Reset with Lynlee

Singapore’s property market has witnessed a remarkable surge, with November sales reaching their highest level in over a decade. According to fresh data from the Urban Redevelopment Authority, developers sold 2,557 new private units last month—exceeding the previous six months combined and marking the strongest performance since March 2013. Industry observers attribute the figures to p...

The digital information landscape is evolving at an unprecedented pace, and with it, the demand for efficient and accessible data storage solutions is growing. Cloud services have emerged as a cornerstone of this transformation, redefining how we store, manage, access and optimise vast amounts of data. According to Statista, corporate data stored in the cloud surpassed 60% in 2022, a significant l...

The US dollar has remained resilient, rallying 7% since October 2024, buoyed by expectations surrounding Trump's economic policies and their influence on the Fed's monetary stance. The greenback is demonstrating renewed strength against most foreign currencies, with the USD index nearing 2023 highs. Yeap Junrong , Market Strategist at forex provider IG joins us to share his insights into historica...

Mobile phone fraud continues to pose a significant threat, with cybercriminals employing increasingly sophisticated tactics like phishing, malware, and fraudulent apps. Just last week, the Singapore Police Force issued a warning about a new phishing scam targeting victims through fake PayNow websites. These scammers send text messages claiming that a "certificate" is about to expire, directing use...

The online learning market has experienced unprecedented growth, with projections suggesting it will reach USD490.20 billion by 2029. In Singapore, this transformation is particularly pronounced. Coursera reports a 240% surge in Generative AI (GenAI) enrolments in 2024, totalling nearly 50,000, with one signup in GenAI content every 14 minutes. Singapore leads Southeast Asia' GenAI boom, and ranks...

Mortgage experts predict a slowdown in UK property price growth in 2025 due to rising mortgage rates and higher stamp duty. How will the new Labour government's policies  reshape the landscape for buyers and investors alike? What will the changes mean for overseas investors? London-based Marc von Grundherr , Director at international real estate agency Benham & Reeves, shares his insights...

According to Cisco's 2024 AI Readiness Index, only 13% of companies in Singapore are fully prepared to harness AI's transformative potential, a figure unchanged from last year. The report by the global leader in networking and security, highlights the ongoing challenges businesses face in adopting AI technologies effectively.  From an IT infrastructure perspective, what are the key focus area...

Fintech is transforming the financial services industry at an unprecedented pace, reshaping how we pay, borrow, and manage money. Embedded finance—integrating financial services into everyday platforms like Superapps—is revolutionising the customer experience, making financial transactions seamless. What are the opportunities businesses can unlock from this trend, and what's in store for 2025? Luc...

The rise of AI is revolutionising customer service, particularly in call centers, where it is streamlining operations and enhancing personalisation. From reducing wait times to offering real-time insights, AI is reshaping how businesses engage and retain customers. But how do businesses balance automation with the human touch to remain competitive and keep their customers engaged? Li Guanghai , CE...

Holiday season has kicked into full swing as we wind down the year. While Singaporeans are known for our love of international vacations and significant travel spending, many travellers still fall into common money traps; from paying excessive exchange rates at airports to selecting the wrong currency conversion options abroad.  Mike Truong , Product Director of APAC Regional Expansion at Wise, sh...

Industrialisation and rapid urbanisation across Asia-Pacific, particularly in countries like China and India, are fuelling a surge in demand for elevators and escalators in malls, shopping complexes, and residential buildings. As the market evolves, key innovations such as enhanced safety mechanisms, predictive maintenance, and energy-efficient designs are becoming industry standards. Edward Loy ,...

Digital forgeries surged by 244% in 2024, with deepfake attacks occurring every five minutes, according to a new report by Entrust, a global leader in identity-centric security solutions. The report which shows an increasing level of sophistication when it comes to cybercriminal methods found that the financial sector was the hardest hit. What can organisations do to combat challenges in AI-driven...

Market intelligence shows that the Asia-Pacific media and entertainment market, valued at $1.28 trillion in 2024 and projected to reach $1.62 trillion by 2029, is a key region for global content consumption and production. Responding to industry demand, UK-based content financing firm Goldfinch is set to open its Singapore office, marking its significant expansion into Asia. Justin Deimen , Managi...

After years of subdued performance, Malaysia’s stock market is experiencing a resurgence, with the KLCI index climbing nearly 10% over the past year, fuelled by strong economic growth and foreign investment from U.S. tech giants. In response to this momentum, CGS International Securities recently launched UP, the first trading platform in the region that allows users to invest in fractional shares...

Coinbase, one of the largest centralised crypto exchanges globally, is shaping the future of blockchain innovation. It is making efforts to create best-in-class user experiences that it hopes will do away with the complexities associated with crypto. Base, its Layer 2 blockchain solution for the Ethereum network is designed to offer faster, cheaper and more secure transactions. In an exclusive int...

Investment volumes in Asia Pacific’s commercial real estate have surged to their highest levels since the 2022 rate-hike cycle, driven by cross-border investments and strong demand for office and logistics assets. Singapore stands out with a 118% year-on-year increase in Q3 2024, fueled by institutional interest in industrial, retail, and life sciences. Pamela Ambler , Head of Investor Intelligenc...

Sustainability is a crucial area of focus in the fashion industry. The increasing awareness of the negative impacts of fast fashion on the environment and society has led to the need for sustainable practices.  The Singapore Fashion Council (SFC) strongly promotes circularity in fashion and has recently launched an initiative to drive home the importance of embracing circularity and the perpetual...

In Southeast Asia, streaming entertainment is mostly consumed via smartphones by users heavily reliant on their mobile devices. This means most businesses would stand to gain from using software designed with the smartphone in mind. To that end, industry players like Agora, a pioneer and leader in real-time engagement technology, are looking into mobile-first and AI-enhanced communication solution...

Nvidia reported Q3 earnings today (20 Nov) and results suggest that Nvidia is continuing to grow quickly while demand for its powerful artificial intelligence chips remains high. However, the reported number of a 94% year-on-year surge in revenue for the third quarter to $35.08 billion is still a consecutive slowdown from the previous three quarters.  In terms of price action, shares fell 2% in ex...

The industrial real estate market in Vietnam has experienced a dramatic increase in foreign direct investment over the past two decades. As the country continues its transformative phase attracting a new wave of high-value investments, what are the factors that are shaping Vietnam’s industrial sector and contributing to its success, especially in the growth of new technology sectors such as data c...

Stablecoins and tokenisation are gaining momentum in today's complex financial landscape, driving innovation across payments and remittances, and bridging the gap between traditional finance and decentralised finance, to pave the way for the future of payments. How will current developments change the way we pay? Will the rise of stablecoins challenge the established financial systems, or compleme...

According to business intelligence platform Statista, blockchain technology is forecast to increase to nearly 1,000 trillion U.S. dollars by 2032. Blockchain is at the heart of cryptocurrency, and with rising acceptance and adoption of cryptocurrencies, and growing interest in decentralised finance (DeFi) platforms, the cryptocurrency market in Singapore is anticipated to grow rapidly in the next...

Have you heard of a condominium hotel or condotel? As the name may imply, it is a condominium that operates as a hotel, which you could own because units within the hotel are individually owned and managed for you. Hannah Yulo Luccini, CEO of Hotel101 Global, tells us a bit more about how such projects work and how it is different from traditional time-shares with their Condotel project in Niseko,...

Digital health innovations are playing a more pivotal role in disease management and treatments. From electronic health record integration to wearable devices and mobile applications, advancements in digital technologies are offering more opportunities to improve health outcomes.  On World Diabetes Day (14 Nov), Industry Insight takes a look into the healthcare technology industry and discuss tren...

Tokenisation and on-chain finance are becoming buzzwords in the financial industry. Increasingly, more traditional financial institutions are taking collaborative and bolder steps towards a harmonious coexistence of the traditional and the digital. On Industry Insight, we take a look at trends in the blockchain industry, particularly the ways technology is reshaping how traditional financial instr...