, Singapore
124 views

Daily briefing: SG eyes becoming an e-commerce hub; MSO vendor reports “cyber incident”

And former Envy Global official face new charges in $1b investment case

From CNBC

The Singapore government plans to be an e-commerce hub as the digital economy in Asia continues to grow.

The pandemic has driven consumers to shop more online leading to a significant growth in the Southeast Asian region. In light of this, the government has partnered with Google to provide trainings in digital career.

Read more here.

From CNA

A Municipal Services Office (MSO) vendor has reported experiencing a “cyber incident” that led to data related to push notifications for MSO’s One Service application to be deleted.

According to the MSO, the app system and the users were not affected. It also assured that there was no personal identifiable information stored in the databases that were compromised.

Read more here.

From CNA

The former managing director of Envy Global Trading Ng Yu Zhi is facing 12 new charges, in relation to the $1b nickel investment scheme.

Ng allegedly misappropriated some $201.2m from the Envy Global Trading’s DBS bank account between August 2020 and February 2021.

Read more here.

 

Join Singapore Business Review community

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.