Singapore-based media giant MediaCorp announced today that it has acquired a 52 percent stake in Indonesia’s KLN Group (KLN) for an undisclosed amount. KLN is the parent company of KapanLagi Network, one of the largest and most successful online media companies in the archipelago. The two firms signed the agreement in Jakarta today with the hope that MediaCorp’s expertise and pan-Asian reach can help accelerate KLN’s market position in Indonesia. The partnership also has a goal to create solutions for advertisers to reach customers in new ways.
Privacy experts from Malaysia, Singapore, Australia and Japan offer valuable insight into data protection matters, addressing Privacy Impact Assessment, consent and disclosure, cross-border data flow, privacy governance, data breach management, Big Data and cloud computing.The Asia-Pacific region is stepping up its legal and enforcement regimes for data protection: The past five years have seen Singapore, Malaysia, the Philippines, South Korea and Taiwan ratifying their respective data privacy laws, while Thailand is currently drafting legislation and Japan is discussing reforms to its data privacy provisions.
Taiwan ranked 18th in the networked readiness index (NRI) of the Global Information Technology Report 2015, which was released by the World Economic Forum (WEF) on April 15, reports our Chinese-language sister paper Commercial Times. Singapore claimed the first place. The NRI measures economies in terms of their capacity to prepare for, use and leverage information and communications technologies. In the 143 economies surveyed this year, Singapore moved up from No. 2 last year to overtake Finland as the world’s most network-ready country.
Building a startup into a billion-dollar company is still a dream for most. While it is easier than ever to start a business, it’s harder than ever to scale one. In the tech industry, many companies are “born global” by nature, but successfully scaling globally takes a special mix. Over the past few years there has been a lot of valuable information and focus on starting lean, but little information as to how to cross the chasm and successfully scale into a profitable, global business. So, what’s the magic recipe?
Some policies need many agencies to pull together, and affect huge numbers of people, all with different views on how an issue should be resolved. These more complex topics are called “wicked problems”, and Peter Ho, Singapore’s former Head of the Civil Service, has dedicated a big chunk of his career to tackling them. Ho exclusively caught up with FutureGov in the towering office of Singapore’s Urban Redevelopment Authority (URA) to discuss how governments should create structures, use technology, play policy games and include citizens to design solutions for the world’s toughest problems.
As globalisation makes the world ever more connected, the number of tough challenges like pandemics, financial crises and terrorism increase. Peter Ho, Singapore’s former Head of the Civil Service has dedicated a big chunk of his career to monitoring these strategic shocks, finding new ways to prepare for them and reduce their impact. Ho established Singapore’s Centre for Strategic Futures in 2009, a think tank within government that studies emerging issues and their implications on Singapore, and develops tools and conversations with agencies to help them consider an uncertain future systematically.
2015 is the first year that Keppel Telecom & Transport Ltd (SGX: K11) will be reporting its financial results after the spinoff of some of its data centre assetsinto Keppel DC REIT (SGX: AJBU) last December. And yesterday, Keppel T&T handed in its fiscal first quarter report card for the three months ended 31 March 2015. The company’s revenue for the quarter saw a 1.6% drop to S$47.9 million when pitted against the same quarter a year ago.
SINGAPORE: The Republic is well-positioned to embark on its Smart Nation vision, due to its strong institutional capabilities and judiciary system, according to an International Communication Union (ITU) executive. In an interview with Channel NewsAsia on Wednesday (Apr 15), Cybersecurity Coordinator Marco Obiso noted that Singapore already has a strong national Computer Emergency Response Team (CERT), and trained pool of workers. He added that Singapore’s judicial system is “very, very strong”, having translated cybersecurity issues into legislation.
Verizon has expanded its cloud offering in Hong Kong, Melbourne and Singapore. The new services are designed to meet the demand for secure, enterprise-grade cloud capabilities as opportunities for multinational companies in the region grow. The enhancements offer customers improvements in memory, storage and network uptime, as well as enhanced flexibility and control. Verizon Cloud customers can now request a specific amount of computing, memory and storage capacity, in addition to the existing preset virtual machine configurations.
WHILE regulation around access to and use of data domestically and internationally is being hashed out, the fact remains that adopting cloud computing services offer organisations numerous benefits. Which was why Singapore took a strategic approach in developing its cloud ecosystem, according to Dr Lee Hing Yan, director of the National Cloud Computing Office under the Infocomm Development Authority (IDA) of Singapore.
Singaporean and overseas startups are getting a new acceleration program to help them in their first fledgling steps to market. The SAP Startup Focus Acceleration Program is the self-explanatory title of an initiative undertaken by Singapore’s Infocomm Development Authority,enterprise software firm SAP Asia, and investment firm August Capital Partners. The program has a duration of two years and is open to all technology-based startups that are looking into smart city solutions based on data and analytics.
Inventec is considering setting up factories in Japan and Singapore in 2015, according to company chairman Richard Lee. Japan-based clients, due to depreciation of the Japanese yen against the US dollar, have recently asked Inventec to set up assembly lines locally, Lee indicated. In view of business opportunities arising from the 2020 Olympic Games to take place in Tokyo, it is necessary to set up a factory for assembling products in Japan, Lee said.
Southeast Asia’s largest telecommunications operator Singapore Telecommunications will acquire US-based cybersecurity firm Trustwave for US$810 million (A$1 billion) in an effort to expand itscloud-based services. Trustwave will continue to operate as a stand-alone business unit, Singtel said. Its headquarters will remain in Chicago. “It will leverage Singtel Group Enterprise’s assets and market presence to broaden its overall security portfolio and address the fast growing emerging security market opportunity in the Asia Pacific region,” Singtel said in a statement.
Stripe may be making its way to the Singapore market, if certain reports from local entrepreneurs are accurate. The US-based company that provides web and mobile payment methods to online businesses has seemingly been testing the waters in the area, where competing service Braintree has already established a presence. Stripe has been making waves in the online payments field since going public in 2011 and has received funding from such heavyweights as Sequoia Capital and Andreessen Horowitz.
Silicon Cloud International, a company that delivers secure and private cloud computing infrastructure, revealed that its second cloud centre has been operational in Singapore since March 2015. The cloud centre promises to offer a modern design enablement infrastructure and framework for Internet of Things (IoT) node designs. The cloud hardware is hosted in the Singapore University of Technology and Design (SUTD) and will support IoT research and design worldwide. To establish this centre, Silicon Cloud has received funding from SPRING Singapore’s Technology Enterprise Commercialisation Scheme and equipment from Cisco.
A NEW public cloud platform made its Asian debut with the official launch of CenturyLink Cloud last month, a move which CenturyLink said was aimed at better serving the changing needs of businesses in the Asia Pacific region. The platform – available in the United States, United Kingdom, Canada, Germany, and now in this region through one of CenturyLink’s data centres in Singapore – delivers enterprise-class control, agility, scalability and security backed by a global network, the company claimed.
Singapore’s Cyber Security Agency (CSA) has this week started work, after being announced late last year by the Prime Minister. PM Lee Hsien Loong said on November 24 that “we already have cyber security duties residing in Ministry of Home Affairs and the Infocomm Development Authority. But I do not think that they are as strong as we would like them to be. We need to reorganise them, to strengthen our system and our institutions.”
Singapore has just delivered the first phase of its three-stage masterplan for a new capital city in the Indian state of Andhra Pradesh. The Capital Region Plan (pictured above) sets out a strategy for bringing together existing towns and cities, giving them dedicated economic purposes and planning for increased connectivity and transport links. The plan also looks to protect local heritage sites, includes a demographic study, and plans for spaces to allow continued agricultural work.
Florida-based Atlantic.net’s infrastructure is set to expand with another cloud data center in New York, as well as new international locations in Singapore and the U.K. Atlantic.net began as a dial-up provider, moved into the colo business, and eventually offered a regional Virtual Private Server offering. The VPS business grew, prompting expansion to Toronto, Canada, and Dallas, followed by the company’s first West Coast data center location with Telx in San Francisco. CEO Marty Puranik said San Francisco was the fastest-growing region in company history.