Emerging investment sectors surge in the Philippines
A robust growth in domestic industries has positioned the Philippines as a promising hotspot for foreign investors. The country’s GDP rose by 7.6% in 2022, the fastest growth since 1976. Key sectors driving this economic growth are business process outsourcing (BPO) and semiconductor manufacturing. The BPO industry alone contributed around $32.5 billion in 2022, and […]
Meta’s third global layoff wave threatens Singapore tech jobs
Meta, Facebook’s parent company, has commenced its third worldwide layoff round, risking technology jobs in Singapore. This streamlining effort, dubbed as ‘year of efficiency’, follows a substantial hiring increase during the pandemic. Unfortunately, the return to normality has led to a decrease in e-commerce ad revenue, contributing to job cuts. Previously, Meta axed approximately 11,000 […]
Vietnam encouraged to invest in AI ecosystem for economic growth
Vietnam needs to invest in the AI ecosystem across various factors and fields to benefit from the potential of Artificial Intelligence (AI), according to Torus.AI Company’s Director, Nguyen Tien Dung. Speaking at a talk titled “Investment for AI: Opportunities for Vietnam” held by Tia Sang Magazine on May 7, Dung emphasized the importance of investing […]
Singapore unveils refreshed I&C ITM to create 80,000 jobs by 2025
Deputy Prime Minister and Minister for Finance, Lawrence Wong, launched the updated Information & Communications (I&C) Industry Transformation Map (ITM) at the Singapore Computer Society’s 55th Anniversary Gala Dinner & Tech Leader Awards 2023. The revamped I&C ITM aims to bolster Singapore’s digital economy and produce 80,000 well-paying jobs in the I&C sector by 2025. […]
The First Word: How Singapore can close the cybersecurity gap
Singapore has long been a gateway for tech companies looking to expand operations into Southeast Asia and has a growing reputation of being the ‘Silicon Valley of Asia’. The city-state is also home to a thriving tech-enabled startup ecosystem and is strongly positioned as one of the world’s most advanced digital economies. However, according to […]
BetterPlace acquires Troopers, continuing its Southeast Asia expansion
BetterPlace, one of Asia’s largest frontline workforce management platforms, has announced its acquisition of Troopers, a Malaysia-based talent solutions provider. This move aims to strengthen\ BetterPlace’s gig fulfilment and Workforce-as-a-Service (WaaS) capabilities, while expanding its presence in Southeast Asia. Troopers’ automated gig matching and rostering features will be integrated into BetterPlace’s platform, enhancing its comprehensive […]
Tech jobs dominated online job postings over 2022: Indeed
Tech jobs have dominated Indeed’s Top 20 Best Jobs in Singapore for 2023, taking up nine spots on the annual list. This comes despite the sector facing a large round of layoffs over the last 12 months. Customer success managers have topped the list as the best job in Singapore, followed by infrastructure engineers, growth […]
Philippines telco Smart Communications faces office shutdown
Smart Communications, one of the major telecommunications and internet providers in the Philippines, has had its main office shut down on February 27, 2023. The Makati City government, where the main office was located, issued a closure order against the company’s office, for allegedly operating without a business permit since 2019. “We assure the public […]
Getting to know: Silverlake Axis’ Managing Director Andrew Tan
All these are from the Group Managing Director of the IT-banking consultancy group Silverlake Axis. Know more about him in this last segment. ICYMI: Andrew Tan invests in Silverlake Axis’ people profitably Andrew Tan: HR at the business core yields better performance From Oil & Gas, how Andrew Tan becomes an IT-banking […]
From Oil & Gas, how Andrew Tan becomes an IT-Banking leader
Now at the helm of Silverlake Axis, the firm has been performing financially well, reaching its most profitable state in 2022. Thanks to its workforce to whom Tan attributes much of the company’s success. Tan’s people-focused leadership was born from 38 years of experience in the management consulting and IT industries. He was the managing […]
