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BOVE & SUPERMOM BLACK FRIDAY SALE!

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BOVE & SUPERMOM BLACK FRIDAY SALE!
from Monday, November 19, 2018 at 10:00 AM to Monday, November 19, 2018 at 10:00 PM

Suntec City

Singapore, 039593 Singapore

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BOVE & SUPERMOM MEGA BABY & KIDS X’MAS SALE!

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BOVE & SUPERMOM MEGA BABY & KIDS X’MAS SALE!
from Monday, November 19, 2018 at 10:00 AM to Monday, November 19, 2018 at 10:00 PM

Suntec City

Singapore, 039593 Singapore

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Singapore, Austria sign agreement to boost cooperation in digitalisation, ICT

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VIENNA: Singapore and Austria on Wednesday (Oct 17) inked a partnership that will bolster the exchange of information and best practices in key areas of digitalisation and information and communications technology (ICT).

The Memorandum of Understanding (MOU), which will cover digitalisation strategies for businesses among other things, was signed by Singapore’s Communications and Information Minister S Iswaran and Austria’s Federal Minister of Digital and Economic Affairs Margarete Schramboeck at the Federal Chancellery in Vienna.

Prime Minister Lee Hsien Loong, who is in the Austrian capital for a one-day official visit, witnessed the signing, alongside Austrian Federal Chancellor Sebastian Kurz.

PM Lee witness MOU signing in Vienna

Singapore’s Communications and Information Minister S Iswaran and Austria’s Federal Minister of Digital and Economic Affairs Margarete Schramboeck at the MOU signing held at the Federal Chancellery in Vienna. (Photo: Tang See Kit)

The new partnership will facilitate cooperation in areas like the digital economy and digitalisation strategies, which include solutions for small- and medium-sized enterprises, help for start-ups and the development of industry technology roadmaps.

It is also set to promote information-sharing in other aspects such as digital government, electronic commerce and digital trade, as well as the related regulatory approaches to emerging technologies like blockchain.

The MOU follows discussions between officials earlier this year, with both countries recognising the growing importance of digitalisation for businesses and government, which holds opportunities for greater bilateral cooperation.

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2 members of the public commended for helping police nab upskirt video suspects

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SINGAPORE: Two members of the public received the Singapore Police Force’s public spiritedness award on Wednesday (Oct 17) for helping the police detain upskirt video suspects in separate cases.

In the first incident, which happened on Sep 19, Mr Yusman Yusoff was at the linkway between Toa Payoh MRT station and the bus interchange at about 7.20pm when he saw a man holding his mobile phone in a tilted position near a woman. 

Mr Yusman alerted the Public Transport Security Command (TransCom) officers patrolling the station.

The suspect, 23, was later arrested, said the police in a media release.

The second incident happened on Oct 3 at Hougang MRT station. 

Mr Yap Zuo Peng was on an escalator at about 8.50pm when he saw a man placing his mobile phone underneath a woman’s skirt, said the police. 

Mr Yap approached the man and detained him at the station before alerting the police, authorities added.

Polic honour 2

Assistant Commissioner (AC) of Police Koh Wei Keong, Commander of Public Transport Security Command presenting the award to Mr Yap Zuo Peng. (Photo: SPF) 

 

“Mr Yusman’s and Mr Yap’s willingness to step forward to assist the victims, leading to the arrest of the suspects was commendable,” said Assistant Commissioner of Police Koh Wei Keong who presented the awards. 

“Such acts go a long way to help deter crime on the public transport network,” he added.

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The challenges entrepreneurs face in Singapore, and what it takes to succeed

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SINGAPORE: Even before his invention is available for purchase, there has been a deluge of interest from around the world.

CNA Insider’s story last month about 26-year-old Kevin Chiam’s special cooking tools for the blind, designed to protect the visually impaired from injuries in the kitchen, has reached more than five million people.

READ AND WATCH: Young designer invents kitchenware for the blind, but struggles to bring it to market

And the responses include not only requests to buy his kitchenware for family, friends and colleagues but also support in terms of crowdfunding, marketing, mentorship, professional advice as well as logistics and distribution, he said.

But as an indication of the challenges that inventor-entrepreneurs like him face in Singapore, the commercial development of his set of kitchen utensils, called Folks, could still take “anywhere from months to perhaps a year or over”, he reckoned.

MIS Folks Kevin Chiam main 1

Mr Kevin Chiam’s special set of kitchenware, called Folks, has helped his friend Rosie Wong.

“Quality and functional checks are necessary to ensure that the products perform at the desired level. Marketing and distribution are also potential challenges that affect the product reach,” explained the designer.

The complications involved in manufacturing and bringing a project to the market – even one that could help a community worldwide – have been an issue for him, despite his best efforts to find suitable manufacturers to produce his business concept.

And it is a struggle others have faced here in creating a range of innovations, from square milk bottles to a drinks machine and high-tech thermal sensors to gadgets for niche pastimes, as the series Made in Singapore discovers.

Many of them have now made a success of their creations, even if users may not be aware of their home-grown origins. But it took hardship, sacrifice, risks, time and some luck to overcome the problems, rejections and failures.

MIS Folks Kevin Chiam 6

Mr Chiam’s knife with retractable guard, which protects one’s fingers from the blade while one is cutting the ingredients.

LACK OF FUNDING

One of the biggest challenges is a lack of funding, according to Mr Chiam and Ms Esther Wang, the founder and chief executive officer of Joytingle, a health education company that explains healthcare concepts to children through play.

Joytingle’s flagship product is Rabbit Ray, an educational tool for teaching children about vaccination, blood-taking and how an intravenous drip is set up, which can reduce their anxieties about needles and hospitals.

The company, which started in 2012 and was “largely self-funded”, has customers in 10 countries now. But it took four years of product development – and a lot of rejection – before Ms Wang’s patient engagement bunny became a reality.

MIS challenges entrepreneurs face 1

Rabbit Ray.

“At that time, not a lot of people saw the potential that I saw. Moreover, in Singapore, most investors would favour ICT, electronics and telecommunication-based products,” said the 30-year-old, who went without a regular salary for that period.

She had to forgo holiday trips with friends and other material comforts, but was at a stage in her life where she could “afford to take this risk”.

As her peers moved ahead in their lives, however, she asked herself whether it was worth it.

“When I was left with my last S$8,000 in my bank, in front of me there were two choices: The first choice was to cut my losses … or the second choice, which I preferred, was to press on,” she said.

“My mum told me, ‘There are many people who want Joytingle to succeed. And they want to use Rabbit Ray. Don’t give up.’ And that gave me the motivation to continue.”

MIS challenges entrepreneurs face 2

Ms Esther Wang showing Rabbit Ray to children at Faith Educare Centre.

Eventually, she found investors, and it also helped to have mentors like Ms Renee Xavier, the founder of Alpha & Omega Law Corporation. “Esther’s quite an amazing person. She’s able to just get up and go again,” said the lawyer.

“We helped her with her patent. Patenting is an expensive journey. We taught her how to make it less expensive … and she worked really hard. So it was a real pleasure working with her because we could see that she was doing her best.”

In Mr Chiam’s case, he has joined competitions – like the Singapore Creative Awards launched this year – to gain recognition. And about 10 of his projects have won awards.

“Winning a competition definitely gives you the opportunity in terms of exposure if, let’s say, there are potential investors who are interested,” said the designer, who developed his cooking tools in his final year at the National University of Singapore.

“But it’s not often the case.”

MIS Folks Kevin Chiam 2

Mr Chiam’s stove ring allows users to centralise the cookware over the stove without it toppling.

One reason that finances remain a limitation is the Singapore environment for start-ups.

Dr Yen Ching Chiuan, co-director of the Keio-NUS CUTE (Creating Unique Technology for Everyone) Centre, said: “(Design students) always face some problems because … the market is small. It’s not like in China. The investor is also much more conservative.”

MANUFACTURING WOES

Finding a suitable manufacturer here can also be as hard as obtaining investments – including, as Ms Wang put it, finding one that would “regard your product with the respect it deserves”.

MIS challenges entrepreneurs face 3

“Most manufacturing firms are very used to large orders – big manufacturing runs, half a million units,” she said. That would make it challenging for entrepreneurs like her.

So it was a “great breakthrough” when she found a company that “understood (her) product’s intention” and was willing to work with her.

While she recognised that Singapore has a good manufacturing base – “that’s how we started in the 1960s and 70s” – she felt that the move towards a knowledge-based economy has affected the industry.

“To be a truly innovative country … we also need an ecosystem of people who can build (products). We need these local manufacturers,” she said.

MIS challenges entrepreneurs face 4

Ms Wang working at her office.

She noted that high manpower and land costs are a reality that factory operators must confront, so she understood why there has been relocation overseas.

“But I’d say that Singapore manufacturers offer you the advantage of better quality control, better intellectual property protection and faster response time,” she said, explaining why she chose a domestic production line.

“If there’s any issue when we’re building a product, I could be there in 30 minutes instead of … having to take a plane.”

Mr Chiam agreed that there was an “industrial gap locally”, which he identified as “the most difficult part” in trying to commercialise his cooking set.

MIS Folks Kevin Chiam 7

Mr Chiam’s chopping board with side tray, which collects the chopped ingredients, making it easier for the user to transfer the food to a pot without spillage.

Countries like China and Vietnam have the space and are “more vibrant’ manufacturing centres, he said. “So there’s this limitation in terms of distance … (or) whether you’re able to get certain materials (if manufactured in Singapore).”

Mr Grey Tan, the co-founder and CEO of TinyMos, was one who faced problems during the manufacture of his invention, Tiny1, which is said to be the world’s smallest astronomy camera.

His design house partner chose a cheap set of electronics that did not support all the software requirements, which meant having to redesign the camera’s hardware electronics from scratch. “That really threw us off our timeline,” said the 28-year-old.

After the redesign the company found that there was interference with the wireless components as well.

MIS challenges entrepreneurs face 5a

Credit: Facebook/TinyMos

“Those problems had to be fixed by specialised technicians who weren’t available in Singapore. We had to fly the whole chip to Taiwan (for) the antenna manufacturer to get those things sorted out,” he added.

“Once the problem was solved, (we then) had to buy new components that took weeks to arrive … So there were a lot of cascading technical challenges that we had to overcome to make the camera come to life.”

DIVERSE STRUGGLES OF START-UPS

While Mr Tan and his team may have expected the making of an astro-camera to be complex, one thing that caught them off guard was the naysayers reacting to the company’s crowdfunding effort on the Kickstarter platform.

“We realised that on Reddit, there was a thread called ‘Shitty Kickstarter’ and … there were a lot of detractors saying that this is a fraud and we’re making fraudulent claims. And that got the team quite down,” he recounted.

His team tried to ignore the problem at first, but because it was a popular thread, it got to a point where they had to put out answers to questions people had about the funding campaign.

“I guess we were quite naive at the time,” admitted Mr Tan. “It never even crossed our mind that people would (denigrate) a product idea on crowdfunding.”

MIS challenges entrepreneurs face 6

Mr Grey Tan and his team all smiles after the crowdfunding phase ended successfully. Credit: Facebook/TinyMos

According to Mr Faruq Marican, the CEO and co-founder of Popsical, running a start-up is like “going from euphoria to sheer terror – you’re never really in between – and that’s the hardest part”.

“You can’t take time to enjoy the success or the traction,” said the 31-year-old. “The next day, you could face a terrible situation.”

His company created a streaming karaoke set that weighs 150 grammes, is shaped like a doughnut and fits in the palm of one’s hand. Through an app, it gives users access to an online library of more than 100,000 songs.

A week before the device was to be shipped, however, a bug caused the music to come out of only one side of the speakers it would be plugged into, he recalled. Trying to fix it resulted in another bug.

Popsical Karaoke

Popsical’s karaoke set.

“It was something that we totally didn’t foresee happening … (and) something that we didn’t even know we could solve. And if we were to ship that product, we would’ve been dead in the water,” he said.

“No one would want to use it ever again.”

But the company had an engineer who “recognised the gravity of the situation”, got to work and figured out a solution. “So that support structure is super important,” added Mr Marican.

“You need talented people to help you solve these issues. And you need to be able to solve them with a steady hand … You can’t really let that terror get to you – you just have to keep powering through.”

MIS challenges entrepreneurs face 7

Mr Faruq Marican with a finalist at the Popsical Karaoke Sing-Off 2018, held in August at Our Tampines Hub. Credit: Facebook/KW Studio Photography

RESOLVE IN THE FACE OF REJECTION

Patience and resolve is needed, as Mr Tushar Mohan, the co-founder of CEO of Souschef, has also demonstrated.

He took about four years to create a customisable beverage dispenser – a digital bartender – only to find that the industry might not be as keen to automate as he is.

After a bubble tea deal in Malaysia fell through, his company reached out to bubble tea shops in Singapore, but to no avail. “We’ve had clients who’d reject us just because we were new,” said the 25-year-old.

MIS challenges entrepreneurs face 8

Mr Tushar Menon at a food service and hospitality trade event.

Their reaction did not surprise Mr Alex Crompton, the managing director of Entrepreneur First Singapore, which helps start-ups. “You have to be prepared for 90 per cent of the people who’re supposed to say yes (to) say no,” he said.

“Tushar has been through that cycle, but he’s an incredibly resilient person. The lengths that he is willing to go to make it work is beyond what I’ve seen in many, many people.”

In April, Souschef reached out to Gong Cha and got a positive response this time.

Mr Andy Oh, the chief operating officer of the bubble tea chain in Singapore, said: “This digital bar is only the very first step in our very ambitious plan to automate … We want to maintain the consistent quality, so this kind of auto-dispenser will come in handy.”

The series Made in Singapore tells the stories of eight inventors and their inventions. Watch it here.

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The challenges Singapore entrepreneurs face, and what it takes to succeed

0

SINGAPORE: Even before his invention is available for purchase, there has been a deluge of interest from around the world.

CNA Insider’s story last month about 26-year-old Kevin Chiam’s special cooking tools for the blind, designed to protect the visually impaired from injuries in the kitchen, has reached more than five million people.

READ AND WATCH: Young designer invents kitchenware for the blind, but struggles to bring it to market

And the responses include not only requests to buy his kitchenware for family, friends and colleagues but also support in terms of crowdfunding, marketing, mentorship, professional advice as well as logistics and distribution, he said.

But as an indication of the challenges that inventor-entrepreneurs like him face in Singapore, the commercial development of his set of kitchen utensils, called Folks, could still take “anywhere from months to perhaps a year or over”, he reckoned.

MIS Folks Kevin Chiam main 1

Mr Kevin Chiam’s special set of kitchenware, called Folks, has helped his friend Rosie Wong.

“Quality and functional checks are necessary to ensure that the products perform at the desired level. Marketing and distribution are also potential challenges that affect the product reach,” explained the designer.

The complications involved in manufacturing and bringing a project to the market – even one that could help a community worldwide – have been an issue for him, despite his best efforts to find suitable manufacturers to produce his business concept.

And it is a struggle others have faced here in creating a range of innovations, from square milk bottles to a drinks machine and high-tech thermal sensors to gadgets for niche pastimes, as the series Made in Singapore discovers.

Many of them have now made a success of their creations, even if users may not be aware of their home-grown origins. But it took hardship, sacrifice, risks, time and some luck to overcome the problems, rejections and failures.

MIS Folks Kevin Chiam 6

Mr Chiam’s knife with retractable guard, which protects one’s fingers from the blade while one is cutting the ingredients.

 

LACK OF FUNDING

One of the biggest challenges is a lack of funding, according to Mr Chiam and Ms Esther Wang, the founder and chief executive officer of Joytingle, a health education company that explains healthcare concepts to children through play.

Joytingle’s flagship product is Rabbit Ray, an educational tool for teaching children about vaccination, blood-taking and how an intravenous drip is set up, which can reduce their anxieties about needles and hospitals.

The company, which started in 2012 and was “largely self-funded”, has customers in 10 countries now. But it took four years of product development – and a lot of rejection – before Ms Wang’s patient engagement bunny became a reality.

MIS challenges entrepreneurs face 1

Rabbit Ray.

“At that time, not a lot of people saw the potential that I saw. Moreover, in Singapore, most investors would favour ICT, electronics and telecommunication-based products,” said the 30-year-old, who went without a regular salary for that period.

She had to forgo holiday trips with friends and other material comforts, but was at a stage in her life where she could “afford to take this risk”.

As her peers moved ahead in their lives, however, she asked herself whether it was worth it.

“When I was left with my last S$8,000 in my bank, in front of me there were two choices: The first choice was to cut my losses … or the second choice, which I preferred, was to press on,” she said.

“My mum told me, ‘There are many people who want Joytingle to succeed. And they want to use Rabbit Ray. Don’t give up.’ And that gave me the motivation to continue.”

MIS challenges entrepreneurs face 2

Ms Esther Wang showing Rabbit Ray to children at Faith Educare Centre.

Eventually, she found investors, and it also helped to have mentors like Ms Renee Xavier, the founder of Alpha & Omega Law Corporation. “Esther’s quite an amazing person. She’s able to just get up and go again,” said the lawyer.

“We helped her with her patent. Patenting is an expensive journey. We taught her how to make it less expensive … and she worked really hard. So it was a real pleasure working with her because we could see that she was doing her best.”

In Mr Chiam’s case, he has joined competitions – like the Singapore Creative Awards launched this year – to gain recognition. And about 10 of his projects have won awards.

“Winning a competition definitely gives you the opportunity in terms of exposure if, let’s say, there are potential investors who are interested,” said the designer, who developed his cooking tools in his final year at the National University of Singapore.

“But it’s not often the case.”

MIS Folks Kevin Chiam 2

Mr Chiam’s stove ring allows users to centralise the cookware over the stove without it toppling.

One reason that finances remain a limitation is the Singapore environment for start-ups.

Dr Yen Ching Chiuan, co-director of the Keio-NUS CUTE (Creating Unique Technology for Everyone) Centre, said: “(Design students) always face some problems because … the market is small. It’s not like in China. The investor is also much more conservative.”

MANUFACTURING WOES

Finding a suitable manufacturer here can also be as hard as obtaining investments – including, as Ms Wang put it, finding one that would “regard your product with the respect it deserves”.

MIS challenges entrepreneurs face 3

“Most manufacturing firms are very used to large orders – big manufacturing runs, half a million units,” she said. That would make it challenging for entrepreneurs like her.

So it was a “great breakthrough” when she found a company that “understood (her) product’s intention” and was willing to work with her.

While she recognised that Singapore has a good manufacturing base – “that’s how we started in the 1960s and 70s” – she felt that the move towards a knowledge-based economy has affected the industry.

“To be a truly innovative country … we also need an ecosystem of people who can build (products). We need these local manufacturers,” she said.

She noted that high manpower and land costs are a reality that factory operators must confront, so she understood why there has been relocation overseas.

“But I’d say that Singapore manufacturers offer you the advantage of better quality control, better intellectual property protection and faster response time,” she said, explaining why she chose a domestic production line.

“If there’s any issue when we’re building a product, I could be there in 30 minutes instead of … having to take a plane.”

Mr Chiam agreed that there was an “industrial gap locally”, which he identified as “the most difficult part” in trying to commercialise his cooking set.

Countries like China and Vietnam have the space and are “more vibrant’ manufacturing centres, he said. “So there’s this limitation in terms of distance … (or) whether you’re able to get certain materials (if manufactured in Singapore).”

Mr Grey Tan, the co-founder and CEO of TinyMos, was one who faced problems during the manufacture of his invention, Tiny1, which is said to be the world’s smallest astronomy camera.

His design house partner chose a cheap set of electronics that did not support all the software requirements, which meant having to redesign the camera’s hardware electronics from scratch. “That really threw us off our timeline,” said the 28-year-old.

After the redesign the company found that there was interference with the wireless components as well.

“Those problems had to be fixed by specialised technicians who weren’t available in Singapore. We had to fly the whole chip to Taiwan (for) the antenna manufacturer to get those things sorted out,” he added.

“Once the problem was solved, (we then) had to buy new components that took weeks to arrive … So there were a lot of cascading technical challenges that we had to overcome to make the camera come to life.”

DIVERSE STRUGGLES OF START-UPS

While Mr Tan and his team may have expected the making of an astro-camera to be complex, one thing that caught them off guard was the naysayers reacting to the company’s crowdfunding effort on the Kickstarter platform.

“We realised that on Reddit, there was a thread called ‘Shitty Kickstarter’ and … there were a lot of detractors saying that this is a fraud and we’re making fraudulent claims. And that got the team quite down,” he recounted.

His team tried to ignore the problem at first, but because it was a popular thread, it got to a point where they had to put out answers to questions people had about the funding campaign.

“I guess we were quite naive at the time,” admitted Mr Tan. “It never even crossed our mind that people would (denigrate) a product idea on crowdfunding.”

According to Mr Faruq Marican, the CEO and co-founder of Popsical, running a start-up is like “going from euphoria to sheer terror – you’re never really in between – and that’s the hardest part”.

“You can’t take time to enjoy the success or the traction,” said the 31-year-old. “The next day, you could face a terrible situation.”

His company created a streaming karaoke set that weighs 150 grammes, is shaped like a doughnut and fits in the palm of one’s hand. Through an app, it gives users access to an online library of more than 100,000 songs.

A week before the device was to be shipped, however, a bug caused the music to come out of only one side of the speakers it would be plugged into, he recalled. Trying to fix it resulted in another bug.

“It was something that we totally didn’t foresee happening … (and) something that we didn’t even know we could solve. And if we were to ship that product, we would’ve been dead in the water,” he said.

“No one would want to use it ever again.”

But the company had an engineer who “recognised the gravity of the situation”, got to work and figured out a solution. “So that support structure is super important,” added Mr Marican.

“You need talented people to help you solve these issues. And you need to be able to solve them with a steady hand … You can’t really let that terror get to you – you just have to keep powering through.”

RESOLVE IN THE FACE OF REJECTION

Patience and resolve is needed, as Mr Tushar Mohan, the co-founder of CEO of Souschef, has also demonstrated.

He took about four years to create a customisable beverage dispenser – a digital bartender – only to find that the industry might not be as keen to automate as he is.

After a bubble tea deal in Malaysia fell through, his company reached out to bubble tea shops in Singapore, but to no avail. “We’ve had clients who’d reject us just because we were new,” said the 25-year-old.

Their reaction did not surprise Mr Alex Crompton, the managing director of Entrepreneur First Singapore, which helps start-ups. “You have to be prepared for 90 per cent of the people who’re supposed to say yes (to) say no,” he said.

“Tushar has been through that cycle, but he’s an incredibly resilient person. The lengths that he is willing to go to make it work is beyond what I’ve seen in many, many people.”

In April, Souschef reached out to Gong Cha and got a positive response this time.

Mr Andy Oh, the chief operating officer of the bubble tea chain in Singapore, said: “This digital bar is only the very first step in our very ambitious plan to automate … We want to maintain the consistent quality, so this kind of auto-dispenser will come in handy.”

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What’s up with Singapore’s technology talent shortage?

0

SINGAPORE as the financial nerve centre of Southeast Asia has long been a magnet for multinationals looking to set up their Asia Pacific headquarters outside of China.

Strategically located, economically vibrant and innovation-driven, it’s no wonder why it draws investor attention.

But the tiny island nation has a massive problem.

By 2028, one-fifth (20.6 percent) of Singapore’s current full-time employees will have their jobs displaced, according to figures released last month at the World Economic Forum (WEF) on Asean gathering in Hanoi. Put into context, this means one out of every five employed Singaporeans could be out of a job in 10 years.

The figure isn’t as alarming for the region’s emerging economies. Estimates in the report by Cisco and Oxford Economics said the same fate will befall only 13.8 percent of the Vietnamese workforce, 11.9 percent of Thailand’s, 10.1 percent of the Philippines’, 8.1 percent of Indonesia’s and 7.4 percent of Malaysia’s.

So why is Singapore the hardest hit?

lily-banse-234698-unsplash

A view of Singapore city at night. Source: Lily Banse/ Unsplash

A closer look at the problem shows a glaring mismatch between available skills and the jobs created by Singapore’s burgeoning tech-driven industries. As the study pointed out, Singapore is “close to the frontier of technological progress”, with efforts towards digital transformation taking place at a rate much faster than its regional neighbours.

In 2014, the Singapore government launched its Smart Nation initiative, which aims to transform the island state through the adoption of new and emerging technologies. As part of the initiative to drive transformation, the government has rolled out a series of plans; ie. the Digital Economy Framework for Action, the Digital Government Blueprint and the Digital Readiness Blueprint.

That aside, under the Communications and Information Ministry, the Committee on the Future Economy (CFE) convened on January 2016 with instructions from Prime Minister Lee Hsien Loong to develop economic strategies for the next decade.

In its maiden report last year, the committee outlined seven strategies to maximise Singapore’s potential to be at the forefront of technological progress in the region. Among others, these include improving Singapore’s international connections; upskilling Singaporeans to help them meet labour market needs of the future; and getting local enterprises to innovate and scale up.

SEE ALSO: Industry 4.0: What’s happening to employment in Southeast Asia?

Separately, the Economic Development Board last November launched the Singapore Smart Industry Readiness Index, a world-first tool developed to help SMEs and MNCs across all industries become Industry 4.0-ready.

In short, Singapore envisions a digital-first future, with every stakeholder from businesses to government leaders and society in general keeping up with the demands of the other.

But these plans take time to come into fruition, and as the Cisco and Oxford Economics study, as well as numerous other job market reports, are showing, there’s already an urgent and immediate need to plug a major talent gap in the market.

A case of beer budget and champagne dreams?

2018-04-28T030357Z_677964383_RC12A54C0570_RTRMADP_3_ASEAN-SUMMIT

Prime Minister Lee Hsien Loong. Source: Reuters

Recent research by Robert Half Singapore said a staggering 93 percent of IT leaders in the country are concerned by the lack of available IT talent in the market to implement Singapore’s Smart Nation goals.

This is despite the majority saying Smart Nation is a blessing to the local IT employment market, with 60 percent expecting an increase in job opportunities and 53 percent anticipating the average IT worker’s salary would go up.

SEE ALSO: Women, ethnic minorities most likely to lose jobs to robots

Staffing Industry Analysts pointed out, however, that to support, manage and maintain the deployment of new technologies, businesses would need highly-skilled IT professionals, which the current labour market seems to be lacking.

Nearly nine in 10 Chief Information Officers (CIOs) interviewed said they struggled to find qualified IT professionals. A little over eight in 10 said it was even more challenging to attract IT talent to their organisations.

An analysis of technology job postings released Tuesday by job search site Indeed answers why.

Jobseekers aren’t looking for technology roles

According to Indeed, although job postings for roles in cybersecurity, data science, machine learning and robotics increased by up to 700 percent over the past two years, this has not corresponded with an increase in job searchers.

The greatest mismatch lies in cybersecurity, with “negligible” growth observed in searches despite job postings increasing by 500 percent.

Searches for roles in machine learning and data analytics have increased, however, going up a notable 139 percent and 48 percent respectively. But the increase in interest is nowhere near the growth in demand, Indeed found.

The number of available jobs in machine learning grew 300 percent while demand for data analytics experts, no surprises, exploded with 700 percent more postings in the two-year period.

Interestingly, the robotics sector bucks the trend. Increase in interest for the sector surpassed that of jobs availability with 64 percent looking for related roles while job postings only increased by 30 percent.

This, said Indeed, shows the talent gap in robotics is closing.

shutterstock_733812400

The robotics sector seems to be most popular tech sector among job seekers. Source: xieyuliang/Shutterstock

The way forward

Robert Half Singapore’s managing director Matthieu Imbert-Bouchard said for Smart Nation to succeed, this talent shortage must be addressed.

“As the demand for top IT skills continues to increase in Singapore, a more comprehensive approach will be required to close the current and future technology skills gap,” he said in SIA’s report.

“Educational institutions should be encouraged to work with the business community and government to build a more robust business and technology ecosystem that develops and nurtures more talented IT professionals within the local talent pool.”

SEE ALSO: Asian universities are not ready for the 4th Industrial Revolution

Indeed’s Asia Pacific senior director Andrew McGlinchey echoed the sentiment:

“Businesses, educators, and governments should make every effort they can to encourage talent in these areas and grow a diverse technology talent pool so that Singapore can continue to progress as a technology leader in Asean.”

According to Singapore’s Education Minister Ong Ye Kung, the local education system holds the key to addressing the nation’s labour needs and economic transformation.

But system overhaul and training young Singaporeans to take up jobs of the future will take time.

For now, Ong said, Singapore needs to bring in foreign talent. As such, the island nation will maintain little restriction in the recruitment of foreigners to fill high-end jobs in areas like artificial intelligence while a quota system for lower-skilled industries will continue, a Bloomberg report said last month.

“Talent is very short everywhere in the world – AI talent, software programmers,” Ong said in an interview. “We let them in because we require a critical mass for the sector to take off, while we continue to train Singaporeans for those jobs.”

Creating a pull factor

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People turn a wheel that chimes music outside at the lobby of the Google campus in Singapore. Source: Shutterstock

Technology firms, meanwhile, are beefing up their recruitment strategies with new methods to secure the kind of talent they need.

One such method, said Robert Walters Singapore’s managing director Rob Bryson, is by drumming up interest in the industry itself and showcasing to potential hires the opportunities that come with a role in technology.

“Technology is constantly evolving and the best tech talents know that unless they continually up-skill and improve themselves, they will quickly be left behind.

“As such, remuneration, while certainly an important consideration, is often not the final deciding factor – the learning opportunities are,” he said.

Companies like Razer, Ubisoft and Grab, for example, place great emphasis on work culture, the kind of cutting-edge technologies they use and opportunities for growth and innovation within their organisations.

SEE ALSO: To be young, highly-qualified and poor in Malaysia

Bryson said some firms also hire talents on an interim basis, allowing these contract workers to work on project basis which is a win-win for both sides. Employers need not worry about increasing headcounts whilst the interim hire could then provide the necessary training and expertise for the firm’s existing team.

And if a hire is particularly skilful, the firm could then make him or her a permanent offer.

Finally, in view of existing shortages in the labour market, firms are also expanding their talent search beyond Singapore.

Grab, for example, last year hired Theo Vassilakis, a former Google and Microsoft employee based in the US, as Chief Technology Officer to head and grow its tech teams.

The benefits of hiring foreign talent is two-fold, said Bryson. “Bringing in talent from outside Singapore not only helps fill the resource gap, but also allows companies to inject experience and perspectives from outside of the country,” he pointed out.

Companies, he added, should also consider tapping Singaporean talents currently working outside the country. Their international experience and their understanding of foreign cultures would come to be an invaluable asset, especially in technology companies.

SEE ALSO: Is flexible working all it’s cracked up to be?

Ultimately these strategies, rolled out alongside government initiatives like the Smart Nation programme, education and training opportunities for young Singaporeans, form the bedrock of Singapore’s efforts in plugging its talent shortage as labour requirements shift.

Cisco Southeast Asia president Naveen Menon said, however, that governments must also ensure that in upskilling its labour force, the emphasis must extend beyond just acquiring technical knowledge.

The key, he said in a TODAY article, is to ensure flexibility, which allows workers to change occupations should they need to,

“Citizens need skills like problem-solving, design and critical thinking, leadership, collaboration, conflict resolution, and empathy.

“In a digital future where everyone will have access to the same data and information, these skills will be the key differentiator between being employable or not,” he added.

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53 people arrested for gambling, immigration and vice-related activities

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SINGAPORE: A total of 53 people were arrested for various offences during a three-day operation between Oct 12 and Oct 14, said the police in a news release on Tuesday (Oct 16). 

Of those arrested, 47 were men and six were women. They are aged between 20 and 79 years old.

GAMBLING, SEXUAL SERVICES, DRUG-RELATED CRIMES

During the operation, 26 men and one woman were arrested for gambling-related offences along King George Avenue, Banda Street, Telok Blangah Crescent and Jalan Bukit Merah.

Cash amounting to S$3,567 were seized. 

If convicted, the suspects may be fined up to S$5,000, jailed up to six months, or both.

illegal gambling

Some of those arrested were suspected of carrying out gambling-related offences. (Photo: SPF)

Separately, nine men and one woman were arrested for suspected drug-related offences along North Bridge Road. About 235 grams of drugs were seized.

If found guilty of trafficking in a Class A controlled drug, they face be jailed at least five years and given five strokes of the cane.

Additionally, 12 men were arrested for vice and immigration–related offences along Rowell Road, said the police.

Another four women were arrested along Syed Alwi Road and Merchant Road for allegedly advertising sexual services online and carrying out vice activities at  hotels and rented apartments. 

Unlicensed brothel operators may be fined a maximum of S$10,000 and/or up to five years’ jail, the police said.

Those convicted of knowingly living wholly or in part on the earnings of the prostitution of another person can be jailed up to five years and fined up to S$10,000.

Investigations are ongoing, said the police. 

“The authorities will continue to clamp down on criminal activities. Those found engaging in illicit activities will be dealt with sternly in accordance to the law,” said the police.

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Two new nursing homes to open in Bukit Batok, Bukit Panjang by 2020

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SINGAPORE: Two new nursing homes, with a total capacity of 570 beds, will open in Bukit Batok and Bukit Panjang by the end of 2020.

The homes, operated by Vanguard Health, will include facilities to cater to patients with dementia, said the Ministry of Health (MOH) in a press release on Tuesday (Oct 16). 

READ: ‘It’s like I’m part of life again’: The magic when seniors and kids do daycare together

For example, wards will be designed in smaller clusters with communal facilities such as living rooms to encourage interaction among residents, said MOH. 

Senja Nursing Home

Artist’s impression of Senja Care Home, along Senja Road. (Photo: MOH) 

Both homes will also be co-located with senior care centres within the Housing Development Board (HDB) estates. 

This “provides a continuum of options for our seniors, ranging from day care to residential care in the same precinct”, said the ministry. 

Bukit Batok Care Home (BBCH), which is targeted to open in the middle of next year, will have a capacity of 220 beds, with its care centre offering 60 day care places. 

To encourage integration with the community, the home will feature a “fenceless boundary”, where residents from nearby HDB estates will be able to walk through the home to the nearby park or a future school. 

BBCH will also have a public communal plaza where interaction can take place between nursing home residents, senior care centre clients, as well as the surrounding community. 

READ: MOH-run nursing home in Woodlands pioneering new models of care

The home’s design will be based on providing a “healing and restorative living environment for seniors with abundant greenery”, said MOH. 

Senja Care Home (SJCH), which is expected to open by the end of 2020, will offer 350 beds. The home will also be co-located with a polyclinic in a 12-storey Integrated Healthcare Facility, said MOH, adding that 60 day care places will be available at the care centre. 

“This co-location allows synergies between the different healthcare services through sharing of community rehabilitation and physiotherapy services to support polyclinic patients and seniors as their care needs evolve,” added MOH. 

Catering to the demand for aged care services, MOH said it is on track to develop 17,000 nursing home beds, 6,200 day care places and 10,000 home care places by 2020. 

“MOH will continue to invest in aged care services, and build more communities of care, to ensure that our seniors are well-supported to age gracefully within the community, close to their loved ones,” it said. 

The homes’ operator Vanguard Health was set up by MOH and MOH Holdings in 2015 as part of plans to grow and support eldercare services. It’s currently operating three nursing homes – Pearl’s Hill Care Home, Woodlands Care Home and Tampines Care Home.

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