collaboration

Western Union launches co-located money transfer services at Singapore worker dormitories
SINGAPORE (Jan 17): Western Union has partnered Travelex, an independent foreign exchange (forex) and remittance business, to co-locate its money transfer services within five worker dormitories at Simpang, Mandai, Choa Chu Kang, Penjuru and Jalan Papan.   With the addition of Travelex locations, Western Union’s retail network will increase to 80 locations. Main image: Molly Shea ...
Eindec increases market reach for its dampers by collaborating with Aire-Max
SINGAPORE (Dec 11): Catalist-listed Eindec Corporation, an air environmental solutions and equipment manufacturer, together with air diffusion equipment distributor Aire-Max Asia, jointly announced that they will be collaborating to increase the market reach for Eindec’s proprietary brands of damper products in Singapore, Indonesia and Vietnam. In this collaboration, Aire-Max is appointed as ...
MAS, SGX successfully use blockchain technology for settlement of tokenised assets
SINGAPORE (Nov 12): The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have succesfully developed Delivery versus Payment (DvP) capabilities for the settlement of tokenised assets across different blockchain platforms. DvP is a settlement procedure where securities and monies are simultaneously exchanged to ensure the delivery of securities occurs only if the corresponding ...
Singapore and Russia ink MOUs to foster closer collaboration between startup ecosystems
SINGAPORE (Sept 20): Singapore yesterday signed two memorandum of understanding (MOU), at the High Level Russia-Singapore Inter-Governmental Commission meeting. These MOU were signed to encourage collaboration between the two countries to co-create innovative tech solutions and products, as Enterprise Singapore sees potential for Singapore companies and startups to collaborate with Russia’s ...
DBS and Singtel to help SMEs digitalise business
SINGAPORE (Aug 21): DBS and Singtel has reaffirmed their partnership to help local small and medium enterprises (SMEs) digitalise their businesses and keep pace with the technological shifts in the local and global economy. Through the nationwide 99%SME campaign that helps SMEs expand their business by digitalising their operations, the duo will be enhancing the e-marketplace on the 99%SME ...
Sarine Technologies collaborates with Lucara Diamond on blockchain-powered platform to sell diamonds
SINGAPORE (Aug 20): Sarine Technologies has entered into an agreement with Clara Diamond Solutions, a subsidiary of Vancouver-based diamond mining producer Lucara Diamond. Under the agreement, Clara will sell diamonds directly to jewellery manufacturers via a digital platform backed by secure blockchain technology developed by it. The platform will enable recording the mine origin of the rough ...
Hatten to develop $67 mil water themepark at Harbour [email protected]
SINGAPORE (Aug 7): Hatten Land intends to jointly build a RM200 million ($67 million) water themepark in Melaka, Malaysia, in collaboration with resort operator Samsung C&T Corp and Polin Waterparks, the designer and installer of water slides. Named Splash World @ Harbour City, the four-storey water park spanning 500,000 sf is expected to complete construction by end 2019 and be open to ...
Singapore O&G still growing strong
SINGAPORE (May 15): Phillip Capital is maintaining its “accumulate” recommendation on Singapore O&G (SOG) with a target price of 42 cents. The group on Monday announced that its 1Q18 earnings have increased by 23.7% to $2.5 million, compared to $2.0 million in 1Q17. Revenue was 17.3% higher at $8.2 million from $7.0 million last year, on the back of higher contribution from its ...
UOB and Santander UK to facilitate greater two-way business flows between Southeast Asia and the UK
SINGAPORE (May 10): United Overseas Bank (UOB) and Santander UK will be collaborating with each other to facilitate greater cross-border business flows between Southeast Asia and the UK. The partnership brings together the complementary strengths such as local market knowledge and regional presence of both banks in helping companies from their respective markets expand overseas. These ...
UOB eyes more business serving Chinese companies in Southeast Asia
SINGAPORE (Apr 13): United Overseas Bank (UOB), which has built up a regional presence across Southeast Asia and in China, aims to increase the number of Chinese companies it do business with by 50% this year from 2017, as business activity across this region picks up in line with China’s Belt and Road Initiative (BRI). Last year, UOB facilitated almost $20 billion in business flows from ...