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.
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?
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.
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.
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.
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.
When people are losing jobs and businesses are closing, Singapore gained 3 billionaires and China’s super rich got $2 trillion richer.
Most of them experienced increase in financial nett worth because the stocks they owned grew in value because of sudden demand during the pandemic. Some of them also invested in under-valued stocks that surged when the upturn happened. Check the details in these articles.
Jeff Bezos of Amazon because the first person in history whose financial nett worth crossed US$200B. And it happened in Q3 of 2020 in the midst of the COVID-19 pandemic where tech stocks saw a boom due to increased e-commerce and online activities.
Meanwhile, the wealth of French luxury brand LVMH’s titan also crossed US$100M. It seems like a case of the rich getting richer since they have the reserve to invest in under-valued stocks that rose when the markets turned around.
When countries pursue economic growth at all costs, they will soon find themselves “without a soul”. Hence, I find this article so appropriately put – the value of values in economic growth. When economic growth is experienced embracing values, the social fabric of the country remains strong. The same will be true for companies. Growth should never be at the expense of values. Check out this article.
SilverBullets 