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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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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Singapore SMBs to spend $415M on cloud

Singapore SMBs to spend $415M on cloud

Small and midsize businesses in the country will fork out S$520 million (US$415.26 million) on cloud this year, with the bulk of it to be spent on infrastructure-as-a-service and online applications.

published September 3, 2014 by

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