Singapore among world's top digital economies but ranks worst at meeting psychological needs: Survey

SINGAPORE (April 4): Despite widespread utility of digital services across the globe, a range of basic, self-fulfillment and psychological needs are still failing to be met, suggests a recent survey by Dentsu Aegis Network in partnership with Oxford Economics.

How much will it cost Singapore bosses to hire skilled talent in 2030?

SINGAPORE (June 21): By 2030, Singapore can expect to pay an extra US$29,065 ($39,600) per highly-skilled worker per year – representing a wage premium equivalent to about 10% of the city state’s 2017 GDP.

This is according to a new study by global organisational consulting firm Korn Ferry, whose The Salary Surge study estimates the shortage on payrolls in 20 major global economies based on its forecasts of future skilled talent shortage.

Tech to continue driving Singapore's economy in the year ahead: KPMG

SINGAPORE (Dec 29): Singapore’s chief executive officers (CEOs) are the most confident in their country’s growth prospects as compared to their Asean peers, whom have broadly expressed muted confidence in the global and national economy as well their organisation’s prospects in the next 12 months.

This is according to the latest Asean CEO Outlook report from KPMG Services, Leading in 21st Century Asean, which draws its data from the 2017 Global CEO Outlook released earlier in June and surveyed 1,261 CEOs from around the world, including Asean.

Hedge funds are being pushed to change. But is it a case of too little too late?

SINGAPORE (Nov 28): Hedge funds are facing increased pressure from investors to invest in non-traditional hedge fund products like real assets and private equity.

According to the EY 2016 Global Hedge Fund and Investor Survey, 48% of institutional investors expect their hedge fund investments to shift from traditional hedge funds to other alternatives over the next three to five years, while 42% expect to shift from co-mingled hedge funds to customised vehicles and segregated accounts.

Does workplace gender equality exist? Singapore women don’t think so

SINGAPORE (Nov 2): Singaporean employees, especially the women, have indicated a noticeable sentiment of gender disparity at the workplace – more so than those in Hong Kong and Malaysia.

(See also: Singapore seen as worst APAC country for workplace gender equality)

Singapore seen as worst APAC country for workplace gender equality

SINGAPORE (Oct 31): Gender disparity in Singapore’s workplace has yet to become a thing of the past. At least, that is how 63% of the city state’s respondents to the Women in Leadership in Asia Pacific report see it.

The recent study was jointly developed by Willis Towers Watson and The Economist Corporate Network, and its results were presented and discussed at a diversity event at The Arts House on Oct 27.

4 ways the government can give a boost to SMEs: Chinese Chamber of Commerce

SINGAPORE (Oct 14): According to the Singapore Chinese Chamber of Commerce & Industry (SCCCI)’s SME Survey 2016, restructuring and financing challenges are rising among Singapore’s business landscape this year.

While this indicates that more businesses have embarked on innovation, restructuring and changing their business models, the survey results reveal a –12.8% a decline in business that are adopting industrial automation or leveraging on IT to do so.  

Why aren’t enough SMEs innovating?

SINGAPORE (Aug 15): “Innovation is the driving force of the sustainable growth of the nation and enterprises,” said Thomas Chua, president of Singapore Chinese Chamber of Commerce & Industry (SCCCI), during a press conference last Friday. Yet, it appears Singapore’s small-medium enterprises (SMEs) are not innovating enough.

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