Industry News

Bosch Home Appliances Singapore has introduced its latest campaign, Care #LikeABosch, aiming to bring an emotional touch to modern home living. Launched on 11 June 2025, the campaign highlights how Bosch’s appliances, designed with care and convenience in mind, can simplify daily routines for Singaporean households.

The campaign moves beyond mere technical specifications, telling a human story of how appliances like water-efficient dishwashers and stress-free ovens become reliable partners in everyday life. It acknowledges the challenges faced by Singaporeans, such as fast-paced routines and limited living spaces, and showcases how Bosch’s smart appliances can alleviate these pressures, allowing more time for what truly matters.

Each month, new videos will be released, focusing on different appliances and the intelligent innovations that ensure their dependable performance. The campaign is exclusive to Singapore and will be featured on Bosch Home SG’s social media platforms, including Facebook, Instagram, and YouTube.

By spotlighting the emotional and practical benefits of its products, Bosch aims to resonate with consumers seeking more than just functionality in their home appliances. As the campaign unfolds, it promises to offer insights into how thoughtfully designed technology can enhance the quality of life at home.
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COURTS Singapore is celebrating Father’s Day with a range of exclusive deals on popular household items, available until 30 June 2025. Shoppers can find the perfect gift for their father figures with discounts on items such as coffee machines, shavers, and massage chairs.

Among the highlighted offers is the OSIM uCozy 3D Neck & Shoulder Massager, available for $99, down from its regular price of $199, until 15 June 2025. This lightweight massager promises to relieve tension with its 3D massage nodes and dual-directional kneading.

For those looking to upgrade their dad’s grooming routine, the Braun Series 6 Wet & Dry Shaver is on offer for $99, reduced from $259, until the end of June. This shaver features Autosense Technology, adjusting to beard density for a smooth shave, and is fully waterproof for versatile use.

Coffee enthusiasts can enjoy the De’Longhi Fully Automatic Coffee Machine, priced at $1,245, a discount from its usual $1,499. This machine offers seven one-touch drinks and features a built-in grinder for fresh coffee every time.

Additionally, the OSIM uThrone V Gaming Massage Chair is available for $699, a significant reduction from its original price of $1,599, until 15 June 2025. Designed for gamers, it offers targeted relief with advanced massage technology.

Lastly, the Cornell CAPS01WH Air Purifier is offered at $98, down from $159, until 16 June 2025. This purifier is designed for large spaces and promises cleaner air with its 360° intake and high CADR.

These deals provide an opportunity to show appreciation for fathers with thoughtful gifts that combine practicality and luxury.
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SIGEP Asia 2025, organised by IEG Asia, is set to return to Marina Bay Sands, Singapore, from 16 to 18 July 2025. This premier tradeshow will showcase a diverse range of offerings in coffee, tea, pastry, chocolate, gelato, bakery, and pizza, alongside cutting-edge technologies and services essential for the speciality food and beverage (F&B) and hospitality sectors. Co-located with Restaurant Asia 2025, the event aims to foster innovation, sustainability, and regional collaboration.

The tradeshow will feature national pavilions and industry-leading brands, including the Italian Trade Agency Pavilion with top Made in Italy brands, and the Yamaguchi Prefecture Pavilion showcasing artisan gelato and speciality coffee from Japan. The Taiwanese Tea Showcase will also be a highlight, featuring the Taiwan Tea Creative Industries Association.

Fringe events will include culinary demonstrations by award-winning pastry chef Janice Wong, who will present chocolate creations in collaboration with Valrhona. The Panettone World Cup’s first Asian selection and pizza demos led by Italy’s Nazionale Italiana Pizzaioli will also be featured. Additionally, the International Food & Beverage Association will host a roundtable discussion on regional collaboration and consumer trends.

New product launches will include smart service robotics by Robotech and sustainable seafood from Papua New Guinea by Bountiful Harvest. The event will also offer a Visitor Xperience Programme, providing trade guests with exclusive dining privileges and networking opportunities.

The Hosted Buyer Programme will bring over 100 C-suite executives from ASEAN, APAC, and the Middle East to network with exhibitors, culminating in a networking reception at MONTI restaurant.
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KGI Securities Singapore has successfully implemented Scila Risk, a cutting-edge risk management platform, to consolidate its legacy systems for equities and derivatives trading into a single, comprehensive solution. This strategic move, announced by Scila AB, aims to provide KGI with a holistic, real-time view of risk exposure, optimised collateral utilisation, and increased trading capacity.

The implementation of Scila Risk marks a significant advancement for KGI, a leading player on the Singapore Exchange. The platform’s multi-asset capabilities allow KGI to manage risk across equities, commodities, FX derivatives, and Spot FX within a unified system. This integration is designed to enhance efficiency and provide a competitive edge in the volatile financial markets.

Ken Ong, CEO of KGI Securities Singapore, highlighted the benefits of the new system: “With Scila Risk, we’ve gained a consolidated real-time view of our risk exposure, optimised our collateral utilisation, and unlocked new levels of trading capacity. This directly translates to improved collateral efficiency, freeing up capital for trading, and reduced costs.”

Scila Risk’s advanced features, such as “time warp” analysis and “what-if” simulations, offer KGI deeper insights into potential market scenarios. The platform’s ability to handle a wide range of instruments and market models ensures scalability and flexibility, allowing KGI to adapt to future market changes and regulatory requirements.

Mikko Andersson, CEO of Scila, expressed enthusiasm for the collaboration, stating that the implementation demonstrates the transformative impact of Scila’s technology on risk management operations. The partnership between KGI and Scila is expected to drive further innovation in the financial services sector.
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ServiceNow has launched the ServiceNow Protected Platform Singapore (SPP-SG), a secure cloud platform aimed at boosting AI innovation across Singapore’s government and regulated sectors. In a strategic move, ServiceNow has partnered with Nanyang Polytechnic (NYP) to provide students with practical AI experience, aligning with Singapore’s digital economy goals.

The collaboration aims to train over 1,500 students by 2030, equipping them with in-demand AI skills. Students will develop real-world AI solutions on the SPP-SG platform, addressing public sector challenges. This initiative bridges academic learning with practical application, contributing to Singapore’s Smart Nation vision.

The SPP-SG platform, built on Microsoft Azure, meets Singapore’s stringent data residency and security requirements, offering a trusted environment for innovation. Pat Casey, ServiceNow’s Chief Technology Officer, stated, “This marks a pivotal moment in our commitment to Singapore – a nation that has long set the standard for secure, responsible innovation.”

NYP students will also benefit from industry certifications and applied research projects, enhancing their employability in an AI-driven economy. The platform’s robust security processes are certified against international standards, with plans to achieve Singapore’s MTCS Level 3 certification, ensuring compliance and security for public sector data.

This collaboration not only supports Singapore’s digital transformation but also positions NYP as a testbed for new innovations from the ServiceNow Digital Innovation Hub, fostering a future-ready workforce.
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TerraPay, a global money movement company, has announced a strategic partnership with Whalet, a leading smart payment provider, to facilitate seamless cross-border payouts worldwide. This collaboration is designed to improve payment efficiency for Whalet’s core clientele—cross-border sellers from the Asia-Pacific region—by simplifying international financial transactions.

Whalet offers small and medium-sized enterprises (SMEs) a suite of global payment solutions, including one-click store setup, pay-ins, payouts, global accounts, currency exchange, and card issuance. With payment licences in Singapore, the US, and Hong Kong SAR, Whalet ensures compliance and cost-effective operations for businesses expanding globally. Nicholas Liao, Founder and CEO of Whalet, stated, “Partnering with TerraPay strengthens our ability to offer reliable payouts for cross-border trade enterprises and e-commerce marketplace sellers.”

TerraPay will enable Whalet to scale its payout capabilities, providing secure and compliant payment corridors across multiple regions. By integrating TerraPay’s technology, Whalet can streamline transactions, reducing settlement complexities and operational inefficiencies. Sukesh Malliah, Vice President – IMT (APAC) at TerraPay, commented, “This partnership enhances global payouts, ensuring businesses can move funds effortlessly.”

The collaboration addresses the growing demand for scalable, multi-rail payment solutions that support diverse financial ecosystems. With digital wallets playing an increasing role in simplifying cross-border transactions, this partnership ensures businesses can access reliable payout networks tailored to their expansion needs. TerraPay and Whalet are committed to building a global financial ecosystem that supports SMEs in their growth journey.
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Investbanq, a Singapore-based AI-powered wealth management platform, has successfully raised $3m in a Pre-Series A funding round. The investment, led by Constructor Capital, Orvel, and Big Sky Capital, highlights the increasing demand for advanced WealthTech solutions. This funding will enable Investbanq to expand its team, enhance its platform with cutting-edge asset management tools, and accelerate growth across Asia and the Middle East and North Africa (MENA) region.

Investbanq has gained international recognition by winning the “Meet The Drapers” startup show and receiving the Global Private Banker’s Best WealthTech AI award. The company’s WealthOS product is designed to manage the growing capital pools of affluent millennials and digitally native investors, offering real-time portfolio diversification and rapid onboarding processes.

Dr Serg Bell, Founder and Chairman of Constructor Capital, noted the exponential growth in demand for advanced wealth management, driven by generative AI. Yerkin Tatishev, Chairman of the Board at Kusto Group, expressed confidence in Investbanq’s strategic and responsible approach, stating, “I invested because I believe in him and the team he’s built.”

Investbanq’s co-founder and CEO, Oz Zhiyenkul, emphasised the company’s mission to create a world where wealth can be mastered, grown, and passed on with confidence. The platform’s AI-powered advisory services, combined with strategic regulatory coverage across Singapore, Dubai, and Kazakhstan, aim to fill a market gap in emerging markets where traditional private banking solutions are often lacking.
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Singapore is emerging as a leader in artificial intelligence (AI) investment, with 27% of its businesses allocating over S$1.28m annually to AI initiatives, according to Colt Technology Services’ latest IT Priorities Research. This places Singapore ahead of the UK and the US, where only 18% and 14% of businesses, respectively, invest similar amounts.

The research, which surveyed over 1,200 IT leaders from companies with annual revenues of at least $100m (US$100m) across 13 countries, highlights Singapore’s strategic focus on AI-driven innovation and cybersecurity. The city-state’s commitment is bolstered by national initiatives such as the S$1b National AI Strategy 2.0 and a robust ecosystem of public-private collaboration.

Globally, AI-driven innovation and product development are top priorities, with 34% of organisations focusing on these areas. Singapore mirrors these trends, with a strong emphasis on cybersecurity and operational task automation. The government has already invested S$500m in high-performance computing resources and over S$20m to nurture AI talent, aiming to triple the AI workforce in five years.

Shirley Heng, Country Manager of Colt Technology Services Singapore, noted the significance of the Johor-Singapore Special Economic Zone as a future hub for AI and data infrastructure. “There will definitely be a stronger need for high bandwidth network infrastructure that’s not just fast, but agile and ready to evolve,” she said.

Singapore’s advanced digital infrastructure has attracted global tech giants like OpenAI and Amazon Web Services, further reinforcing its status as a digital innovation hub. As businesses continue to expand their AI capabilities, Colt remains committed to supporting these ambitions with secure, high-performance digital infrastructure.

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NBA All-Star Domantas Sabonis and two-time WNBA champion Lauren Jackson are set to headline the inaugural NBA Rising Stars Invitational in Singapore from 25 to 29 June. The event, held at the Kallang Tennis Hub, will showcase boys’ and girls’ teams from 11 countries across the Asia-Pacific region, marking the league’s first regional high-school basketball tournament.

Joining Sabonis and Jackson are Phoenix Suns players Ryan Dunn and Oso Ighodaro, along with B.LEAGUE player Keisei Tominaga. NBA Legend Yao Ming will also make special appearances, including attending the opening ceremony on 25 June. Sabonis expressed his excitement, stating, “Basketball is a global game, and I look forward to watching the next generation of Asia’s top boys and girls players compete against their peers on this new stage.”

The tournament will feature a mix of round-robin play and single-elimination matches, culminating in the finals on 29 June. Participating teams include high schools from countries such as Australia, China, and the Philippines, with Singapore represented by Anglo-Chinese Junior College, Hwa Chong Institution, and United World College South East Asia Dover.

The NBA Rising Stars Invitational is part of a multi-year collaboration with Sport Singapore and the Singapore Tourism Board. It aims to promote skill development and cultural exchange among young athletes. Top performers will have the chance to attend future NBA development camps and programmes.

Fans can follow the event on Instagram and redeem free tickets via the NBA’s official website.
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V Mansion Boutique Hotel and Athena Hotel in Laos have transitioned to Hotelogix’s multi-property management system to streamline their operations. This move, announced by Hotelogix, a Singapore-based cloud-based hospitality technology provider, also includes Souphattra Serviced Apartment, another property under the Souphattra Hotels & Resorts brand. The upgrade aims to modernise management processes, automate daily functions, and support scalable growth through digital transformation.

The Souphattra Hotels & Resorts group, known for its luxury boutique properties in Laos, manages six hotels and has received accolades such as the ASEAN Green Hotel Standard 2024-2026 and the 2022 World Luxury Hotel Award. Douangchanh Chanhma, Manager at Souphattra Hotel Luang Prabang, stated, “We chose to move away from legacy, server-based systems because it couldn’t offer us the flexibility and central-level visibility we needed across properties.”

Hotelogix’s system provides centralised control over operations, crucial for maintaining brand standards and streamlining workflows. It also offers real-time data access via a Mobile Hotel PMS App, enabling faster decision-making. “With Hotelogix, we’re not just upgrading our technology platform—we’re future-proofing our operations,” Chanhma added.

Sivaprasad Gangadharan, Chief Sales Officer of Hotelogix, expressed excitement about the partnership, stating, “Popular and guest-centric brands like V Mansion Boutique Hotel, Athena Hotel, and Souphattra Serviced Apartment adopting Hotelogix underscores our solution’s usefulness for centralised operations.”

Hotelogix, trusted by over 12,000 hotels globally, continues to set benchmarks in efficient property management and guest service.
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