The Afternoon Update with Lynlee Foo
About
Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.
DEC 16, 2024
16/12/24 - Industry Insight: 'Trust no one'. A Google mobile security expert's take on phone scamsMobile phone fraud continues to pose a significant threat, with cybercriminals employing increasingly sophisticated tactics like phishing, malware, and fraudulent apps. Just last week, the Singapore Police Force issued a warning about a new phishing scam targeting victims through fake PayNow websites. These scammers send text messages claiming that a "certificate" is about to expire, directing users to a fraudulent website where they are tricked into sharing sensitive personal and financial information.
Eugene Liderman, Director of Android Security Strategy at Google, shares with us insights on the broader trends in cybercrime, including how fraudsters are leveraging advanced technologies like AI to design increasingly convincing scams, and expert tips to keep your cyber health in check.
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26:12
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DEC 13, 2024
13/12/24 - Industry Insight: Top AI skills you will need in 2025. This Coursera exec reveals more.The online learning market has experienced unprecedented growth, with projections suggesting it will reach USD490.20 billion by 2029. In Singapore, this transformation is particularly pronounced. Coursera reports a 240% surge in Generative AI (GenAI) enrolments in 2024, totalling nearly 50,000, with one signup in GenAI content every 14 minutes. Singapore leads Southeast Asia' GenAI boom, and ranks among the top 15 globally for GenAI course enrolments.
Raghav Gupta, Managing Director, Asia Pacific at Coursera, shares about the growth drivers in the online learning market in the region, and the top growing AI skills to learn for the future of work.
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16:45
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DEC 12, 2024
12/12/24 - Industry Insight: How will UK's new housing policies impact overseas investors?Mortgage experts predict a slowdown in UK property price growth in 2025 due to rising mortgage rates and higher stamp duty. How will the new Labour government's policies reshape the landscape for buyers and investors alike? What will the changes mean for overseas investors?
London-based Marc von Grundherr, Director at international real estate agency Benham & Reeves, shares his insights into the effect of the new housing policies on the property landscape in the UK.
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17:41
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DEC 11, 2024
11/12/24 - Only 13% of Singapore firms are AI-ready. What are the adoption barriers?According to Cisco's 2024 AI Readiness Index, only 13% of companies in Singapore are fully prepared to harness AI's transformative potential, a figure unchanged from last year. The report by the global leader in networking and security, highlights the ongoing challenges businesses face in adopting AI technologies effectively.
From an IT infrastructure perspective, what are the key focus areas that can break down barriers to AI adoption?
Raymond Janse van Rensburg,VP, Specialists and Solutions Engineering, APJC, Cisco shares about the challenges in AI deployment and the importance of a balanced approach in defining a robust AI strategy to fully leverage the potential of AI.
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15:01
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DEC 5, 2024
05/12/24 - Industry Insight: Embedded finance and the future of fintechFintech is transforming the financial services industry at an unprecedented pace, reshaping how we pay, borrow, and manage money. Embedded finance—integrating financial services into everyday platforms like Superapps—is revolutionising the customer experience, making financial transactions seamless. What are the opportunities businesses can unlock from this trend, and what's in store for 2025?
Lucy Liu, President and Co-founder of payments and financial platform Airwallex, shares about the Singapore-based firm's global growth and initiatives includingYield, an asset management service, and why embedded finance is an important part of the future of fintech.
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14:52
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DEC 4, 2024
04/12/24 - Industry Insight: Empowering human-AI collaboration in customer serviceThe rise of AI is revolutionising customer service, particularly in call centers, where it is streamlining operations and enhancing personalisation. From reducing wait times to offering real-time insights, AI is reshaping how businesses engage and retain customers. But how do businesses balance automation with the human touch to remain competitive and keep their customers engaged?
Li Guanghai, CEO of Helport, the first Singapore-based AI company to be listed on NASDAQ, gives insights into the evolving role of AI, the benefits and challenges of AI-driven call centers and the future of AI in customer service. Li also shares of a new initiative by Helport - a platform that allows third-party developers to build applications on top of its technologies.
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13:27
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DEC 3, 2024
03/12/24 - Viewpoint: Travelling soon? Tips to stretch your dollar, not your budget.Holiday season has kicked into full swing as we wind down the year. While Singaporeans are known for our love of international vacations and significant travel spending, many travellers still fall into common money traps; from paying excessive exchange rates at airports to selecting the wrong currency conversion options abroad.
Mike Truong, Product Director of APAC Regional Expansion at Wise, shares how you can make your money work harder this holiday season, including essential tips to avoid costly mistakes, make smarter payment choices, and manage your money effectively on your travels.
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11:28
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DEC 3, 2024
03/12/24 - Industry Insight: Up and up - Smart technology, green solutions propel elevator and escalator marketIndustrialisation and rapid urbanisation across Asia-Pacific, particularly in countries like China and India, are fuelling a surge in demand for elevators and escalators in malls, shopping complexes, and residential buildings. As the market evolves, key innovations such as enhanced safety mechanisms, predictive maintenance, and energy-efficient designs are becoming industry standards.
Edward Loy, Managing Director for Southeast Asia at KONE, shares some of the trends that will reshape the elevator and escalator market into the future. He discusses the concept of people flow and the way it improves productivity and profitability, and how KONE is leveraging technology to meet the growing urban infrastructure demands across the region.
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17:04
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DEC 2, 2024
02/12/24 - Industry Insight: AI-assisted fraud is growing faster, more sophisticated. What's the latest in identity-centric solutions?Digital forgeries surged by 244% in 2024, with deepfake attacks occurring every five minutes, according to a new report by Entrust, a global leader in identity-centric security solutions. The report which shows an increasing level of sophistication when it comes to cybercriminal methods found that the financial sector was the hardest hit. What can organisations do to combat challenges in AI-driven fraud?
Simon Horswell, Senior Fraud Specialist at Entrust sheds light on the latest advancements in the digital identity solutions space, and why a layered approach to security with multiple defences might be the best way to guard against digital forgeries.
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20:06
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NOV 29, 2024
29/11/24 - Industry Insight: Why credit financing could be a game-changer for Asia's film and TV productionsMarket intelligence shows that the Asia-Pacific media and entertainment market, valued at $1.28 trillion in 2024 and projected to reach $1.62 trillion by 2029, is a key region for global content consumption and production. Responding to industry demand, UK-based content financing firm Goldfinch is set to open its Singapore office, marking its significant expansion into Asia.
Justin Deimen, Managing Partner at Goldfinch Asia and Executive Director of the Intercultural Theatre Institute, shares more about successful financing models in the West and how Goldfinch Asia’s innovative credit-driven funding model will spur more opportunities for film and TV projects in this region.
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13:54
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