Singapore seeks to fill AI skills gap in finance sector
The Monetary Authority of Singapore (MAS) is looking to plug the artificial intelligence (AI) skills shortage in its finance sector. A survey of 131 local financial institutions revealed that 44% viewed a lack of AI and data analytics talent as a major obstacle. In response, MAS has launched an initiative designed to gather demand for […]
WHO SAYS: Quotes of the week from HR influencers and leaders
Uncover vital perspectives from distinguished HR and business leaders across Southeast Asia as they impart their expert viewpoints on the urgent matters of the present day. “If we take good care of our associates, they will take care of our guests.” – Regan Taikitsadaporn, Chief HR Officer, Marriott International (Asia-Pacific) Taikitsadaporn underscored Marriott’s core philosophy […]
Philippines poised to become major player in data centre industry
STT GDC Philippines, under the leadership of its CEO Carlo-magno E. Malana, is anticipating a surge in demand for data centres. In an interview, Malana pointed out that as digitalisation accelerates worldwide, the need for data centres increases. He argued that the Philippines, due to its strategic location at the nexus of submarine cables, is […]
Indonesia unveils national strategy to bolster AI ecosystem
Indonesia is accelerating artificial intelligence (AI) innovation by unveiling a refreshed national strategy. The 2045 Artificial Intelligence National Strategy (Stratnas AI) aims to enhance AI usage in the public sector, ensuring Indonesia isn’t left behind in the AI race. Stratnas AI focuses on five areas: health, bureaucratic reform, education and research, food security, and smart […]
ASEAN leaders pledge to make Southeast Asia an economic growth epicentre
At the 42nd ASEAN Summit in Labuan Bajo, Indonesia, Southeast Asian leaders committed to making the region an economic growth centre, both regionally and globally. The summit, held from 9 to 11 May, saw leaders expressing their determination to achieve this through investment in human resources development and strengthening of regional health security architecture. Indonesia’s […]
Singapore emerges as global hub for brands and businesses
Singapore is solidifying its position as a global hub for brands and businesses, capitalising on its strategic location, robust intellectual property (IP) regime, and a diverse professional talent pool. With the ASEAN economy expected to become the world’s fourth-largest by 2030, the city-state has become a preferred destination for multinational corporations seeking regional expansion, and […]
WHO SAYS: Quotes of the week from HR influencers and leaders
Immerse yourself in enlightening perspectives from revered HR and business leaders across Southeast Asia as they deliver expert insights on today’s critical issues. “We cared about every single dollar, every single cent… We can now see that this is not a quickly passing storm… We’re going to continually push down the costs.” – Forrest Li, […]
Sea Ltd. achieves first quarterly profit after rigorous cost-cutting
Sea Ltd., a major Singapore-based tech company, has reported its first quarterly profit in its 14-year history. This milestone followed a significant strategy shift led by CEO Forrest Li, which saw the company implementing ruthless cost-cutting measures and focusing on profitability. Amid financial pressure, Li initiated a series of changes, including layoffs that affected about […]
Philippines emerges as a favourite customer experience outsourcing hub
An increasing number of companies are selecting the Philippines for their Customer Experience (CX) management outsourcing. This is due to a unique combination of talent, technology, and cost-effectiveness that the country offers. Ralf Ellspermann, CEO of PITON-Global, highlighted this trend in a recent interview. The local workforce’s language skills and strong customer service orientation make […]
Kok Ping Soon reflects on Singapore’s digital transformation
In a unique approach to digital transformation, Singapore’s outgoing Government Technology Agency (GovTech) CEO, Kok Ping Soon, led the ‘Smart Nation Fellows’ programme to attract top tech talent and drive public service innovation. The initiative, launched during Kok’s five-year tenure, saw mid-career technologists from the private sector collaborate with experienced public sector professionals, creating impactful […]
