Among the five ASEAN countries covered in the UOB ASEAN Consumer Sentiment Study, which aims to provide a better understanding of ASEAN consumers at a time when the region is undergoing deep social and economic transformation, Singapore saw the second highest share of consumers (70 per cent) who said...
PlanetSpark has announced the launch of PlanetSpark Innovation Centre, the first hardware-targeted accelerator for Artificial Intelligence of Things (AIoT) innovations, dedicated to supporting Singapore tech startups speed up market deployment.Supported by Enterprise Singapore and backed by Excelpoint, PlanetSpark will invest an initial S$5 million to expand the centre's engineering...
Digital payments have received an unambiguous boost in Singapore, prompted largely by changes to shopping behaviour during the pandemic, according to the results of the UOB ASEAN Consumer Sentiment Study. Seven in 10 consumers here said that since the onset of the COVID-19 virus, they have increased their use of...
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 partners governments globally providing products and...
In 2020, the world experienced an unprecedented public health crisis – the coronavirus pandemic.  This has impacted all sectors of society and forced enterprises, small businesses, governments and private institutions to pivot, in some cases extensively, to accelerate digital transformations and rethink the way innovation is achieved. Keysight executives comment...
Bank DBS Indonesia’s research team recently conducted a survey involving more than 500 respondents in Java, including Jakarta and several small regions outside Java, entitled “Indonesia Consumption Basket”. The survey found that the number of e-commerce customers in Indonesia rose to 66% after the COVID-19 pandemic hit the country as a direct...
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 importance for businesses to digitalise, whether to build resilience in...
The “DBS Digital Treasurer 2020” survey has revealed that businesses in Indonesia ranked third in terms of digitalisation capability among Southeast Asian countries and ranked seventh across the Asia-Pacific.Polling around 1,700 corporate treasurers, CEOs, CFOs, and business owners across the Asia-Pacific (APAC), the survey showed that in terms of...
OCBC Bank has seen a surge in the use of PayNow by its small and medium enterprise (SME) customers, among whom seven of every 10 have registered for the funds transfer service. The volume of PayNow transactions by the bank’s SME customers in the first 10 months of 2020...
JustCo, a co-working company, has launched its Digital Future of Work Platform at an event officiated by Singapore's Minister for Trade and Industry Mr. Chan Chun Sing. JustCo's new platform uses digital technology to enable users to decide where and how to work, depending on each individual's unique needs. Diverse...