Commentary

Electric cars in Singapore: Can we handle what's under the hood?

Electric vehicles have been garnering a lot of interest in the past two years. It is no longer just the futuristic ambition of an automaker or a technology company. These vehicles are already on the road in some countries and their numbers are set to increase. Previously the high price of such vehicles was the deterrent for ownership but Tesla's latest announcement of its Model 3 quickly changed that public perception.

Electric cars in Singapore: Can we handle what's under the hood?

Electric vehicles have been garnering a lot of interest in the past two years. It is no longer just the futuristic ambition of an automaker or a technology company. These vehicles are already on the road in some countries and their numbers are set to increase. Previously the high price of such vehicles was the deterrent for ownership but Tesla's latest announcement of its Model 3 quickly changed that public perception.

Transforming the legal industry in Singapore

While the legal and accounting industry has been relatively shielded from "disruption," this is set to change as technology enters the picture. The challenge for the legal and accounting industry is to figure out how to be more efficient as profit margins erode with the "Uberisation" of professional services, where technology aids the sharing economy in providing cheaper alternatives for clients.

Delisting – not such a bad deal

The recent news of NOL and Otto Marine's planned delisting from the SGX should come as no great surprise. Nor, indeed, should it be seen as bad news for the local market. If the regional capital markets have taken a hit this year, then that could be doubly said for energy gas and shipping sectors.

How investors in Singapore can embrace the power of dividends

Every investor should own dividend-paying assets – and the Singapore stock market represents a great opportunity to do that right now. (We've put together a free special report that goes into more detail about why the Singapore stock market is particularly attractive… click here to download it now.)

Singapore's luxury home market – bucking the trend?

The gloom in the property market is all-pervasive. Residential, commercial, and industrial real estate prices are in a seemingly never-ending downward spiral.

Here's what SMEs need to know to compete more effectively

Small- and medium-sized enterprises (SMEs) contribute more than half of Singapore’s economic output and employ about 70% of the country's workforce. With the age-old saying that companies that win the war for talent win the war, it is important that SMEs work towards building a quality workforce, one that is comparable to their MNC counterpart.

What Singapore companies need to know about compliance

A few years ago it seems like compliance was limited to a few heavily regulated industries. But over the last decade it has exploded in size, and an ever increasing number of companies in Singapore and around the world have implemented compliance programs. Why have so many companies made the investment?

Tiger Airways: Incentivising talent through compensation

It was November 2012 and Koay P.Y., CEO of Singapore-based low-cost carrier Tiger Airways Holdings Limited (Tigerair), was putting together a compensation plan to be submitted to the Board's Remuneration Committee (RemCo). This was to be a key solution to resolving a series of events that had adversely impacted the company in recent years, precipitating, what could be called, 'a state of crisis'.

Fraud risks: it's closer than you expect

The recent discovery of a terror cell, the doubling of online cheating cases, and the ongoing investigations on third-party corruption scandals are signs of a new reality faced by Singapore businesses – the global threats of cybercrime, terrorism, and fraud are now a part of everyday life.

Singapore's industrial property woes

Industrial production in the country peaked in 2010 and has been in a state of decline ever since, except for minor increases in 2013 and 2014.

All you need to know about oil is just off Singapore's coast

In global financial markets that are drowning in information and data, we may have a huge advantage here in Singapore: We can glance out into the bay from the ECP and learn more about oil markets than any deskload of commodities traders sitting in London or New York.

What the new taxation on social media influencers means to public relations agencies

Social media influencers are key stakeholders in the broad scheme of marketing and communications. Not only restricted to blogs, they also wield strong influence through the likes of Instagram, Facebook, Twitter, YouTube, and other social media platforms.

Good news: A robot is going to do your boring job for you

It's natural that the excitement of having a robot complete your mundane work chores for you is tempered by a fear of the unknown. Will the robot take my pay cheque too?

Singapore's commercial property market – no signs of a turnaround

The property market is closely linked to economic conditions as the demand for commercial space fluctuates with changes in the level of business activity. Unfortunately, due to the combination of a number of factors, the slowdown in Singapore looks set to continue.

Strength in Singapore's diversity

2016 is a special year for Singapore. While much of the SG50 Jubilee celebrations was spent reminiscing our economic miracle, SG51 marks our first chapter of a new tomorrow. As Singapore pushes ahead, we face a completely different set of challenges as compared to our pioneers.

Are SkillsFuture and WorkPro the panacea to Singapore's rising skilled labour woes?

Singapore's employment landscape is presently undergoing seismic changes, but the sectoral transformations exhorted are being driven more by need rather than by design. Against a backdrop of a slowing economy (2.1 percent in 2015 and expected to remain between 1 and 3 percent this year), high retrenchments in the service industries (4,600 redundancies in 1Q16 compared with 3,500 in 1Q15), and falling demand for manufactured goods, Singapore has had no choice but to review, redesign, and restructure its labour market in an attempt to galvanise employment stability in an unpredictable and volatile global market.

Running your SME: There's (probably) an app for that

Almost every industry today is digitised. Most business functions are software-enabled. Around 40 percent of the world's population has an Internet connection. It comes as no surprise that 68 percent of Singapore’s small and medium-sized enterprises (SMEs) will invest in their in-house technology and innovation capabilities, according to DP Information Group’s SME Development Survey. While this figure appears promising, the increase in technology adoption from a year ago was a mere 4 percent.