The future of Housing Board (HDB) living will see smart fittings that give home owners the option of not only monitoring energy consumption and controlling smart appliances, but also directional signage with larger fonts and pictorial symbols. This is to ensure smart and sustainable living will keep pace with Singapore’s ageing population, said Deputy Prime […]

Each member of a Singaporean household has received an average of $1,500 in Covid-19-related support, said Deputy Prime Minister Heng Swee Keat. In addition, more than 300,000 Singaporean households have benefited from a voucher scheme launched by the community development councils (CDCs) in June to help needy families with daily expenses, he added. A second […]

The incomes of Singapore’s workers at the 10th percentile increased by more than 50 per cent over the past decade to $1,517 last year, said Senior Minister of State for Manpower Zaqy Mohamad. Full-time resident workers at this percentile had earned $1,000 in 2009, which illustrates the progress made under Singapore’s policy measures, he said. […]

BEIJING, China, Oct 15, 2020 – (ACN Newswire) – On September 27, China’s petrochemical industry saw its first digital warehouse receipt pledge financing transaction that integrates blockchain and Internet of Things (IoT) technology successfully implemented in China, providing new solutions for small and medium-sized petrochemical enterprises perplexed by overly expensive and slow financing. This transaction […]

TOKYO, Oct 15, 2020 – (ACN Newswire) – Fujitsu Limited, JCB Co., Ltd. and Mizuho Bank, Limited. today announced a joint demonstration trial aimed at further advancing a digital society in which digitally managed information attributable to individuals (i.e. ID information) can be safely and securely transacted online, distributed and linked between different industries. Image […]

LONDON (BLOOMBERG) – Banks are putting the brakes on UK commercial real estate lending as the pandemic batters the economy and stokes fears about looming defaults. New loans declined in the first half by 34 per cent from a year earlier to £15.5 billion (S$27.30 billion), according to a report from The Business School in […]

BRUSSELS (BLOOMBERG) – Huawei Technologies, already getting squeezed out of Europe’s vast market for the next generation of telecom equipment, is under siege in another fast-growing business: cloud computing. US officials have been lobbying European lawmakers and industry leaders to use Western companies – while shunning Huawei – to build data centers and offer infrastructure […]

YOKOHAMA, Japan, Oct 15, 2020 – (JCN Newswire) – Mitsubishi Power, Ltd., a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has concluded a memorandum of understanding (MOU) with Indonesia’s state-owned electricity provider PT. PLN (Persero) (PLN) and two of its subsidiaries (PT. Indonesia Power and PT. Pembangkitan Jawa-Bali), and Bandung Institute of Technology (ITB) on […]

SYDNEY (REUTERS) – Virgin Australia Holdings CEO Paul Scurrah will be replaced within weeks by Jayne Hrdlicka, the former head of Qantas’ budget offshoot Jetstar, as new owner Bain looks to draw in more travellers with a “hybrid” strategy. The management change at Virgin, to be effective soon after its sale to Bain Capital is completed […]

BEIJING, China, Oct 15, 2020 – (ACN Newswire) – Holography comes from the Latin vocabulary, and its meaning is: all, compound. According to the current common knowledge in mainstream technology filed, holography specifically refers to “holographic technology”, which is a technology for reproducing diffracted light emitted by objects. Holographic technology uses the principle of interference […]

MANILA, Oct 15, 2020 – (ACN Newswire) – A new study of the online content viewing behaviour of Filipino consumers, has found that 49% access streaming piracy websites or torrent sites. The levels of piracy went as high as 53% within the 25-34 age demographic. The survey commissioned by the Asia Video Industry Association’s Coalition […]

SINGAPORE (BLOOMBERG) – Mr Kuok Khoon Hong is ready to pull off a remarkable second act. The billionaire sold shares of his China business in the biggest initial public offering (IPO) on the Shenzhen Stock Exchange, thanks to the most popular cooking oil brand in the country. Mr Kuok’s Yihai Kerry Arawana Holdings will debut […]

SINGAPORE – CapitaLand’s wholly-owned lodging business unit, The Ascott Ltd, on Thursday morning (Oct 15) said it is seeing strong recovery in China on the operations front, with apartment revenue in September performing close to 95 per cent of its year-ago level. Ascott also said it has been maintaining a steady stream of openings as […]

SINGAPORE – Users of The Straits Times’ website on Thursday (Oct 15) will be greeted with a fresh new look, complete with a slew of new offerings that focus on multimedia content and trending topics. This revamp is part of ST’s continuing efforts to refresh its digital and print products, and includes an upcoming relaunch […]

A 13-year-old boy and a 10-year-old girl are the two new Covid-19 cases in the community reported by the Ministry of Health (MOH) yesterday. Both patients had last been at their respective schools on Oct 2. They were both quarantined from Oct 3, and were swabbed on that day but tested negative, MOH said in […]

Singapore households used on average more electricity and gas each month between April and July, compared with the same period last year. Their electricity consumption rose 16 per cent while that of gas went up 34 per cent, as people spent more time at home during the circuit breaker and the early stages of Singapore’s […]

Continued diplomatic ties between Singapore and Hungary for 50 years now have been underpinned by “mutual respect”, according to Hungarian Foreign Minister Peter Szijjarto, who noted there has been a practical side to the cooperation as well in an interview with The Straits Times yesterday. “We represent a similar kind of approach when it comes […]

A “Right to Disconnect” law would help employees have protected time to rest and recharge, said labour MP Melvin Yong (Radin Mas) yesterday, adding that it would help address issues such as burnout and lead to safer workplaces. Speaking during the debate on the Government’s strategy to emerge stronger from the Covid-19 pandemic, he cited […]

LOS ANGELES, CA., Oct 15, 2020 – (ACN Newswire) – For many companies, the COVID-19 crisis has had a devastating impact. However, despite 2020’s unfavorable circumstances, CBD manufacturer Green Care Solutions is not only staying afloat, but thriving with record sales throughout the duration of the pandemic. C.E.O. Freddy Rashid attributed the company’s success to […]

SINGAPORE – A 13-year-old boy and a 10-year-old girl are the two new Covid-19 cases in the community reported by the Ministry of Health (MOH) on Wednesday (Oct 14). Both patients are school students and had last been at their respective schools on Oct 2. They were both quarantined from Oct 3, and were swabbed […]