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Speaking at the opening address of the ATxSummit, Singapore Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr Heng Swee Keat announced that Singapore will be stepping up investments to unlock the full potential of the digital…
In today’s data-driven world, more organizations are investing in big data analytics to improve business performance and build business resiliency as the world experiences unprecedented digitalization. According to IDC, big data and analytics (BDA) spending…
AI and text analysis is being incorporated into every aspect of life. On social media, entertainment, work, marketing, and sports, automation is becoming more “human.” The result is less time spent doing tedious tasks and more energy to focus on developing…
Singapore will soon see the establishment of a research institute that will develop deep capabilities to support the needs of digital financial services in Asia. Expected to begin operations by the end of 2020, the Asian Institute of Digital Finance (AIDF)…
Chinese growth will drive e-commerce transaction values up 43 per cent to US$4.8 trillion by 2024, according to new reporting by Juniper Research. The research showed Chinese e-commerce undergoing 62 per cent value growth over the next four years, bolstering…
The majority of Singaporean men spend at least 30 minutes of shopping online every day, according to a survey by Southeast Asian e-commerce platform Shopee. The Men’s Online Shopping Behaviour Survey 2020 has also found the target group of 2515 Singaporean…
Service providers who use emoticons are perceived as warmer, but less competent, according to a new research paper, which offers sage advice for retail brands engaging with consumers across digital platforms. The effect held true regardless of whether or not…
Malware caused Vietnamese users damage worth VND20.89 trillion ($900.8 million) last year, up 40 percent year-on-year. The surge came with the rising number of computers contaminated with malware from advanced persistent threats (APT), according to a report…
The retail apocalypse is nearing its end, giving brick-and-mortar the opportunity to make the comeback of a lifetime – and surprisingly, millennials and Gen Z are to thank for this movement. Retail locations are finding new footing and a new role in 2020, and…
Technology has made financial services more accessible to users in the region, and it is projected to expand further to reach 100 million Southeast Asians with limited access to financial services today, according to a report published by Google and partners.…
The Delhi Traffic Police released data of accidents in the capital city in 2018 and it shows that the fatalities in road accidents have gone up from 1584 deaths in 2017 to 1690 deaths in 2018. The report states that in 2018, 6515 road accidents occurred in…
Artificial intelligence has been a buzzword in the retail industry for some time now. But rather than just talk about it, retailers are now at a stage where they are putting words into action and starting on their first AI projects. Over the last year, an…
Facebook announced today that it has launched a new app for Android users called Study from Facebook. The app will be used to help the company conduct market research and all participants will be paid. This isn’t an app that you can download from the Google…
Why do customers walk into a fitting room when they are in a retail space? The answer is logical: because they have found a piece of clothing they like – and it should be considered a sure sign of purchase intent, even if the customer does not buy what they…
The biggest trend in logistics right now is arguably not artificial intelligence, blockchain or even visibility, it’s hyper-personalization – which is ushering in a new era of delivery once only accessible to big global companies and corporates. For Asia’s…
ABI Research forecasts that Bluetooth Low Energy (BLE) devices will exceed 1.6 billion annual shipments by 2023. Growth in segments like smart home, beacons and asset tracking, emerging IoT applications, alongside growth in existing key markets and the…
