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Singapore Allocates USD 360 million to Support Digital Transformation of Businesses

Singapore Allocates USD 360 million to Support Digital Transformation of Businesses

Jun 1, 2020

The Singaporean Government has assigned more than SGD 500 million (USD 360 million) to support businesses as they digitalize amid the COVID-19 pandemic. This sum is part of the government’s fourth package, dubbed the Fortitude Budget, of SGD 33 billion (USD 24...
Singapore’s Largest Mall Operator Launches E-Commerce and Food Ordering Platforms

Singapore’s Largest Mall Operator Launches E-Commerce and Food Ordering Platforms

Jun 1, 2020

CapitaLand, the operator of Singapore’s largest mall network, launched an e-commerce platform eCapitaMall in June, as well as an online food ordering platform Capita3Eats, to complement its existing physical presence through shopping malls. The company announced that...
Alstom Signs Services Agreement for Driverless Train Control System in Singapore

Alstom Signs Services Agreement for Driverless Train Control System in Singapore

Jun 1, 2020

French multinational Alstom and SMRT Trains, with support from Singapore’s Land Transport Authority (LTA), have signed an agreement to ensure the continued reliability and availability of the driverless train control system installed by Alstom on...
Singapore Medtech Firm with Gastric Cancer Diagnosis System Raises SGD 12 Million

Singapore Medtech Firm with Gastric Cancer Diagnosis System Raises SGD 12 Million

Jun 1, 2020

Singaporean medtech company, Endofotonics, announced an investment of SGD 12 million (USD 8.6 million) from specialist healthcare investors Mr Tony Tan Choon Keat, Chairman of Singapore Medical Group (SMG) and Founding Managing Director of Parkway Holdings, and...
Singapore to Launch its First 5G-Enabled Industry 4.0 Solutions Trial

Singapore to Launch its First 5G-Enabled Industry 4.0 Solutions Trial

Jun 1, 2020

IBM, the Infocomm Media Development Authority (IMDA) of Singapore, local telco M1 Limited (M1) and Samsung announced Singapore’s first 5G Industry 4.0 trial, to foster the potential of 5G for factories and generate new opportunities for Singapore’s economy...
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