Did you know that if all Small Medium Enterprises (SMEs) were to close, GDP and world economies would collapse? SMEs are a fundamental part of the heart and economic engine of society, representing 90% of all businesses globally. According to the World Bank and...
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...
Small business owners often believe that cybercriminals are less likely to come for them because there are always ‘bigger fish to fry’. Unfortunately, this notion, coupled with limited resources, is putting small businesses at risk. The Cybersecurity Agency of Singapore (CSA) recently announced that...
South-East Asia (SE Asia) is home to various communities with different economic growth rates. According to global technology intelligence firm ABI Research, the Fixed Wireless Access (FWA) market will constitute 7.87 million subscriptions by 2028, growing at a CAGR of 13% between 2023 and 2028. This...
Research from Schneider Electric has revealed that almost half (45%) of industrial companies believe digitalization will be the primary reason that new operational technology (OT) job roles will be created in the next three years.The research, commissioned by Schneider Electric and carried out by global research leader Omdia, polled...
The world has become increasingly interconnected, and in an era marked by internationalization, e-commerce businesses are inevitably looking beyond their domestic markets to seize opportunities for growth on the global stage. However, shopping behaviors are changing worldwide as costs of living remain a top consumer concern. As...
Lux Research – a provider of tech-enabled research and advisory services – has issued a new report, "State of Innovation in Asia: Key Industries and Players Shaping Asia's Innovative Ecosystem." This report comes in the wake of Asia’s recent innovation boom in terms of R&D spending,...
DBS announced on 25 March a suite of digital solutions to support the F&B services industry which has about 8,000 establishments impacted by tightened safe distancing measures as a result of the COVID-19 situation.  With Singapore residents being encouraged to change their eating habits from dining out to...
The Singapore Business Federation (SBF), in partnership with Enterprise Singapore (ESG) will set up a $2.5 million Rising in Support of Enterprises (RISE) Fund and will partner the SBF Foundation in its $2 million industry-led Compassion Fund. These two initiatives aim to help businesses,...
In 2020, with uncertain times taking the world by a storm, many businesses have fallen victim to the pandemic and its devastating impact. During Singapore's circuit breaker, individuals and businesses alike, were constrained from many day-to-day activities in an attempt to curb the virus;...