacks

Embracing secure access service edge (SASE) technologies to overcome work-from-home challenges. Singapore companies are struggling to repel network attacks, falling victim to dangerous ransomware assaults, and having to deal with deadly consequences, according to a new report from Barracuda, a trusted partner and leading provider of cloud-enabled security solutions. Taking in 750 global…

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