The Singapore Budget 2025, presented by Prime Minister and Finance Minister Lawrence Wong, has put a particular emphasis on certain economic areas as being the drivers of SG60 growth. One of them is research and development (R&D) to promote innovation in technology.
Tag: technology
Man confesses love to ChatGPT, check out AI bot’s response
Man confesses love to ChatGPT
US tech stocks plunge after Chinese firm DeepSeek launches chatbot
DeepSeek launches AI chatbot. The advancement in Artificial Intelligence in China has hit American stock market
Japan Airlines recovers from cyber-attack; announces resumption of flights from Dec 27
Japan Airlines said that there was no virus in its system or any customer data leaks resulting from the cyber-attack. It had first noticed the problem this morning (around 7.25am in Japan) when snags began to crop up in its luggage check-in system. Acting quickly, the carrier suspended all ticket sales — domestic and international — for the rest of the day.
Singapore FinTech Festival 2024 attracts 65,000 participants from 134 countries and regions; makes big plans for 2025
More than 3,400 government and regulatory attendees across 665 central banks, regulatory institutions, and government organisations participated in the ‘Regulation Zone’. Key discussion areas included Artificial Intelligence (AI) solutions, quantum research and finance, cross-border data flow, and digital asset growth.
Singapore Police, banks work together to prevent 1,338 scams and avert SGD 53 million losses during Sept-Oct
The participating financial institutions are DBS Bank, HSBC Bank, OCBC Bank, Standard Chartered Bank, and UOB Bank. They worked with law enforcement, utilising Robotic Process Automation (RPA) technology to identify victims of job, investment, fake friend call, and e-commerce scams.
MAS announces finalists for 2024 Global FinTech Hackcelerator and FinTech Excellence Awards
This year’s competition aims to advance the development of suitable financial products and tools that can improve financial health. This can be an important enabler to empower individuals and businesses to manage resources effectively to build financial resilience.
When 4 equals 5: Singapore gives its verdict on a shorter work week in Asia-wide survey
The enthusiasm level for a four-day work week is very high among Singapore employees, of whom 93 per cent of the surveyed respondents have embraced the idea.
Singapore Smart Nation 2.0: New agency to tackle online harm, plus SGD 120 million to boost ‘AI for Science’
The new Singapore government agency could become a “trusted source of support”, acting on behalf of victims and directing “perpetrators and service providers to put a stop to the [online] harms”, said PM Wong. It will be introduced jointly by the Ministry of Digital Development and Information and the Ministry of Law.
14 victims lose SGD 100K+ within 6 days in Singtel ‘reward points’ SMS phishing scam
Modus operandi of the latest September 2024 Singtel SMS scam matches that of the past year. The June 2023 police advisory had explained: “In this scam variant, the victim would receive an unsolicited SMS prompting the victim to click on a fraudulent link to claim a reward before the expiry of his Singtel points.”
