Orient SINGAPORE The Issue UnderstandingScale-up fromCOVID-19
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CONTENTS Editor:Co-Editor&Designer: Tel:137TelokAyerStreet,#06-03,+656222-3552Fax:+656222-3556www.britcham.org.sg NewsPresident'sMessageExecutiveDirector'sMessageFeature: UnderstandingSingapore’sTechnologyAspirations Feature:Feature: Scale-upTechSuccess Feature: Technology Feature: ShieldingBusinessesfromCOVID-19Impact MemberFeature:Let'sDiscuss: @britchamsg@bccsingaporesentOrientisabi-monthlymagazinepublishedbyatowner’sriskandtheChamber+656718-0535
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NEWS: ThisYear'sInternationalWomen'sDay&21stAnnual InternationalWomen'sDay: 22-29September2020 annualInternationalWomen'sDaylunch,important Women'striple-sessionInternationalDayVirtualConferenceforbyinit'splace.Wehopethatcontinuingto'thinktogether',wecanhelpacceleratethealltojoin-ourmembers,membersofthewiderBritish 29October2020|6-8PM Asthelongest-runningawardsinitiativebyaninternationalus-thoseparticipatingintheAwards,membersandguests.InthefirstepisodeofupdateontheSG-UKherefavouritepodcastplayerSt.James'sPlaceWealthAsia
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OctSept22-292020VariesSept2020PhotographyCompetitionWinners'2020CeremonySept2020InternationalWomen'sConference UPCOMING events@britcham.org.sg DATE NAME TIME VENUE Sept2020Economy
FEATURE: UNDERSTANDINGSINGAPORE’STECHNOLOGYASPIRATIONS AspirationsUnderstandingSingapore’sTechnology you'vecreatedforyourclients?Revolutionarytechnology IntheToputSingapore'sdigitalexpectationsnation'slevelofdigitaluse,whichWeAreSocial'sannualresearch (1) traffic,-anincreaseof1.7%onthe (2) yearusingdigitalpayments-atotalCOVID-19.Withagoaltoequippeopleskillstheyneedforthenewworldpost-Singapore’stechnologyaspirationsare•Tosharpenthenation'scompetitive•Totransformconnected….Singapo-
FEATURE: UNDERSTANDING talent.thenation'stechnologyexpertise.The (3) humanyearthesecondeditionofSingapore'sinvolvementinAI-augmenteddecision-making,operationalelementsImplementationandSelf-assessmentfirms.technologyDevelopmentincludes
FEATURE: UNDERSTANDINGSINGAPORE’STECHNOLOGYASPIRATIONS Cybersecurity Singapore'sfocusforcybersecurityresilienceofitsinfrastructuretocyber-attacks.Theregion'sfirstcybersecuritystart-uphub,ICE71,aimstostrengthenSingapore'secosystemandmitigateSingapore’sfuturedigitaleconomy, (4) (5) . economy,roleinSingapore’s
FEATURE: UNDERSTANDING Singapore’sTechEcosystem-EconomicDevelopmentBoard
FEATURE: UNDERSTANDINGSINGAPORE’STECHNOLOGYASPIRATIONS Singapore’sTechEcosystem-EconomicDevelopmentBoard
FEATURE: UNDERSTANDING centre.ecosystemwhichincludesworld-forindustry-leadingglobalplayers,thetechnologytalentforeligiblefast(1) singapore (2) (3) (4) (5)
FEATURE: problem? rolesas"passiveintermediaries",incomparisonto intermediaries",regulationgiventheirrolesas"passiveincomparisontotheissuehaspromptedalarge-scaleinthetimeofCOVID-19,canlead
moderation is").Notsurprisingly,pre-prioritisedonplatformsandpost-algorithmsstruggletomakethe"right"theuser-basedmethodreliesonAnotherformofuser-basedchannel(asubject-matterexpert,
doesn'tcomply.Thesystemisnotfail-safeastherearepostedtotheplatform("
ModerationCovid-19and
FEATURE:
moderationis")althoughinsomecasesitvettedbeforehand("
FEATURE: announced worknormallydonebyreviewers" FacebookTwittertheroll-outofthesetoolsonancompaniestodevelopspecificCOVID-19techniques.theyshould.Twitter'salgorithmwas"oxygen"and"frequency"asrequiringaCOVID-19fact-checkdespitetheCOVID-19pandemichasemphasisedthehaveviewedtheCOVID-19crisisasCOVID-19pandemicseveralnations."considered"tohave "causepanic Germany(the "right"choice.
FEATURE: "manifestlyunlawfulcontent" function.hasbeenpushingforan"onlineharmsbill"althoughnodraftlegislationhaspreviousarticleincludingUnilever,FordandCoca-makeupasmallfractionofFacebook'sthecompany'smarketvaluedroppedincreasedtransparencyandthirdLabelling labelsfortweetstoanarticlelabellingcontent
FEATURE:
creator.generatingad-revenuewhichisthencoronaviruspandemic:allcoronavirus-forad-revenuecertification.approaches.ofhumanmoderation–inNovemberwrongfullyremovedbyFacebook'sexhaustedFacebook'sinternalappealsprocess.implementtheboard'sdecision(unlessseen.
Conclusion totheplatforms'
CliffordChanceismulti-nationallawcomprehensivelycoveringallofworld's
FEATURE: andareCliffordChance'scross-practice,globalsignificantlyimpactingourclients'evenday-to-daydecisionmaking,Lingisco-headofourIntellectualSheisacorecoversthefullco-headofourTech
FEATURE: THEIMPORTANCEOFGOVERNANCEEXPERTISEINSCALE-UPTECH
SuccessinScale-upTech scrappyInthisarticle,we’llinvestigatewhateverypromisingscale-upmustconsideriftheywishtograduatefromastart-uptoalucrativescale-up. scale-ups...theself-back.
evaluatebecomeEverytechstart-upthatsurvivestoa‘scale-up’hasneededtoSimplyput:theself-sufficientqualitiesstartholdingpromisingtechscale-upsteamofascale-uptechbusinessisstart-ups.Larger,moresuppresstheirself-sufficientproblem-basisforlong-termsuccess.promisingscale-upmustconsiderifstart-uptolucrativescale-up.Investorsinscale-upbusinessesspecialisingincompany’sevaluatingthe‘stickiness’companies-DigitalandBlueNest
ofAseveryscale-upbusinessknows,mostscale-upswillbewaryofrevealingrisklosingahard-wonadvantageoverItmaybeyearsbeforemanyscale-upabusiness’maturity.Scale-upbusinessesshouldseekhaveeffectiveandproventrack-recordsnet-worthprivateindividuals,atallscalesfromstart-uptoIPO.Thesein-housebecomesaburden.Scale-upgrowthdoesn’talwaysfollowforscale-upsbusinesses’andhigher-valueworkload.functionsletsascale-upinvestors.
FEATURE: THEIMPORTANCE
beneficialaccessinthemostwell-establishedtax-regimes:decadesof boardroom theworld’smostvibrantdigital Openingup-newprocesses,new Reachingscale-upstagebutit’salsothe alike.unrivalledexpertiseandAsiaknow-how,ouron-the-groundteamofprofessionalsAkeydriverofHawksford’s Fabio nowheadsChina's FEATURE: THEIMPORTANCEOFGOVERNANCEEXPERTISEINSCALE-UPTECH
FEATURE:
Technology • Urbanisation
Asia-Pacificishometotheworld’srural-urbanmigration,Asiancountries•
FEATURE:
Policywhetherindustry-ledorincreasethemorecustomer-focused,therequirementsoftoday’s
consumers.if’commercialvehicles.Frommicro-operatingmodelsbyanticipating‘whatscenarios,leadingtoimprovedleverageittomakebetterchoices–forfuture,includingwell-fundedstart-upsstaycompetitive–greatnewsforrecentmonths.Safetyandwell-beingtransitoptionsandthemuch-debatede-scooterswhichwerepreviouslypeopleincreasinglyrelyone-WhileCovid-19continuestoposea
FEATURE: unprecedented increasing autonomy, widespread vehicles.
FEATURE: Butit’snotjustCovid-19thatisdrivingcollaborationand optimisethedata-driventechnologysolutions.KerryAsia-Pacificregiontocreatedigitaloperationaldecision-making.optimisingtheperformanceofhigh-utilisationandmulti-modaloperatorstoachieveseamless,end-tomobility.
TECHNOLOGY Technology forthenextindustry-changingpieceoftech attendees.”worldwide.fromshort“MydiscoveryofthespaceoftimeIdiscoveredwhatwouldhavebeenI’mexcitedabout
U.S.problem’“Doyourememberthedayswhen‘throwmoneyatthewasthesolutiontomostITchallengesatwork?Well,that’sclearlynothow2020hascontinued.apps.Zoomstillleadstheway-solongasyoudon’thaveanysecurityconcerns-otherwiseit’sTeams,butit’sbeenslowtocatchoninAsia.•AI(whichisn’treallyAIbutcleverprocesscompany’saccountingsoftware.Ifthereareany•Theabilitytohavechatbots.Thesecleverthingsrelativelyquietoverthelastfourmonths.I’munsureiftheirdecision;ifit’sbecausewehavesomenewworked,andaneedtoidentifyaproject’svaluesothatclever(er)useoftechnologyinthenearfuture.” Ltd globalandEvercranes,“Inthetraditionallyaspectsoftheindustryhoistsetc,more‘smart’solutionsapplicationinproblem-solvingindustrymakeson-the-spotmissaffair.I’mcertainemergenceandmanagementscale.” TECHNOLOGY
upe-signatures,“Wehavefoundthattechnologyhashelpedusdocuments–whichisacorecomponentofwhatonlineproofreadingtoolsandclients.Theindustry-changingpieceoftechIatransactionprocess.”“TechnologyhasallowedagreatexampleofthissolutionsthatalreadyhaveinsightstopowerWhatwe’dlovetoseebusinesses,wedon’tbelieve”“Technologyisanexcitingfieldwhereinnovationsdigitalwallets,toe-currencies;alleasilyavailableenterprisestransformdigitally.Unlikeheadline-maintainsafe-distancinginsomecountries,intothe“behind-the-scene”works,suchasoptimisingorganisations’dailyoperations,platformsthatcurrentlyexisttoday.” TECHNOLOGY
FEATURE: AUTOMATIONANDDATAINTELLIGENCE:SHIELDING spreaddefinedgoalsandlong-termplanning.competitivetime-to-market,butnooneofCOVID-19,businesseshavemaintainbusiness-as-usualoperationsThismeansthatfeature-richmoderncreator–asopposedtoacostcentre–andresourceoptimisationanalytics-driven COVID-19Impact slowthespreadofCOVID-19,businesseshavenew valuecreator–ascentre–poweredbya
FEATURE: AUTOMATION
Real-timevisualisationofbusinessandcapabilities.
managingMicroFocus’businessandsettingthecompany’sstrategyforgrowth,
FEATURE: company’sneededandtime-sensitiveactivitiesbottomline.team?Doesyourcompanyhavethein-Today’sbusinessenvironmenthaschangeddramaticallywithCOVID-19toevaluateyourcompany’sworkspaceboth“Nosalespersonlandlordandtenant.” Ultimatelytheagent’stenant’sinterests?houseresources, Move? theworkplacepostCOVID-19. requirements,company’sworkspace
FEATURE: above.in-house,youaredivertingattentionlengthyprocess–oftenseveralengagingathirdPerhapsCOVID-19 University,UK.HeworkedinLondon'sprime(£2m-£15m)residentialpropertyresponsibleforallthecompany’sofficedoitsmarter,hassle-freeandtosave line.thecompany’sbottom
•PeterGodfrey, of:•Howisthecirculareconomy•DoesthecirculareconomyhavearolepostCOVID-19world?"resource"efficiency,asopposedto"energy"efficiency,pointofviewandenergy Let'sDiscuss...
change.andtowardsresourceefficiency-amoveawayfromtheTake-Make-Wastemodel.By-productsofenergyproductionneedtobere-purposedorrecycled–thisiscreatepoliciesandgoalsaimedatre-priced.PostCOVID-19,humansociety–notjustclimateBritCham’sEnergy&Utilitiesand
Europehassiximportantandwide“’Resilience’and‘SustainableDevelopment’willincreasinglyresonatewiththeso-calledcirculareconomyunderpinningmuchofthisrhetoric.” agilityand“justintime”.Now,COVID-19hasforcedgovernmentsandseeashiftto“justincase”?
-Petergrowth.TheCOVID-19-PeterGodfrey,
theirenvironmental“Mostoftheworlddegradationwell-beingoftheworld’smostbasicneeds.”
wouldPlasticSingle-useplasticsandWaste,anot-for-profittransformpost-useplasticforhard-to-recyclebeproducedatscalewindfarm–athirdhydrogenproduction. 3.Refineriesareexploring 50-60%chainfromcollectionofchainsandinchemicalofthetotal.Singapore-basedcompaniesonregionalpost-COVID-19iskey,especiallyinthePublicHealth,CleanEnergy,Info-comms-InfraAsiaalsohelpsto“chipaway”building.Half-day,ortwohalf-day,catalytic
Adoptingandnon-commercialdevelopmentswaste-to-energyhelpedcreatethelong-termwaste-to-energyjourney.aimedatallresources-productionandconsumption-notjustcarbon.andenablesfinance-ability.tacklingbankabilityhangingfruit’.ConstructionAuthority’salmostdoubledbeanotherof
Multi-participantGovernmentsinapost-COVIDworldwillmodelswillmakeachievingfirstpast-the-postprojectOne-offprojectscannotachievethecollectingplastics-wasteoverlargeproblem.Whilewaste-to-energyisoneoftherecyclingmeasures,waste-to-energywaste.Whendevelopingwaste-to-energyshouldalsoconsiderwaste-to-gasification,orwaste-to-valuetomakeusefulproducts–amoredifficultbut‘useful’wastewillrequirere-taskingofintousefullifestyles.Thishas
toThisarticlewascontributedBritCham’sEnergybuildingouttheregion’sbritcham. here.yearonWaste-to-Energy,supportingtheChamber’s Speakers:
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