20 Sep 2022

Starbucks Singapore says customer data illegally accessed in data leak

Starbucks has confirmed that customers in Singapore have been impacted by a data leak that exposed personal data such as names, birthdates, and mobile numbers. Starbucks stated that credit card details and passwords were not affected, however, it urged its customers in Singapore to change their passwords. The coffee chain

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29 Aug 2022

Singapore eyes crypto crackdown, threatening status as industry hub

Singapore may soon roll out regulations to restrict cryptocurrency retail trading, according to one of the country’s top financial officials. At an event on Monday, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), described crypto retail investors as “irrationally oblivious” to the risks, advocating for tightening controls. “These may

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10 Aug 2022

Sri Lanka’s ousted president seeking entry to Thailand after weeks in Singapore

Gotabaya Rajapaksa, former Sri Lankan president, has requested to enter Thailand for a temporary stay. This marks the second Southeast Asian country Rajapaksa has attempted to enter after he fled his nation last month due to mass protests. The Thai foreign ministry reported the request on Wednesday. Rajapaksa entered Singapore

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09 Aug 2022

Revolut unveils cryptocurrency service in Singapore amidst possible new restrictions

Revolut has launched its new cryptocurrency service in Singapore despite warnings of potential new restrictions facing the industry. The government is currently considering adding more regulations to retail crypto trading within the country, concerned about the volatility of certain coins. The UK-based fintech company Revolut stated that it plans to

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10 Jun 2022

US and Chinese defense ministers begin meeting in Singapore

A major defense summit has begun in Singapore with US Defense Secretary Lloyd Austin and Chinese Minister of National Defense General Wei Fenghe. This is Austin’s fourth trip to the indo-pacific region after a formal request from China’s military leadership.  The summit is expected to only last 30 minutes and

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31 May 2022

Singapore ups investment in quantum computing to stay ahead of security threats

Singapore announced last week that it plans to set aside $17.09 million to support national platforms under the Quantum Engineering Programme for up to 3.5 years. The program is part of the country’s Research, Innovation, and Enterprise plan set forth in 2020 that aims to ensure encryption technologies remain diligent

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15 Mar 2022

Singapore bans cryptocurrency payments that could violate Russia sanctions

Singapore has banned the use of cryptocurrency to facilitate payments that could be used as a way to bypass financial sanctions against Russia, as part of a series of measures announced by the city-state against Moscow. The Monetary Authority of Singapore, its central bank, issued a statement late on Monday listing

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18 Nov 2021

Singapore delays satellite road toll system due to global chip shortage

Singapore has delayed the deployment of its next-generation electronic road pricing (ERP) system due to the global chip shortage. Instead of the initial date of late-2021, the satellite-based network is now expected to be rolled out in late 2023. Originally, the project was slated to be implemented starting in 2020

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26 Oct 2021

Third-party data breach in Singapore hits healthcare provider

In Singapore, another third-party data breach has been reported. This time, the cybercriminals targeted Fullerton Health and compromised personal data that included bank account details in some cases. The attackers went through the vendor Agape Connecting People, which facilitates appointment booking, for access to Fullerton. The breach was first detected

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14 Oct 2021

Singapore to develop mobile defence systems with Ghost Robotics

Singapore’s Defence Science and Technology Agency (DTSA) has partnered with Ghost Robotics to identify use cases involving mobile robots for security, defense, and humanitarian applications. Ghost Robotics is located in Philadelphia, Pennsylvania, and will look to test and develop mobile robotic systems as well as technology enablers that can be

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