The centre will act as an open innovation lab for the Group’s future mobility research and development. Hyundai Motor Group Innovation Center in Singapore (HMGICS), a subsidiary of Hyundai Motor Group, has obtained a three-year SGD 230 million Green Loan from ANZ Bank and DBS Bank. Both banks acted as…
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Strong focus towards digitalisation support. The Singapore Government’s 2022 budget will focus keeping the country ahead in the race by investing in various capabilities. These include the digital realm, innovation, and the nations people, stated Minister for Finance Lawrence Wong. “The Government will strengthen our economy’s digital capabilities by upgrading…
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Functional knowledge topics cover how sustainability is applied across major functions in the financial sector. The Institute of Banking and Finance Singapore (IBF) and the Monetary Authority of Singapore (MAS) today set out 12 technical skills and competencies needed for individuals to perform various roles in sustainable finance (see Annex…
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Sygnum will expand its offerings to include institutional grade Web 3.0 solutions. SCB 10X continues to invest in high potential tech start-ups globally. Recently, SCB 10X announced a follow-on investment in the world’s first digital asset bank “Sygnum”, a digital asset technology group with a Swiss banking license and a…
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Research reveals multicloud deployments are here to stay, but enterprises are looking to hybrid multicloud. The findings of Nutanix’s fourth global Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption. The research sheds light on trends and patterns across the cloud landscape in Singapore,…
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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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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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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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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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