collaboration

Air New Zealand teams up with ST Engineering to trial use of drones for aircraft inspection

SINGAPORE (June 17): Air New Zealand will use drones to carry out inspection checks of its aircraft when they undergo heavy maintenance checks at its facility near Changi Airport – with some help from ST Engineering’s Aerospace.

DroScan, an unmanned drone system developed by ST Engineering, will deploy a drone take a planned route around the outside of an aircraft to inspect its surface and produce high definition images.

BreadTalk launches Singapore's first Wu Pao Chun Bakery

SINGAPORE (June 17): BreadTalk announced that Wu Pao Chun has launched its first bakery in Capitol Singapore on June 14.

See: BreadTalk partners Wu Pao Chun for expansion into Singapore and Hong Kong

The 350 sqm bakery, which is named after the founder, is the result of a partnership between BreadTalk Group and Wu Pao Chun.

Street style

The big boys of luxury are tapping into the exclusive nature of streetwear to reel in a younger demographic.

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.

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 the group’s distributor and it will be promoting the group’s proprietary “Eindec” and “Kyodo” brands of dampers.

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 payment is made. This will help improve operational efficiency and reduce settlement risks.

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 strong science and technology capabilities, and established research and innovation culture.

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 portal next month.

The enhanced platform will instantly connect SMEs, especially those without an online presence, to an e-commerce platform hosted on the 99%SME site.

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 diamond before it is sold.

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 the public in 1H20 with a capacity of 5,200 visitors per day.

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