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Business

Fifth Social Innovation and Global Ethics Forum to be held in Singapore (12-13 Sept)

Set up in an emblematic innovation hub, the Social Innovation and Global Ethics Forum will debate Fintech and Blockchain, Future Energy, Smart Cities, UN SDGs, Medtech and Impact Investing. The 5th edition of SIGEF, the Social Innovation and Global Ethics Forum, is set up in Singapore on 12-13 September, to coincide with the city state's ASEAN 2018 Chairmanship and held for the first time in Southeast …

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Singaporeans may look forward to hundreds of job opportunities at Facebook’s upcoming S$1.4bil data centre slated to open in 2022

Starting 2022, Singaporeans may anticipate the opening of "hundreds of jobs" at social media giant Facebook's first custom-built data centre at Tanjong Kling, formerly Data Centre Park, in all of Asia. According to vice president for Infrastructure Data Centres at Facebook, Mr Thomas Furlong, the construction of the 15th Facebook data centre in the world will give rise to "thousands …

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Bank of Lithuania wins Central Banking’s first Catalyst Award

The Bank of Lithuania has been selected as the winner of the first Catalyst Award in the FinTech & RegTech Global Awards 2018 organised by Central Banking. The award was given in light of the Bank of Lithuania’s activities in the field of innovation and was presented in Singapore, one of the most important global financial centres. According to Central Banking, a journal …

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Grab introduces Hitch Club to reward everyday drivers contributing to a car-lite nation

Grab recently announced the beta launch of Hitch Club, the first-of-its-kind rewards program for everyday drivers in Singapore. As part of Grab’s ongoing commitment to support drivers on its platform, Hitch Club will bring about greater benefits for GrabHitch drivers through app features such as no-show guarantees and other merchant deals. Now, GrabHitch drivers will not only cover some of …

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Naver Corp, South Korea’s leading Search Engine and parent company of mobile messenger app, LINE, invests in iPrice Group

iPrice Group, Southeast Asia's leading product discovery and comparison platform, has extended its latest funding round to welcome Naver as their latest investor. iPrice is Southeast Asia’s leading product discovery and comparison platform, connecting consumers with hundreds of e-commerce merchants through the best possible shopping experience. Since October 2014, the platform has established itself as the fastest growing in its …

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Grab invests in new electric vehicle fleet, enabled by SP Group’s fast-charging DC network

Grab and SP Group (SP) today announced a strategic partnership in which Grab will bring in 200 new fast-charging electric vehicles (EVs) and use SP's pervasive fast-charging network, which will deliver greater cost savings for driver-partners. The new fleet will be progressively rolled out in Singapore from early 2019. Driver-partners on this new model will enjoy preferential EV charging rates …

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Chubb establishes major accounts division in Asia Pacific

 Chubb announced on Monday (20 August) the establishment of a Major Accounts Division in the Asia Pacific region, a dedicated premium service encompassing  underwriting, risk engineering and claims for the region's large, global and multi-national clients and business partners. Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and …

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