Disruption and Digitalisation

SINGAPORE (May 8): Singapore-based ride-hailing company Grab has mandated a few banks to approach potential investors to take minority stakes in its financial services business as it looks to spin off the unit, according to two people familiar with the matter. Grab has adopted an aggressive strategy to expand its range of services, from transport to food delivery and payments, as it races ...

SINGAPORE (May 2): Despite acknowledging the significance of digital transformation as a stepping stone to achieve their business goals, Asia Pacific businesses are still suffering from a lack of digital competencies, according to new research by the Economist Intelligent Unit (EIU). Commissioned by digital performance company Riverbed, the study is based on survey results from over 500 senior ...

SINGAPORE (April 16): Small and medium businesses (SMBs) in Singapore has emerged top among 14 Asia Pacific countries in Cisco’s APAC SMB Digital Maturity Index, but not without facing challenges in their digital transformation journeys. According to the Index results released by the security firm today, the top three hurdles cited by respondents was a lack of digital skills and talent ...

SINGAPORE (Mar 27): Customers can now look forward to booking their holidays – flight tickets, hotels and travel insurance – on the soon-to-be-launched DBS Travel Marketplace, on a single integrated platform. This came about as DBS Bank and Singapore Airlines (SIA) today signed a memorandum of understanding (MOU) to enhance digital capabilities across various digital platforms, enabling a ...