As brands adopt generative AI (GenAI) to personalize interactions, a new challenge arises: AI hallucination. This occurs when AI-generated content deviates from facts and accurate information, leading to unintentional misinformation. Building a strong reputation, credibility, and customer trust requires brands to address the potential...
Following two years of high but stable loss activity, 2023 has seen a worrying resurgence in ransomware and extortion claims as the cyber threat landscape continues to evolve, Allianz Commercial warns in a new report.Hackers are increasingly targeting IT and physical supply chains, launching mass cyber-attacks, and...
PropertyGuru, announced on 12 March its expansion into home finance with the launch of its mortgage marketplace, ‘PropertyGuru Finance’. Through this venture, PropertyGuru aims to assist Singaporeans in saving money on their home loans in the long term, as well as simplify their...
Microsoft and Generation, a global nonprofit founded by McKinsey & Co, are partnering Digital Industry Singapore (DISG), Infocomm Media Development Authority (IMDA) and SkillsFuture Singapore (SSG) to upskill, place, and fill demand for tech-enabled jobs for up to 1,000 Singaporeans as part of the SGUnited Jobs and Skills Package. Titled #GetReadySG, the...
AI Singapore (AISG) has launched its AI Readiness Index (AIRI), a comprehensive and easy-to-implement business-focused framework that helps organisations to self-assess the status of their artificial intelligence (AI) adoption readiness. AIRI, Singapore's first-of-its-kind, will help these businesses to measure their latest AI adoption and...
The pandemic and pandemic-related restrictions have further accelerated online sales growth, with Asia Pacific leading the charge. In 2020, e-commerce comprised half of the retail sales in Asia Pacific, and is expected to grow by 10 percent to 61 percent in 2025. This growth can...
Minister-in-charge of Trade Relations S Iswaran and French Minister Delegate for Foreign Trade and Economic Attractiveness Franck Riester have signed the France-Singapore Digital and Green Partnership (DGP) at a virtual signing ceremony. The DGP provides a structured platform for France and Singapore to cooperate...
As the world hopefully awaits the end of the pandemic, Kiwi small businesses have found a lifeline in digitization to sustain their operations moving forward. This was revealed through a survey by Crazy Domains earlier this year. COVID-19 has shut down small to mid-sized...
Asia can defy a global economic slowdown in 2023 through an acceleration in digital transformation, greater regional coordination, and balanced monetary policies, according to new research from the London-based think tank, Asia House.  The Asia House Annual Outlook 2023 examines how Asia's economies can prevail and deliver robust...
Every significant stride in human history has hinged on one key factor: communication. Our world, our societies, and our cultures have been shaped by our ability to connect and share ideas, stories, and knowledge. The advent of computers and the internet supercharged this exchange, facilitating unprecedented levels...