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Coronavirus And The Digital Economy

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In the famous words of Mark Twain, “Comparison is the death of joy.” Indeed, a new study found that people with higher subjective socioeconomic status — their perception of their income and educational standing compared to others — reported significantly higher levels of happiness. This relationship was also significantly larger than the connection between people’s …

Grab and Microsoft announced three training and development programmes aimed at empowering driver- and delivery-partners as well as students with digital skills to help them capture IT related job and traineeship opportunities. The expanded partnership aims to benefit up to 5,000 driver and delivery-partners, and 250 tertiary students by the end of 2021. Grab driver- and …

COVID-19 has significantly impacted the retail sector, and accelerated structural shifts, such as the rise in e-commerce and demand for more personalisation and engagement.  While it is now even more pressing for retailers to transform, there are also opportunities that can be seized in an increasingly digitalised world. Recognising the need to act quickly and …

Singapore Management University’s (SMU) Lee Kong Chian School of Business (LKCSB) has been ranked 22nd in the Financial Times’ (FT) 2020 global ranking of Executive Master of Business Administration (EMBA) programmes. It holds the 14th spot among Asia universities and ranked 8th among Asia business schools. The SMU EMBA Programme is designed to prepare global senior leaders …

Year after year, Singapore’s students and universities consistently top international rankings, reflecting the nation’s dedication to educating its citizens. But learning doesn’t just take place at universities or polytechnics. Even after graduates enter the workforce, continuous reskilling and upskilling is needed to remain competitive in a rapidly evolving job market, a need even more keenly …

The Centre of Excellence in Modelling and Simulation for Next Generation Ports (C4NGP) under NUS Engineering is collaborating with 12 international partners to form an alliance, with the aim of creating a set of programming guidelines to accelerate digitalisation and unify the operations of global maritime and port industries. The new global alliance brings together researchers, solution developers, governments, …

While 83 percent of small and medium enterprises (SMEs) in Singapore now have digital transformation strategies in place, more than half (54 percent) reported delays in their digitalisation plans due to COVID-19. Also, despite higher adoption of digital transformation, only two in five SMEs perceive their efforts to be successful. The economic uncertainties brought about …

Changi Airport Group (CAG) opened the Changi Airport Connector, a 3.5-kilometre cycling and jogging path that links Changi Airport to East Coast Park and the Park Connector Network (PCN). Mr Ong Ye Kung, Minister for Transport, officiated at the opening. For the first time, visitors and the airport community can cycle or jog to Changi …

REACH’s polls1 found that the majority of Singaporeans were either neutral or positive about foreigners (i.e. non-citizens) in Singapore. A telephone poll was conducted among 2,100 randomly selected Singapore Citizens aged 15 years and above, from 11 to 21 August 20202; and an online poll was conducted among 1,050 randomly selected Singapore Citizens aged 15 …

Amid the economic uncertainty, 14 social enterprises (SEs) across the region have been able to support lives and livelihoods not only by keeping their employees on the payroll but also by creating new jobs. With the support of the DBS Foundation Business Transformation and Improvement (BTI) Grant[1], these SEs have since retained the jobs of …