According to Credit Suisse Group, the number of millionaires in Singapore will increase by 62% by 2025. This rise can be attributed to the post-covid growth expected. Check this out…
Tag: Economy
Salaries of 2020 Singapore graduates
Here’re some statistics of Singapore’s 2020 graduates’ salaries: 1) median monthly salary is stable, but full time employment falls 2) Medicine & Law graduates are no longer having the highest starting salaries 3) SMU graduates have the highest median starting salary.
The digital economy of South-east Asia
Just how big is the South-East Asia market for the digital economy? See this infographic for a quick summary. With 70% of the region’s population online, the current number of Internet users stand at 400 million. There’s definite headroom for growth.
The size of the ASEAN middle class represents opportunities for SMEs
Companies seeking to grow globally can start with launching to the ASEAN market. The population of the ASEAN middle class alone is easily 50million and this is set to grow. Is addressing this market in your business strategy?
The Unicorns of South-East Asia
A unicorn is a privately held company with a valuation of over US$1B. These are usually start-ups with a new business model or technology disrupting an existing process. The chart below shows the unicorns of south-east asia and a description of the 6 found in Indonesia.
Some HR roles may be replaced by robots in 5yrs
This should not be a surprise – there are HR roles that are routine and mundane. These are at high risk of being automated and replaced by machines. In fact, this has already happened in some organisations. It could happen even before 5 yrs.
Legal issues with remote working
Services have been delivered remotely for some time. Outsourcing of business processes such as backroom functions & call centres have been channeled to lower costs countries. Even software development has been delivered this way. So remote working is not new. It has only been made more pronounced as a result of travel suspension and lockdowns. This article highlights some of the legal issues associated with remote working. They are not un-surmountable.
4 mega trends shaping the boardroom
This is a sound reminder of the trends that’s occupying the minds of most leaders – reduction of carbon footprint, IT-enablement & transformation, Worklife integration & being connected to society. This article by Max Loh has put it so well.
Jobs & Salaries in the healthcare sector
Hyundai buys Boston Dynamics for $1.1B
Hyundai has indicated interest to acquire 80% of Boston Dynamics – maker of robots. We are living in exciting times of robots and AI. Let’s hope that Hyundai will bring this technology to the next level.
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