Singapore

Singapore has one of the highest rates of mobile and Internet penetration in the world, and households worldwide. Its government sets aside over S$1 billion yearly on ICT tenders and recognizes the importance of "skills, innovation and productivity" in ensuring economic growth.

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Singapore to probe SGX power outage

Singapore to probe SGX power outage

Singapore Exchange sets up inquiry team to investigate last week's power outage that brought trading to a halt for more than three hours, after its backup power systems failed to function.

published November 10, 2014 by

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Multimillion-dollar markup for HotApps US sale

Multimillion-dollar markup for HotApps US sale

Listed construction and technology player Singapore eDevelopment has announced a $700 million acquisition agreement with US-based Fragmented Industry Exchange, in a bid to establish a foothold in the US market for its instant messaging business HotApps, which it purchased in August for $98,000.

published October 15, 2014 by

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