Singtel announces initiative for cross-border interconnectivity of mobile wallets
Singtel will start with Thailand’s largest mobile operator, AIS. The
Group plans to progressively expand this service from the second half of 2018
to other regional associates, which include Airtel in India, Globe in
Philippines and Telkomsel in Indonesia.
Singapore’s GIC invests in portable, real-time DNA sequencing firm
GIC announced its investment in Oxford Nanopore Technologies, the developer of the world’s only portable, scalable, real-time DNA/RNA sequencer.
PDPC and Singapore Academy Law organising Singapore’s largest legal tech hackathon
The challenge areas are drawn from 100 legal industry
problem statements collated by SAL’s Future Law Innovation Programme, as well
as four data protection problem statements.
New Zealand forms Future Technology Leadership Group to harness N$1.5-billion transport tech sector
The Future Technology Leadership Group aims to help New Zealand harness the N$1.5-billion estimated annual value from transport technology sector.
Fourteen Thai banks partner with state enterprises and corporations to launch blockchain initiative
The first project to be undertaken by the initiative will be
blockchain-based letters of guarantee (LGs), which could potentially reduce
related operating costs by 50 per cent. This will also enable LG services to be
more efficient, reliable and secure, with a unified information standard.
Focus areas for Bank of Thailand’s Fintech policy: Productivity, Immunity, and Inclusivity
Dr Veerathai Santiprabhob highlighted the scope for efficiency improvement
in lending processes through usage of transactional data from e-commerce and new
payment platforms and change in business model from collateral-based lending to
information-based lending.
Batam opens Nongsa Digital Park to serve as a digital bridge between Singapore and Indonesia
The Nongsa Digital Park is expected to attract more than US$500 million of investments in the digital economy and is expected to create 10,000 jobs.
