Commentary News | Singapore Business Review

A new realm of possibilities with AI in healthcare

Singapore's healthcare system, like those of all developed countries, is swamped with data. The challenge - and the opportunity - is to use that data to become a more effective premium healthcare provider. This can be achieved through the use of Artificial Intelligence (AI). AI lets medical professionals analyse and derive insights from the huge datasets created by healthcare organisations, a feat that is just not possible for humans.

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The arm’s length standard must continue to underpin commodity transfer pricing

Recent tax case judgments in commodity-producing countries shine a spotlight on the important commodity transfer pricing challenges that have potential knock-on effects on the trading industry in Singapore.

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Singapore’s manufacturing industry sets sights on digital transformation

The manufacturing industry has been the engine of Singapore’s economic growth since its inception. In 2018, the city-state was singled out as one of the best positioned countries for Industry 4.0 by the World Economic Forum with manufacturing contributing to 21.9% of Singapore's nominal gross domestic product (GDP).

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Raising GST for fiscal sustainability

Singapore’s Goods and Services Tax (GST) rate will be raised from the current 7% to 8% on 1 January 2023 and again from 8% to 9% on 1 January 2024, as announced by the Finance Minister in his Budget 2022 speech.

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Should Singapore firms revamp employees’ healthcare benefits after Covid-19?

COVID-19 has disrupted the workplace permanently. Since the pandemic began two years ago, workers are getting more used to work-from-home or hybrid work arrangements.

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Setting the foundation for success in the commercial real estate sector in Singapore

Across Singapore, every industry has experienced fundamental transformation in the last two years – and the commercial real estate sector (CRE) is no exception.

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Holistic changes needed for the logistics industry to thrive

Over the past few years, e-commerce’s popularity has soared tremendously, as restrictions on mobility drove more and more people to shop online.

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Open source is critical to the competitiveness of Singapore’s financial services industry

It’s no exaggeration to say that financial services are critical to Singapore’s future prosperity. The country has long punched above its weight in the global financial services industry, serving as a strategic operational base for a huge number of major international organisations to do business throughout Asia. As a result, the sector is responsible for approximately 200,000 jobs and accounts for around 10% of Singapore’s GDP each year.

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Going green in Singapore - what can businesses expect from the changes in carbon tax policy?

The global climate crisis is worsening and Singapore, a low-lying city state, is particularly at risk.

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Global minimum tax and its potential impact on business planning for MNCs in Singapore

Singapore is a well-known magnet for global hubs, alongside Hong Kong, Ireland and Switzerland, with many multinational companies (MNCs) choosing Singapore as their base for the region.

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Looking ahead to the post COVID-19 supply chain ecosystem in Singapore

Singapore may be a small country, yet it punches high in the following areas – thought leadership, regional leadership, innovation, and determination. It is these same qualities that are required to develop new, more efficient, and effective supply chains.

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Enablers of a sustainable digital strategy

In Singapore, climate change concerns have already impacted technology builds.

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Why tech leaders are key to a productive post-pandemic workplace in Singapore

The pandemic has driven permanent changes in employee expectations of their employers, especially with regards to flexibility in their work locations and schedules.

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How Singapore FIs can address the tech and cyber security risks associated with public cloud adoption

The cloud is increasingly becoming the primary location for financial institutions to store and process data: most financial institutions have moved their applications to cloud platforms, and many of those that still have their data on-premise today are planning their imminent migration to cloud.

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The lure of Singapore – An attractive destination for single family offices

The majority of SFO growth has taken place in Asia, with locations such as Singapore and Hong Kong gaining international popularity.

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Embracing the Future of Customer Experience in 2022

2022 is on the horizon and with every year that passes comes greater opportunities for business innovation. As the world welcomes the new year, organisations will look to finesse the mix of technological solutions implemented over the pandemic to adapt and prepare for accelerated growth and productivity.

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