Gen Zers lead the way in Singapore’s online shopping space

Logos of online social media and social networking sites displayed on a smartphone screen on August 01, 2023 in Bath, England. Matt Cardy | Getty Images News | Getty Images SINGAPORE — As more businesses turn to social media to sell their merchandise, online shoppers in Singapore are exploring new buying experiences — and Gen … Read more

Singapore’s guidelines to bolster mobile app security are optional – for now

Oscar Wong/Getty Images Singapore has released guidelines designed to help developers adopt the necessary security controls and best practices to better safeguard users against common malware and phishing attacks.  Called Safe App Standard, it offers a common benchmark that guides local developers on steps to take to enhance mobile app security, according to the Cyber … Read more

Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC

Skyline of Riyadh in Saudi Arabia. Simon Dawson | Bloomberg | Getty Images Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about a quarter of the $124 billion splashed by state-owned investors, according to a preliminary report by research consultancy Global SWF. The Saudi … Read more

17LIVE goes public via Singapore’s first SPAC merger

A live-streamer at a 17LIVE event. 17LIVE In a first for Singapore, shares of 17LIVE began trading Friday following the Asian livestreaming company’s merger with a special-purpose acquisition company. Shares of 17LIVE fell 2.06% to 3.80 Singapore dollars ($2.84) after opening at SG$4. This was Singapore’s first listing via a SPAC merger. SPACs, or blank-check firms, … Read more

Singapore’s prime minister plans to step down and hand over to his deputy before the 2025 election

SINGAPORE — Singapore Prime Minister Lee Hsien Loong said Sunday he planned to bow out and hand over power to his deputy, Lawrence Wong, late next year, before the 2025 general election. Lee, 71, initially intended to retire before turning 70, but it was shelved because of the COVID-19 pandemic. He has served as head … Read more

Singapore’s digital economy nearly doubled in 5 years

Vistors to Marina Bay walk on a bridge with a view of the Central Business District in Singapore on Sunday, 18 June 2023. (Photo by Joseph Nair/NurPhoto via Getty Images) (Photo by Joseph Nair/NurPhoto via Getty Images) Joseph Nair | Nurphoto | Getty Images SINGAPORE — Singapore’s digital economy contributed to more than 17% of … Read more

Singapore’s tech subscription service Circular wants to keep devices out of the landfill

Circular, backed by Y Combinator, is a service that offers consumers in Singapore and Australia subscriptions to high-end electronics, like iPhones, Samsung Galaxy, iPad Pros and MacBook Pros. Not only does it want help people get devices at lower prices, but also keep them in circulation for as long as possible and out of the … Read more

Singapore’s Chinese language-language newspaper more and more echoes China’s message

SINGAPORE — As China accelerates efforts to construct its world energy, President Xi Jinping has laid out an extravagant imaginative and prescient for abroad ethnic-Chinese language communities that he hopes will “give form to a strong joint pressure for advancing the rejuvenation of the Chinese language nation.” China International Leap At each level of the … Read more

Singapore’s financial system grows 0.7% year-on-year in second quarter

Exterior of the Singapore Trade constructing. Bryan van der Beek | Bloomberg | Getty Photos Singapore’s financial system prevented a technical recession within the second quarter, rising 0.7% year-on-year and 0.3% quarter-on-quarter, superior estimates confirmed. Economists polled by Reuters anticipated to see progress of 0.3% quarter-on-quarter and 0.6% year-on-year. Within the first quarter, Singapore’s financial … Read more

Singapore’s Ora takes a vertically-integrated method to telehealth

In response to the founding father of Singapore-based telehealth platform Ora, 90% of its sufferers are lower than 39 years previous and haven’t been handled for his or her situations offline. That places the onus on Ora to ensure its sufferers, largely millennials who reside in cities, have expertise. Ora needs to carry out with … Read more