, Singapore

Daily Briefing: Three in four students expect starting pay of over $3,000; EPS to co-launch global maritime accelerator

And Taiwan’s cloud provider CloudMile plans to enter Singapore in 2020.

From HumanResourcesOnline:

Three in four or 75.9% of Singaporean students expect more than $3,000 starting pay from their first job, according to a survey CareerBuilder. 23.8% of respondents were expecting more than $4,000 from their first job.

The respondents, composed of GCE ‘A’ Level and International Baccalaureate (IB) students and graduates, polytechnic students, and university undergraduates, kept ‘career growth and opportunities’ as the top attribute of their ideal job.

They also placed an increasing emphasis on ‘job security’ as a key criterion of their ideal job. The attribute rose from third in 2018 to second place in 2019, overtaking ‘interesting job scope’ (3rd place).

Read more here.

From e27:

Singapore-based shipping company Eastern Pacific Shipping (EPS), has partnered with early-stage investor and accelerator Techstars to launch the dedicated global maritime accelerator Eastern Pacific Accelerato.

The accelerator has selected nine startups for its first class. The class was chosen with consideration and input from EPS’ Operations, Marine Technical, Commercial, IT, Fleet Personnel, and management teams, all who would work closely with each startup to test their technologies and accelerate their businesses.

It also aims to bring digital, technology-led solutions to problems faced by the shipping and maritime industry. From November 2019, the nine startups will go through a three-month programme of research and development, mentorship, and collaboration at EPS headquarters in Singapore.

Read more here.

From DealStreetAsia:

Taiwan-based AI-backed cloud service provider CloudMile expects to enter Singapore by 2020 and set up its ‘operation headquarters’ in the city-state. For that, CloudMile has roped in a local operational and technical team in the country.

The company has raised US$6m in a pre-series B round from a slew of investors, according to an announcement. It will be used to expand its operations into the overseas market and spruce up its R&D to boost its AI product development in a bid to provide premium AI and cloud services to its clients.

Those who participated in the round include CDIB Capital Management, Black Marble Capital Management and Taiwan Cooperative Venture Capital.

Read more here.

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