HK Secretary for Innovation and Technology talks about the orderly restoration of customs clearance

There will be full cooperation in technology. The Secretary for Innovation and Technology Xue Yongheng talks about the past period, in response to the importance of various sectors of the Hong Kong society on customs clearance, the importance of customs clearance to Hong Kong’s economy and people’s livelihood, the government has…

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Banks to move online and form customer-centric digital ecosystems

Global banking executives believe that the branch-based model will die out. COVID-19 branch closures, new technologies and increased competition from fintechs, super-app platforms and tech giants have accelerated digital transformation and triggered a shift in banking priorities and business models. Temenos the banking software company, finds that 65 per cent…

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Scaling technology during COVID-19 helped with revenue growth

Companies who amplified their technology investments during pandemic lockdown were able to extend their growth advantage over others. Leading companies that amplified their technology investments during the COVID-19 pandemic have significantly extended their growth advantage over competitors, according to new research from Accenture. The newly released report, “Make the Leap, Take the Lead,” revealed…

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Expansion beyond borders priority for APAC businesses

Streamlining the way the future of work opeartes with technology is key enabler to a modern workplace. Asia Pacific (APAC) business decision makers are calibrating their digital transformation strategies while balancing cost management initiatives and plans for growth in new markets. In a recently released report, The APAC Transformation Vision: Balancing…

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Hong Kong ITC rolls out several funding schemes to help businesses

Help for manufacturers to become smart and businesses develop distance policies during pandemic. The Hong Kong Innovation and Technology Commission (ITC) has launched the Re-industrialisation Funding Scheme to subsidise manufacturers to set up new smart production lines in Hong Kong to develop and promote re-industrialisation in Hong Kong. The Government’s…

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Taking a strategic approach to cybersecurity

Cybersecurity isn’t just a technology problem it has become a business problem. The rapid digitisation of organisations across many industries has led to an increase in corporate cyberattacks. This costs organisations in terms of money, employee downtime, direct costs of remediating the breach, and far-reaching reputation impacts that damage customer…

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Post-COVID-19 world profound for CIOs

New realities in the working world are here to stay Countries around APAC are starting to phase slowly back into normalcy with additional safety measures like COVID-19 tracking apps for citizens. However traditional businesses have had to adapt to new realities of a post-virus world and the implications for CIOs…

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Time for CIOs to shine during COVID-19

Coronavirus outbreak means CIOS play a central role in navigating the crisis CIOs are facing the greatest challenge of their careers, writes Aamer Baig senior partner; Klemens Hjartar senior partner in the Copenhagen office; and Steve Van Kuiken is a senior partner at McKinsey and Company. In a blog on the impact of COVID-19 on…

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