The Jobs Transformation Map for the Information and Communications (I&C) workforce has identified emerging tech trends that can impact future jobs. Some I&C job roles have also been identified as areas where workers may face the risk of being displaced as jobs evolve with rapid...
As Singapore emerges into a post-pandemic economy, businesses should go beyond adapting and surviving, and move to accelerate structural adaptations which will help to emerge stronger. In line with this, Budget 2021 has reaffirmed the government’s commitment to digital transformation through funding for new initiatives and...
Singapore has ranked as the world’s most competitive economy for the first time since 2010, according to the IMD World Competitiveness Rankings. The United States slipped from the top spot, while economic uncertainty took its toll on conditions in Europe. Singapore’s rise to the...
SWIFT and Singapore’s Infocomm Media Development Authority (IMDA) have signed a Memorandum of Intent (MOI) to accelerate trade digitalisation globally. The MOI looks at offering SWIFT’s community of more than 11,000 financial institutions and corporates in over 200 countries and territories more efficient and...
Singapore’s Ministry of Trade and Industry (MTI) has downgraded the Singapore’s GDP growth for 2019 at 1.5 to 2.5 per cent. In the last Economic Survey of Singapore published in February, MTI highlighted that growth in most of the key advanced and regional economies...
Razer Fintech, the financial technology arm of Razer Inc, a lifestyle brand for gamers, announced that it has submitted its application for the Digital Full Bank License to be issued by the Monetary Authority of Singapore (“MAS”). Should Razer Fintech and its consortium be...
With the consumer world waking up and jumping on the bandwagon of Generative AI, new research by the Data Protection Excellence Centre, the research arm of Straits Interactive, has unveiled significant privacy concerns in Generative AI desktop applications, particularly among start-ups and individual developers.
To further support tourism businesses during the circuit breaker and to give them a headstart for recovery, the Singapore Tourism Board (STB) has rolled out several new initiatives to help them engage their customers, strengthen their business foundations and deepen their manpower capabilities. For travel agents, there...
In the past year, Enterprise Singapore (ESG) and the Singapore Standards Council (SSC) have developed and reviewed over 168 Singapore Standards and Technical References, impacting 13,000 organisations. 91 of these standards were new, with close to 70% focused on emerging areas most of which...
The Infocomm Media Development Authority (IMDA) and Enterprise Singapore launched Start Digital, an initiative of the SMEs Go Digital programme. Start Digital will enable new SMEs to get a head start with two foundational digital solutions - with costs waived for minimum six months – to accelerate...