Leaders expect circular economy to increase profits

Measurement is essential to showing progress to stakeholders A recent survey by Gartner, Inc. found that 74 per cent of supply chain leaders expect profits to increase between now and 2025 because of applying circular economy principles. On average, supply chain organizations have been applying circular economy principles for three years to…

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Digital prosperity for Asia launches in Singapore

The new coalition aims to realise the full potential of the region’s digital economy The Digital Prosperity for Asia Coalition (DPA) launched on 22 September 2022. The coalition is the first pan-Asia Pacific (APAC) focused alliance, built by home grown APAC companies for the prosperity of APAC economies. The founding members of…

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Established Taxi Enterprise in China digitalises customer service

Software specifically designed for the taxi industry has become increasingly popular Infobird Co., Ltd a leading provider of AI-powered customer engagement solutions in China, today announced that it has recently engaged with a well-known taxi enterprise in China. Together with the client, the Company will build an intelligent customer reception platform to…

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Economic framework partners announce negotiation objectives

This meeting was a chance to deepen partnerships Secretary of Commerce Gina M. Raimondo and United States Trade Representative Katherine Tai hosted counterparts from the 13 Indo-Pacific Economic Framework for Prosperity (IPEF) partner countries – representing over 40 per cent of the global economy – at the first official in-person…

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MAS and IFSCA to pursue cross-border FinTech innovations

This CA builds on the Memorandum of Understanding on Supervisory Cooperation The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) today signed a FinTech Co-operation Agreement (CA) to facilitate regulatory collaboration and partnership in FinTech. The CA will promote the following: Regulatory Sandbox Collaboration – MAS…

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Hype cycle for supply chain strategy

Supply chain resilience at peak of inflated expectations Supply chain resilience has reached the Peak of Inflated Expectations and will arrive at the Plateau of Productivity in five to 10 years, according to the Gartner, Inc. Hype Cycle for Supply Chain Strategy, 2022. The Peak of Inflated Expectations highlights capabilities where…

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How global private 5G networks lead enterprises

The global private cellular network market will likely expand to $US6.32 billion Organizations are embracing private 5G networks to improve the efficiency of production processes while ensuring safety and security. Frost & Sullivan’s recent analysis, Global Private 5G Network Growth Opportunities, reveals that combining the new power of 5G with the concept…

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Banking-as-a-service will hit mainstream adoption

Analysts continue to explore digital banking trends Banking-as-a-Service (BaaS) will hit mainstream adoption within two years, according to the latest Gartner Hype Cycle for Digital Banking Transformation. Gartner predicts that 30% of banks with greater than $1 billion in assets will launch BaaS for new revenue by the end of…

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