Commentary

Why SMEs in Singapore must innovate to survive

Entrepreneurs are a unique breed of individuals. They are original thinkers with extraordinary toughness. Successful entrepreneurs are often lauded for the achievements, and behind that success is a lot of hard work – keeping on the right track can be difficult but the true challenge lies in staying relevant. This challenge requires innovation and also sometimes re-invention, aided by technology to stay relevant in this increasingly digital world.

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Why SMEs in Singapore must innovate to survive

Commentary

Here's a contemporary approach for Singaporean investors

Against the current background of Brexit and the US elections, low yields have somewhat become a problem for savers and retirees of this generation. And with the passage of time it has only become increasingly difficult to find financial instruments which offer at least a decent payout – for a reasonable amount of risk. However investors remain optimistic and continue their search for higher returns.

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Why omni-channel payments need to be the new norm in retail

Electronic payments account for 69%1 of consumer transactions in Singapore – just slightly higher than the global average of 65%. The country’s e-commerce market, valued at US$1.39b in 2015, is predicted to exceed S$7b in 2025 with 60% of consumers saying they bought products online at least once a month2 – some even showing a growing preference to shop online and pick up their purchases in-store.

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Disruptive innovations: The case of the airline industry

According to academics and scholars – such as Clayton Christensen, the father of disruptive innovation theory – disruptive technologies or innovations have several attributes.

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2 converging investment opportunities for 2017

2016 had been a year of surprises; conventional wisdom had been turned on its head. The year started with the crash of the Chinese stock market which the authorities had assured wouldn’t happen for a third time.

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MAS regulatory changes create new job opportunities in audit, risk & compliance

The Monetary Authority of Singapore's regulatory changes in 2016 and planned reforms throughout 2017 has seen many financial institutions launch a recruitment drive for regulatory reporting professionals and risk control experts.

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Incentivising R&D: How have our R&D tax measures performed and what's next?

As the clock runs down on 2016 and with people in a reflective mood, it is perhaps the perfect time to take stock of how the Singapore Government’s PIC-R&D tax incentive has performed as the PIC scheme itself draws to a close after the end of 2017.

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Envisioning the future academy

What do you hope to see in the future of education? Society has progressed greatly over the past few decades, whether in the form of technological advancements or an understanding of human behaviour. Singapore has welcomed artificial intelligence and machines into the workforce, cracked down on gender stereotypes, championed causes to improve human rights, and made efforts to make the world a better place to live and work in.

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Why Southeast Asian businesses should foster a collaborative workplace

While we have been 'collaborating' since the dawn of time, today's collaboration takes place in many ways and over many mediums, anywhere in the world. Driven by globalisation, ubiquity of access, and the consumerisation of communications technologies, workplaces have been evolving to suit how people want to work.

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Pulse check: 4 predictions for Singapore's healthcare in 2017

Since gaining its independence a little over half a century ago, Singapore has made giant strides forward and stands out not only within the Southeast Asia region but also the world. In particular, healthcare in the country has been exemplary, with Singapore recently sharing the top spot with Iceland and Sweden in a ranking by the United Nations of the healthiest places to live in the world1.

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A bird's eye view of temporary and contract employment in Singapore

Is contracting the new normal? With offshoring, redundancies, and talks of economic slowdown, it’s quite a respite to see optimism in the contracting space with demand for contractual workers on the rise in 2016 and beyond.

Commentary

What can digital services learn from Singtel's latest outage?

About two weeks ago, Singtel's subscribers were greeted by an outage of fixed broadband services lasting more than 20 hours. This, understandably, caused much consternation, together with relief when the problem was resolved the following Sunday.

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MatchMove: Business model evolution

It was January 2014, and Shailash Naik, CEO of MatchMove Global Pte Ltd was pleased. MatchMove, an online entertainment service provider, had just been ranked 25th out of the 500 fastest-growing technology companies in the 2013 Deloitte Technology Fast 500 Asia Pacific ranking.

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Jim Rogers tells us when to sell and which bubbles to watch

History repeats itself… especially in the world of investing. Jim Rogers (who happens to be a Singapore resident) made a fortune predicting major market events. He’s a history buff and knows that, as he says, “if you understand history, you're probably going to be a much better investor.”

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What firms need to know about securing their cloud migration

Cloud computing in Asia Pacific, especially in Singapore, is growing constantly in importance, and with its growth comes an increasing demand for cloud security. According to research firm IDC, the cloud computing market in Singapore is forecast to grow to about US$1b ($1.4b) by 2017.

Commentary

Navigating the complexities of cross-border investigations

With increased globalisation, multinational businesses are establishing more of a global footprint and there is an increased need to manage risks across jurisdictions. In the area of corporate compliance and investigations, there has been an increase in the number of compliance reviews and cross-border investigations. Investigators and compliance professionals in Singapore, which is a hub for many businesses whose regional headquarters are based in this city state, are often faced with the task of managing or coordinating these reviews and investigations.

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Cobotisation – the solution to Industry 4.0 in Singapore

Traditionally, robots sit in the factory within a finite space and with fixed rules, a safe distance away from its human operators. Today, the capabilities of robots have grown and humans and robots can almost work hand in hand. This may have resulted in the fear of robots for taking over jobs or the loss of the "human touch".

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