Smart Nation

Budget 2020

Singapore boosts cyber security as it moves towards becoming a Smart Nation

SINGAPORE (Feb 21): Singapore will be allocating some $1 billion into cybersecurity over the next three years to boost the government’s cyber and data security capabilities, Finance Minister Heng Swee Keat announced on Feb 18. This was to “safeguard c

Globalisation

Digital collaborations crucial amid ailing global economy: Iswaran

SINGAPORE (18 Sep) : Singapore can serve as a bridge between the US and Asean as the city-state makes headway in becoming a Smart Nation and the region’s digital capital, says Minister for Communications and Information S Iswaran.

Future of the economy

Building for the future

Creating a smart city for all requires effort, focus and an inclusion-oriented mindset. The Singapore of the future must keep this in mind.

Startups, Entrepreneurs, Digital economy

Local AI firm Taiger wins $34 mil from investors

SINGAPORE (July 10): Taiger, an artificial intelligence startup whose clients include Bank of America Corp, AIA Group Ltd. and Banco Santander SA, has raised US$25 million ($34.0 million) of funding for its expansion.

Disruption and Digitalisation

IMDA launches initiatives to drive Singapore's digital economy

SINGAPORE (June 27): Singapore’s Infocomm Media Development Authority (IMDA) has launched a series of initiatives to spearhead the city-state’s efforts to become a leading digital economy.

Asset management

Singapore's emergence as a 'Smart Financial Centre'

SINGAPORE (May 22): In 2015, the Monetary Authority of Singapore (MAS) announced the “Smart Financial Centre” plan as part of the Smart Nation vision for Singapore, designating the financial sector to lead innovation and the implementation of new tech

Smart cities

Data breaches won't derail Singapore's tech push

SINGAPORE (Apr 22): Recent data breaches, including one where details of HIV patients were leaked, won’t hold back Singapore’s efforts in testing and investing in the latest technology to build what it termed as a “Smart Nation.”

Singapore economy

Singapore will invest $724 million in technology transformation

(Mar 28): Singapore will allocate $724 million under a current plan to transform its economy into one that relies more on fields such as research and on companies that create new markets and jobs.

M&A

Advance SCT to buy 40% stake in M&E firm for $3.5 mil in pursuit of smart city ambitions

SINGAPORE (Jan 29): Advance SCT has entered into a conditional sale and purchase agreement to acquire 40% stake in N&T Engineering Enterprises for up to $3.5 million.

4 main considerations when re-engineering government IT systems for Smart Nation drive: PM Lee

SINGAPORE (Oct 2): Prime Minister Lee Hsien Loong highlighted four main areas that the government will focus on as it works on several projects to renew its IT systems amid Singapore’s Smart Nation drive.
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