Welcome to Singapore Business Review’s annual Salary Survey issue. Our channel checks with experts in the hiring and recruitment scene revealed that Singapore has a gaping number of job vacancies estimated at around 48,800 in 2017. As a consequence, a growing number of industries, particularly in the hospitality sector, have been turning to technological advancements like AI and robotics to fill the severe manpower gap. Aside from talent shortage, we also provide you with the latest update on salaries and bonuses.
Welcome to Hong Kong Business’ annual salary survey. Channel checks with industry experts revealed that salaries of Hong Kong employees rose to an average of 5.7% in 2018 from the previous year’s 3.9%. Average bonuses also clocked in at 1.6 times the basic monthly wage which represents a better showing than the past two years. The banking and finance sector continues to enjoy the highest average salary increment of 8%, with salaries for those in the risk analyst and risk management positions boosted by as much as 19.1% and 11.1% respectively.
This issue features an exclusive interview with Edwin R. Bautista, UnionBank of the Philippines’ president and CEO. He talked about the bank’s growing API platform with internal API calls rocketing twentyfold in 2017. Could this be the biggest API sandbox in Asia? Find out and read more about the bank and this innovation.
This issue features an exclusive interview with the CEO of MetLife Hong Kong, Lee Wood. He discussed their new holistic digital insurance platform called MetLife Discovery which is the first of its kind in Hong Kong. He also revealed how he plans to focus on the firm’s growth and efficiency for the coming year.
This issue of Asian Power bears the most recent forums that we’ve held - the Asian Power Utility Forum in Jakarta and Kuala Lumpur. Industry experts discussed how Indonesia has lagged behind its 35GW target of new installations for 2019. We also talked to the newly appointed CEO of South Korea's largest private energy provider, POSCO Energy. Find out what CEO Park Ki-Hong revealed about the utility's focus on floating PV projects.
This issue of the Healthcare Asia magazine features a comprehensive report on how artificial intelligence is being maximised in healthcare as illustrated by mobile platform Xbird. It uses AI to help diabetics understand how hypoglycemic attacks work and when these occur. But experts warn that physicians should not depend on these technologies as error rate for AI systems functioning without physicians go up to 7.5%.