Digitisation

3 tech hurdles faced by Singapore's businesses despite being most digitally mature
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 ...
Local family businesses ready to embrace next-gen technologies, but less confident in talent: SAP
SINGAPORE (Feb 28): Local family businesses are most confident in utilising data analytics to drive their business success, as they prepare to put aside their traditional business models to meet future challenges with next-generation technologies. According to a new multi-country study which SAP commissioned from the The Economist Intelligence Unit (TEIU), family businesses in Singapore who ...
Here's how Singapore's organisations can retain their top talent
SINGAPORE (Feb 27): Fostering human connections is a significant factor in retaining employees who value job security, especially in Singapore. This is according to Mercer’s 2019 Global Talent Trends study, which surveys over 7,300 senior business executives, human resources (HR) leaders and employees from nine key industries across 16 geographies around the world. Based on its ...
DBS tops Asean list for Brand Finance's most valuable banking brands in 2019
SINGAPORE (Feb 7): DBS Bank is No. 34 in Brand Finance’s Banking 500 2019 annual report global rankings, rising six spots from No. 40 in 2018 and making it Asean’s ‘Most Valuable Bank Brand” for the 7th straight year. Brand Finance is an independent brand valuation and strategy consultancy. Its annual Banking 500 study ranks the world’s most valuable and strongest banking brands ...
UOB fully digitises applications for all consumer banking products
SINGAPORE (Oct 22): United Overseas Bank (UOB) has successfully digitised application processes for all its consumer banking product offerings. These range from deposit accounts to credit and debit cards, to personal loans and secured loans. The milestone was achieved by UOB in line with its three-month goal to transform the application and approval processes for all of its retail products, ...
UOB and NTUC launch digital innovation awards programme for SMEs
SINGAPORE (Oct 5): United Overseas Bank (UOB) and labour movement initiative NTUC U SME on Wednesday launched the SME Digital Leap Awards at the Winning in the Digital Economy for SMEs event, which saw the attendance of more than 200 SMEs. SME Digital Leap Awards is a dedicated digital innovation award to recognise small- and medium-sized enterprises (SMEs) and their employees in the fields of ...
Gig workers may enjoy enviable perks but tend to save less: Manulife
SINGAPORE (Oct 4): Joining Singapore’s rising gig economy certainly comes with benefits, such as flexibility and job satisfaction, that a regular nine-to-five desk job may not offer. Those who opt to do so are however finding it harder to save compared to full-time employees, finds a new study by Manulife. According to the Manulife Investor Sentiment Index (MISI), Singaporeans are ...
StarHub to lay off 300 employees as telco commences strategic review
SINGAPORE (Oct 3): StarHub is embarking on a strategic transformation review that will include laying off an estimated 300 of its full-time staff, primarily those in non-customer facing functions, with those affected to be notified by the end of this month. In an aftermarket press statement issued on Wednesday, the telco attributes the decision to “ongoing natural attrition and tighter ...
Enterprise Singapore unveils new industry-led roadmap for tech adoption in logistics
SINGAPORE (Oct 3): A new industry-led three-year roadmap developed by the Singapore Logistics Association (SLA) has been established to help more logistics companies understand technology applications and their adoption to speed up their digitisation journey. This was announced by Koh Poh Koon, Senior Ministry of State for Trade & Industry, at the Singapore Logistics Forum 2018 held ...
Which technologies should procurement leaders use to future-proof their companies?
SINGAPORE (Aug 30): Digital disruption is set to bring about game-changing impact on existing procurement industry core capabilities; the ones responsible for implementing these technology solutions just don’t know it yet. So suggests Reboot Procurement, a new report based on a recent study of over 60 chief procurement officers (CPOs) conducted by KPMG, the National University of Singapore ...