Bank Scams in Singapore
Singapore's highly digitised banking environment and tech-savvy population make it both a target and a leader in combating financial fraud. With digital payment adoption rates exceeding 95% and one of the world's highest smartphone penetration rates, Singapore faces...
The benefits of boredom
https://www.straitstimes.com/opinion/boredom-gets-a-bad-rap-but-science-says-it-can-actually-be-good-for-us This article presents a compelling reframing of boredom as a potentially beneficial state rather than something to avoid. The authors make a strong case for how...
Trump’s Golden Dome Missile Defense System
The Golden Dome Project: Trump announced a space-based missile defence shield using hundreds or thousands of satellites Initial funding of $25 billion proposed, with total costs estimated at $175 billion (though likely much higher) Promises "close to 100% protection",...
Fiscal Pressures in the US under Trump
The Core Problem The US faces a dangerous combination of massive tax cuts (extending 2017 cuts at a cost of $3.8-5.2 trillion over 10 years) with no credible funding mechanism. This is happening against a backdrop of already elevated deficits (6.4% of GDP) and record...
Hong Kong’s Tightening National Security Measures
Rapid Legal Changes: The speed of implementation is remarkable - these subsidiary laws were enacted within a day using a "negative vetting" process, bypassing the usual lengthy legislative review. This suggests authorities wanted to formalise and expand Beijing's...
Shadow Banking and its Risks
Defining Shadow Banking in Singapore's Context Shadow banking refers to credit intermediation and financial services provided by entities outside the traditional banking regulatory perimeter. In Singapore, this encompasses a diverse ecosystem including hedge funds,...
Citigroup expands AI tools in Hong Kong banking
Citigroup's AI Initiative: Launched "Citi AI" tools for internal operations in Hong Kong Currently serves 150,000 employees across 11 countries Focuses on information retrieval, document summarization, and communication assistance Plans further market expansion in...
Malaysia’s Semiconductor Balancing Act
The Balancing Act Challenge Malaysia's abrupt backtracking on the Huawei AI project demonstrates the difficult position many countries find themselves in when caught between the US-China tech rivalry. With semiconductors accounting for 40% of Malaysia's exports, the...
Temenos and Microsoft achieve scalable AI powered banking
This is significant news for the banking technology sector. Temenos has achieved impressive performance results with its cloud-native banking platform running on Microsoft Azure, demonstrating substantial improvements in scalability and efficiency for AI-powered...
Google’s AI Powered Search Defense
Google's AI Search Evolution: Google introduced "AI Mode" - a ChatGPT-style conversational search feature that allows back-and-forth interactions This feature uses Google's "query fan-out" technique to break down complex queries into smaller subtopics for deeper...