The unprecedented COVID-19 pandemic has posed severe challenges for the global economy and supply chains have been in the eye of the storm. Amid heightened geopolitical tensions, some countries are considering moving supply chains out of China. However, as a recent research study by...
As Singapore re-opened her economy, government measures have shifted from containment to restructuring, while continuing support for Singaporeans, workers, and businesses. Broad-based support has transitioned into more targeted efforts for firms, especially those in the hardest-hit sectors. At the same time, measures were introduced to preserve core...
Singapore’s Budget 2021 was delivered by Deputy Prime Minister Heng Swee Keat on 16 February. Coming after a challenging year where COVID-19 has created major upheavals worldwide, the budget indicates a shift in government measures from “containment to restructuring, while continuing our support for Singaporeans, workers, and...
Wendong Li, Associate Professor at the Department of Management at The Chinese University of Hong Kong (CUHK) Business School teamed up with seven other academics to examine whether taking on a leadership role -- along with the added job responsibilities -- can actually change people's personality traits. 
Even before the COVID-19 pandemic brought seismic changes to the way we work, there has been a clear need for more efforts in reskilling and upskilling. Says Rayvan Ho, Founder and CEO of ACKTEC, a Singapore based edtech startup, “In 2019, only 17% of employees in Singapore...
External attacks on companies result in the most expensive cyber-insurance losses but it is employee mistakes and technical problems that are the most frequent generator of claims by number, according to a report from Allianz Global Corporate & Specialty (AGCS), Managing The Impact Of Increasing Interconnectivity -- Trends In...
Just how much of the global service industry will be left standing by the time COVID-19 is brought under control is anybody's guess. In the U.S., an industry association said restaurants across the country were on track to lose US$240 billion in revenues by the end of 2020.
Despite the challenges and disruptions of COVID-19, the regional Financial Services Industry (FSI) has continued to forge ahead and accelerate the pace of digitization in response to the pandemic, according to findings by Microsoft-IDC.   Unveiling the FSI findings of the culture of innovation...
Realising that business transformation in the post-COVID world is inevitable, companies are turning to AI platforms and technology to accelerate their transformation. Beyond digital payments and online retail, internal business processes are also being enhanced by new technology. One such company is CrimsonLogic which...
As the business climate begins to show signs of recovery moving into 2021, experts share their insights on where companies can focus their attention in order to leverage the momentum of the new year. Digitalisation The COVID-19 crisis has highlighted the...