Tech and Business: Research shows that local small businesses are found to benefit from mobile payment modes.
“It was not obvious from the data that PayLah! helped merchants to grow sales though, the study pointed out.
The QR code mobile payment method promoted sales growth primarily for new businesses by enabling them to acquire more customers, it added.
“The development of mobile payments plays a critical role in Singapore’s goal of becoming a cashless society,” said Prof Agarwal.
“The findings also provide important input for discussions about financial technology (fintech) and digitisation by offering new insights on the real economic effect of improved payment convenience and efficiency.””
Read the full article on ChannelNewsAsia: Singapore’s small merchants benefit most from mobile wallet use: NUS survey
Same-sex family adoption: Singapore courts ruled in favour of a gay parent adopting a surrogate child, when the Ministry of Social and Family Development had previously opposed the appeal.
“”MSF had opposed the appeal because, amongst others, the adoption would be contrary to public policy against the formation of same-sex family units,” said the MSF spokesperson. “The applicant had also gone overseas for surrogacy to form a single parent household, when surrogacy is not permitted in Singapore.
“We encourage parenthood within marriage, as this is the norm in our society,” said the spokesperson. “We do not support the formation of same-sex family units.”
The ministry notes that the High Court recognised the existence of both such policies, added the spokesperson.
“However, the court concluded with not insignificant difficulty that an adoption order ought to be made in this case because it would advance the child’s welfare, which the court found is ‘first and paramount’,” the spokesperson said.”
Read the full article on ChannelNewsAsia: Court ruling on gay father’s adoption appeal: MSF says to consider if policies need to be reviewed
Cloning technology: A company in China is providing pet cloning services to pet-owners who want to spend more time with their ageing pets
“A mongrel stray adopted off the streets, the nine year-old Juice – or “Guozhi” in Mandarin – is unable to reproduce since he was neutered from an early age. But his master, animal trainer He Jun, wants to continue his star pooch’s image by making a genetic clone.
“Juice himself is a piece of intellectual property with social influence,” said He.
To achieve that, Mr He went to Sinogene, China’s first biotech company to provide pet cloning services. Sinogene made headlines when it successfully cloned a gene-edited beagle in May last year. A month later, it launched commercial cloning services.”
Read the full article on The Straits Times: Two of a kind: China’s first pet cloning service duplicates star pooch