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Tag: Singapore

Retail Asia25/05/2017
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General

Singapore’s IMDA to focus on four frontier tech areas

4min0
At the Infocomm Media Business Exchange 2017, Dr Yaccob Ibrahim, Minister for Communications and Information, said that Singapore’s Infocomm Media Development Authority (IMDA) has identified four frontier technology focus areas-AI and data science, cybersecurity, immersive media, and the IoT. 1) AI and data science Initiatives include AI.SG, a new S$150 million ($108m) national program to […]
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Retail Asia24/05/2017
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Logistics

Lazada Singapore moves warehouse operations to SingPost hub

3min0
Lazada, a huge online shopping destination in Southeast Asia, and Singapore Post Limited, the country’s postal and eCommerce logistics service provider, announced that Lazada Singapore has moved its warehouse operations to SingPost Regional eCommerce Logistics Hub in Tampines Logistics Park. With investments by Alibaba in both companies, the move allows Lazada and SingPost to leverage on […]
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Retail Asia24/05/2017
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Telecom

Bonus plan a win-win for customer and operator

3min0
n unnamed customer of new Singapore mobile operator Circles.Life likes the service so much that he has referred over 600 new customers, thus earning himself 100 GB of free data, said Donald Chan the firm’s international director. Chan outlined his company’s business model and strategy in a keynote on Day One of CommunicAsia2017 and included […]
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Retail Asia24/05/2017
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Logistics

DHL: Machine learning to mitigate supplier risks

1min0
DHL introduced a new integral part of its Resilience360 supply chain risk management platform called DHL Supply Watch. The extension of DHL’s early warning system uses machine learning and natural language processing to detect disruptions in a company’s supply base before they cause financial losses or long lasting reputational damage. With Supply Watch, DHL Resilience360 […]
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Retail Asia24/05/2017
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General

Heightened danger in Singapore as cyber attacks increase

3min0
Ransomware has rapidly moved from a “nuisance” to a public threat which could now endanger lives, a director of Singapore’s Cyber Security Agency told the CommunicAsia2017 conference on Tuesday. Ho Ka Wei, a director at the National Cyber Threat Analysis Center at the Cyber Security Agency of Singapore, said an increase in attacks in recent […]
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Retail Asia23/05/2017
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Telecom

Minister Ibrahim opens CommunicAsia2017

4min0
“They say ‘change is the only constant’, but change has never come at a faster rate,” said Ibrahim. “Convergence and disruption are transforming the way we operate. Every so often, we see another Airbnb or Uber come along, up-ending the way our economies function.” Global upheaval “Across the world, we see greater calls for protectionism,” […]
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Retail Asia22/05/2017
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Logistics

Megaport Singapore links up with AliCloud

2min0
Megaport Singapore, a subsidiary of Australia’s Megaport, has entered into an arrangement to provide enterprises with direct and scalable access to Alibaba Cloud via the Megaport global SDN. By accessing Alibaba Cloud Express Connect, a high-speed dedicated network connection that securely links customers with their VPCs through Megaport’s SDN, enterprises can scale their cloud connectivity […]
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Retail Asia19/05/2017
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Food

Dairy Farm Singapore puts out unified POS terminals

3min
Dairy Farm Singapore Group (DFSG) has confirmed it is deploying 2,000 new unified point of sales (POS) terminals across all Cold Storage, Market Place, Jasons, Giant, 7-Eleven and Guardian stores island-wide. Over 650 stores are expected to receive the new terminals in 2017. The new POS terminals will be deployed at its Cold Storage, Market […]
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Retail Asia19/05/2017
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Finance

Singaporean banks bulk up in wealth management

5min
A pullback by global competitors is giving Singaporean banks opportunities to expand their wealth management operations in Asia. The latest case in point came on May 11, when Oversea-Chinese Banking said it is buying National Australia Bank’s retail banking operations in Singapore and Hong Kong. OCBC will acquire a mortgage portfolio worth $1.7 billion and a […]
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Retail Asia18/05/2017
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Finance

Singaporeans prefer electronic payments to cash

3min0
A Visa study has revealed that Singaporeans have the highest preference for electronic payments the in Southeast Asian region. According to the 2016 Visa Consumer Payment Attitudes survey, 87% of Singaporeans prefer making electronic payments to using cash, indicating the highest preference for electronic payments in the region. This figure could largely be attributed to […]
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Retail Asia18/05/2017
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Telecom

Equinix acquires 29 data centers from Verizon

3min0
Equinix has completed its acquisition of 29 data centers in North and Latin America from Verizon Communications. The US $3.6 billion all cash deal includes over 1,000 customers, of which over 600 are net new, and approximately three million gross square feet of data center space. Equinix said the deal will accelerate its ability to […]
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Retail Asia17/05/2017
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Electronics

Apple Orchard Road opening on May 27

6min
The wait for Apple fans will be over soon. Apple Orchard Road – the official name of the Apple retail store here – will be opening its doors on May 27 at 10am. Close to midnight last night, workers were seen pasting the opening date on the white facade covering the front of the store […]
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Retail Asia17/05/2017
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General

Singapore Airlines trimming several flights from capital express service

5min0
Singapore Airlines is cancelling several flights from its capital connect services later this year, in response to low demand during the off season. Since September, Singapore has flown Boeing 777-200 to Wellington via Canberra four times a week, a service which aviation experts said appeared to be winning strong support. Wellington Airport has publicly linked the service to […]
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Retail Asia16/05/2017
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Food

Spirits retail salon The Proof Flat opens in Singapore

3min0
A new spirits and cocktail retail ‘salon’ has opened in Singapore. Dubbed The Proof Flat, the new space is located on HongKong Street and is the third retail experience launched by Proof & Company — the firm also behind award-winning bar concepts 28 HongKong Street and Manhattan Bar. The Proof Flat is a residential apartment, […]
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Retail Asia16/05/2017
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Fashion

Decathlon opened its biggest Singapore store

2min0
Sporting goods retailer Decathlon‘s biggest store yet in Singapore has opened its doors on Saturday (May 13) morning. Already boasting two mega stores here in the Republic – one at City Square Mall and another at Bedok, its third and largest outlet is located at the FairPrice Hub, Joo Koon. Spanning 4,000 square metres of sporting […]
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Retail Asia15/05/2017
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Fashion

Hugo Boss opens menswear store at Singapore Changi

1min0
Hugo Boss has opened a 95sq m store at Singapore Changi Airport Terminal 1. The Boss Menswear Store features a new interior concept featuring “clean, angular aesthetics” that has already been adopted by select stores in other cities. Hugo Boss considers the travel retail channel to be a dynamic part of the fashion business, and […]
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Retail Asia12/05/2017
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Logistics

DBS to reduce carbon footprint in 3-year partnership with DHL

4min0
DBS Bank will partner logistics company DHL Express Singapore to reduce its carbon footprint, according to a joint press release by the two firms on Tuesday. The three-year partnership will enable the bank’s global express shipments to become carbon neutral through DHL’s proprietary GoGreen Climate Neutral Service. Singapore’s largest bank will utilise the eco-friendly patented […]
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Retail Asia11/05/2017
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Logistics

Anchanto raises funds to expand its Southeast Asia e-commerce network

1min0
Anchanto, a Singapore-based e-commerce logistics and selling platform, announced that Luxasia Group (Luxasia), Asia’s leading omnichannel retailer, and transcosmos inc. Japan (TCI), a TSE-listed global end-to-end e-commerce enabler, have made investments to be part of Anchanto’s growth story and offer overall partner services across its network. This partner round exemplifies the confidence that two of […]
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