TOPLINE

Citi reinvents itself to stay agile and ahead

HOW does a more-than- 100-year-old bank stay relevant and compete with new age financial services providers and fintechs - technology companies that are in the business of finance?

Singtel, Ericsson to set up centre to develop, deploy 5G

SINGAPORE Telecommunications (Singtel) has tied up with communication solutions and services provider Ericsson to set up a centre of excellence (CoE) to facilitate the development of fifth generation mobile telephony (5G) technology and its deployment in Singapore with an initial investment of S$2...

MAS chief makes push for fintech tie-ups in blockchain

RAVI MENON, Monetary Authority of Singapore's (MAS) managing director, said on Monday that innovation and technology will be the main drivers of growth in Singapore, especially in its financial services sector. ...

MAS panel on cybersecurity meets, discusses ways to protect financial sector

THE Monetary Authority of Singapore's (MAS) Cyber Security Advisory Panel (CSAP) feels that strong basic cyber hygiene practices are fundamental in securing cyber resilience...
HOCK LOCK SIEW

Electronics transformation map can make all manufacturing in Singapore Industry 4.0 ready

LAST week's launch of the Electronics Industry Transformation Map (ITM) by Minister for Trade and Industry (Industry) S Iswaran has been welcomed by the electronics cluster as a step in the right direction to prepare the sector for the changes that are sweeping through it, thanks to Industry 4...

Choo Chiau Beng to retire as M1 chairman

M1's chairman Choo Chiau Beng will retire from the board with effect from Jan 1, 2018. The telco said on Tuesday that Mr Choo has expressed his wish to step down from the board, on reaching the age of 70. ...

Choo Chiau Beng to step down as M1 chairman from Jan 1

THE chairman of M1, Choo Chiau Beng, will step down from the board with effect from Jan 1, 2018. M1's board of directors has appointed Danny Teoh Leong Kay as a non-executive, non-independent director and chairman designate of the board with effect from Tuesday. Mr Teoh will succeed Mr Choo as...

M1 launches new malware detection service

M1 Limited (M1) has launched a network-based mobile malware detection solution, M1 Mobile Guard, which works by checking devices accessing M1's mobile network for signs that it may be infected by malware. This enables Mobile Guard to offer convenient always-on protection, a spokesman for the...
COMMENTARY

Interesting times ahead for Android ecosystem

ANYONE reading the news that Google is buying a significant chunk of Taiwanese phone maker HTC for US$1.1 billion - after months of speculation - could be excused for getting a sense of deja vu. Is it a kind of redux to Google's highly publicised US$12.5 billion purchase of iconic mobile phone...

Two-pronged battle plan to keep electronics sector fighting fit

INDUSTRY Minister S Iswaran has called on Singapore firms to stand shoulder to shoulder with the government to transform the electronics sector, one of the cornerstones of the Singapore's economy...

CSA to set up academy, signs training MOU

THE Cyber Security Agency of Singapore (CSA) has signed an MOU (memorandum of understanding) with ISACA, an international professional association focused on IT governance. Under the MOU, CSA will use ISACA-developed training, assessment tools and certification to enhance Singapore's...

ST Telemedia unit begins construction of sixth Singapore data centre

ST Telemedia Global Data Centres (STT GDC) has started construction of its sixth data centre in Singapore. The construction is expected to be completed in the second half of 2018.

Telcos unveil iPhone 8 pricing; Singtel joins unlimited data trend

ALL three telcos have unveiled their prices for the Sept 22 Singapore launch of the iPhone 8 and iPhone 8 Plus. For M1, the price for the iPhone 8 64GB ranges from S$790 for the S$28 per month i-Lite plan to free for the S$228 per month i-Max+ plan.
THE NEW iPHONE

Local telcos gear up to ride wave of Apple's latest phones

SINGAPORE telcos are set to get a boost - even if just for the short term - with the launch of one of the biggest updates to the iPhone family announced by Apple on Tuesday (Wednesday morning Singapore time).
NEWS ANALYSIS

Today's champions, tomorrow's roadkill?

THE Prime Minister, Lee Hsien Loong, during his National Day rally speech, said turning Singapore into a Smart Nation would be one of the key national efforts. The government has articulated a very comprehensive roadmap in this endeavour and a combination of services and sensors are being rolled...
HOCK LOCK SIEW

Telcos need to be more creative in tussle for mobile customers

M1'S announcement on Wednesday that it would offer a new mobile postpaid plan which would come bundled with unlimited data indicates that it is ready to protect its market share and, if possible, garner new customers from rivals, as the Singapore telecom market gears up for the entry of the...

More needs to be done to digitally empower workers

THE digitalisation of the workplace and proliferation of mobile device and cloud applications have given professionals the ability to work from anywhere at any time. In addition, these same technologies have resulted in workers forming virtual teams and collaborating to increase productivity.

ST Engineering picks up rig repair assets in the US for US$25 million

SINGAPORE Technologies Engineering's (ST Engineering) subsidiary, Vision Technologies Marine, Inc (VT Marine), has acquired selected rig repair assets adjacent to ST Engineering's existing yard VT Halter Marine, Inc (VT Halter Marine), in Pascagoula, Mississippi, in the US for US$25...

Almost 90% of Asia-Pac retailers betting on click-and-collect: study

THE entry of Alibaba, through its stake in Lazada, and Amazon's entry in Singapore, have given online shopping a new impetus in the Asia-Pacific region and traditional retailers are stepping up to stay relevant...

Businesses wise up to importance of digitalisation, says study

BUSINESS leaders in Asia Pacific are showing an urgency in embracing the Fourth Industrial Revolution, with 80 per cent of them believing that they need to transform into a digital business to enable future growth.

STT data centre arm set for next stage of global expansion

AFTER three years of rapid global expansion, ST Telemedia's Global Data Centres (STT GDC) arm is ready for its next stage of growth, driven by demand from key clients who are themselves in expansion mode, both regionally and globally. ...

Singapore becomes IoT-ready as networks are rolled out

VERY soon the humble electricity meter in your house will be having its own telecom network through which it will be able to connect to a back office and give details about your electricity usage. And your water meter may not be far behind. Both will help you save money by giving you smart...

Singtel's Q1 net profit down 5.6% on associates' woes

CHALLENGING market conditions faced by associates, such as Airtel in India, pulled Singapore Telecommunications' (Singtel) first quarter net profit down 5.6 per cent to S$892 million from S$944 million one-year ago for the quarter ended June 30. Excluding Airtel, net profit increased by 3.4...
HOCK LOCK SIEW

Amazon's Singapore play a precursor to S-E Asia e-commerce battle

AMAZON has been mulling an entry into Singapore for some time and anecdotal evidence suggests it postponed a launch here at least once. The reason for that is not hard to understand: timing was of the essence. For Amazon, entering the Singapore market is not an end by itself. Rather, it is a...

StarHub Q2 profit falls 21%; revenue dips 1.1%

STARHUB, Singapore's second biggest telco, posted a 21 per cent decrease in second-quarter net profit to S$85.7 million from S$108.6 million, one year ago. This came on the back of a 1.1 per cent dip in revenue for the quarter to S$579.1 million from S$585.7 million. ...