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☆ AI may not replace you, but someone who uses it can — here's the No.1 skill you need to stay relevant
▼ + stars: | 2024-05-13 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +3 min

55% of leaders say they're concered about having enough talent to fill roles in the year ahead as AI skills become more relevant than ever before, new study finds. 71% [of leaders] say they'd rather hire a less experienced candidate with AI skills than a more experienced candidate without them. As a result, employees around the world are taking matters into their own hands, learning to use AI tools on their own. "You should not be using your company data or any of your own personal data [when using free online AI tools]." Part of upskilling on AI tools is learning how to do so safely and effectively.

Persons: Laurence Liew, they'd, ChatGPT, Liew, Microsoft's Organizations: AI Singapore, Microsoft, Singapore Locations: Singapore

☆ Food startup Hungryroot uses AI to reduce waste, a major climate offender
▼ + stars: | 2024-05-07 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Food waste is so prolific in the U.S. that roughly one-third of the amount produced ends up in landfills rather than stomachs. A recent study published in the journal Science found food production accounts for 26% of global greenhouse gas emissions. Food delivery services like HelloFresh, Blue Apron and EveryPlate reduce that somewhat by sending consumers what they need for specific recipes. The company says its processes help lead to 80% less food waste at its facilities compared with a traditional supermarket. In addition to Lightspeed, Hungryroot is backed by L Catterton, Crosslink Capital, Karp Reilly and Lerer Hippeau.

Persons: Ben McKean, Hungryroot, Jeremy Liew, They've, L, Karp Reilly, Lerer, Lisa Rizzolo Organizations: CNBC, Investors, Lightspeed Venture Partners, Crosslink Locations: U.S, York, Brussels

☆ Generative AI is the talk of the town, but businesses are still not ready for it, survey shows
▼ + stars: | 2024-03-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +5 min

"There is a misconception about how easy it is to run mature, enterprise-ready, generative AI," said Stela Solar, Inaugural Director at Australia's National Artificial Intelligence Centre in the survey report. Meanwhile, 56% of the respondents said their IT investment budgets, in general, were a limiting factor in rolling out generative AI. Other barriers to generative AI adoption according to the survey respondents included the lack of relevant generative AI skills. Disruptors versus the disruptedStill, the survey reflected overall positive sentiments about the future role of generative AI in business. While six of 10 respondents expect generative AI to substantially disrupt their industry in the next five years, 78% see it as a competitive opportunity.

Persons: skilling, Chris Levanes, Laurence Liew, Geraldine Kor Organizations: Istock, MIT Technology, Telstra, Artificial Intelligence, South, MIT, Singapore, Telstra International Locations: Australia, South Asia, Singapore

☆ The smart ring era is here and tech companies are fighting for your finger. Will you wear one?
▼ + stars: | 2024-02-29 | by ( Hugh Langley | ) www.businessinsider.com time to read: +6 min

The smart ring era is here. Honor, the mobile business spun out of Huawei, also announced this week that it's working on a smart ring. Avi Greengart, president and lead analyst at Techsponential, told Business Insider at MWC that Samsung's Galaxy Ring "validates the smart ring category." Rumors of an Apple smart ring have been simmering for over a decade — mostly due to a string of patents the company has filed for. There's another good reason tech companies are eyeing smart rings right now, according to IDC analyst Francisco Jeronimo: subscriptions.

Persons: —, Prince Harry, Mark Zuckerberg, Jack Dorsey, Jennifer Anniston, Jimmy Kimmel, Smart, they've, Oura, Avi Greengart, Apple, Bloomberg's Mark Gurman, Jeremy Liew, Liew Apple, Greengart, Francisco Jeronimo, Jeronimo Organizations: Samsung, Service, Mobile, Congress, MWC, Huawei, IDC, Apple, Venture, Business Locations: Barcelona, Cupertino

☆ Supply chains moving out of China could create new winners in the Southeast Asian middle-class, says an official
▼ + stars: | 2023-09-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Global supply chains moving away from China is an opportunity for Southeast Asia, said one Malaysian minister. Southeast Asia countries could take the chance to attract manufacturing investments, he said. Liew Chin Tong, the deputy minister of investment, trade, and industry in Malaysia, thinks supply chains moving to other parts of Asia isn't exactly a bad thing. Liew's comments came amid intense global discussions on the future of supply chains following disruptions during the COVID-19 pandemic. Manufacturers are now allowing processes to have some breathing room in what's known as the "just-in-case" supply chain model because "they want resiliency" in the supply chains, Long added.

Persons: Liew Chin Tong, Liew, Liew's, Steven Long, Long, Donald Trump, Biden Organizations: Service, Milken Institute, Asia, Intel, Manufacturers, China Locations: China, Southeast Asia, Malaysian, Wall, Silicon, Malaysia, Asia, Milken Institute Asia, Singapore, Asia Pacific, Japan, Washington, Beijing

But it sent the case back to a lower court to determine whether the contested agreement violates asylum seekers' right to equal treatment under the law. But the court also found an unaddressed question when it comes to whether the agreement violates equality rights. The agreement stands and the case will return to federal court to determine whether the agreement violates asylum seekers' right to equal treatment under the law. Refugee advocates claimed the agreement violates that right because they argue the United States is less receptive to refugee claims predicated on gender. In March, Royal Canadian Mounted Police intercepted 4,173 asylum seekers on their way to file refugee claims in Canada after crossing irregularly.

Persons: Jamie Chai Yun Liew, Anna Mehler, Denny Thomas, Jonathan Oatis Organizations: TORONTO, Rights, Refugee, Supreme, Reuters, Freedoms, Royal Canadian Mounted Police, Canada Border Services Agency, U.S . Customs, Border Patrol, U.S . Border Patrol, Customs, Thomson Locations: Canada, United States, Canada's, U.S

☆ It's likely that U.S. Fed will pause hiking interest rates, says wealth management firm
▼ + stars: | 2023-05-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's likely that U.S. Fed will pause hiking interest rates, says wealth management firmDaryl Liew of SingAlliance says a credit crunch is likely to happen in the coming months.

☆ Citadel accelerates hiring push in Hong Kong and London
▼ + stars: | 2023-03-17 | by ( Summer Zhen | ) www.reuters.com time to read: +2 min

HONG KONG, March 17 (Reuters) - Miami-based Citadel has kicked off 2023 with multiple senior hires in London and Hong Kong to beef up its international equities team, after the firm became the world's most profitable hedge fund in 2022, profile updates on LinkedIn show. He previously worked as head of Asian Research of Florida-based hedge fund giant Lighthouse for more than seven years. After working for UBS investment bank for more than 16 years, Keith Donan also moved to Citadel in Hong Kong this month as a senior trader. Citadel's international equities team is a multi-manager business focusing on opportunities in Europe and Asia. Led by Sean Salji in London, the team has over 80 investment professionals in London, Hong Kong, Singapore and Paris.

[1/5] Asylum seekers board a bus after crossing into Canada from the U.S. in Champlain, New York, U.S., February 28, 2023. Many of the arrivals abandoned plans to seek asylum in the United States, deterred by long processing times and restrictive definitions for asylum, according to aid officials and interviews with asylum seekers. "We want to help asylum seekers stabilize their lives whether in New York City or elsewhere." The Quebec government has said the increase in asylum seekers is straining its capacity to house people and provide basic services. Immigration experts said closing off the border to asylum seekers could push migrants to take even riskier routes.

Many of the arrivals abandoned plans to seek asylum in the United States, deterred by long processing times and restrictive definitions for asylum, according to aid officials and interviews with asylum seekers. "We want to help asylum seekers stabilize their lives whether in New York City or elsewhere." REUTERS/Christinne Muschi Acquire Licensing RightsThe Quebec government has said the increase in asylum seekers is straining its capacity to house people and provide basic services. The federal government said it has relocated more than 5,500 asylum seekers to other provinces since June, the first time it has done so. Immigration experts said closing off the border to asylum seekers could push migrants to take even riskier routes.

Persons: Zulema Diaz, Maryangel Diaz, Carlos Osorio, Diaz, Justin Trudeau, Joe Biden, Sean Fraser, Alejandro Mayorkas, Trudeau, Biden, Zulema, Eric Adams, Kate Smart, Fabien Levy, Smart, Ilze Thielmann, Raymond Theriault, Theriault, Christinne, Pierre, Luc Bouchard, You’re, Jamie Chai Yun Liew, Anna Mehler Paperny, Ted Hesson, Denny Thomas, Suzanne Goldenberg Organizations: REUTERS, New, . Homeland, Washington , D.C, Ottawa, New York City, Department of Homeless Services, U.S . Department of Homeland Security, Reuters Graphics Canada, United, Colombian, Immigration, Refugee Board, Canadian, Reuters, U.S, . Citizenship, Immigration Services, TLC, Border Patrol, University of Ottawa, Thomson Locations: U.S, Quebec, Niagara Falls , Ontario, Canada, CHAMPLAIN , New York, WASHINGTON, Peru, United States, New York City, Plattsburgh, Washington ,, New York State, New York, Haitian, Syracuse, El Paso, West Virginia, Niagara Falls, Guatemala, Champlain , New York, Montreal, Canada's province, Manitoba, Washington

☆ Inflation in Singapore will probably stay high in the first few quarters of 2023, UOB says
▼ + stars: | 2022-12-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation in Singapore will probably stay high in the first few quarters of 2023, UOB saysAlvin Liew of the bank discusses the "few things at play," including the country's tight labor market.

Customers of a restaurant watch the announcement made by Malaysian Prime Minister Ismail Sabri Yaakob dissolving the parliament and calling for general elections at Kuala Lumpur, Malaysia, October 10, 2022. "The people's mandate is a powerful antidote for the country to manifest political stability and create a strong, stable and respected government after the general election," Ismail said. UMNO is trying to win back its dominant position by pressing for early elections, having recently won state level elections. CORRUPTION FIGHTWith the dissolution of the parliament, Ismail, who came to power in August 2021, becomes the shortest serving prime minister in Malaysian history. He was named as UMNO's prime minister candidate in April, though it was unclear if he still had that support.

Register now for FREE unlimited access to Reuters.com RegisterBecause of this agreement asylum-seekers cross between ports of entry and turn themselves in to police to pursue refugee claims. Canada is trying to extend the agreement so it applies across the entire land border. The influx could be as simple as pent-up demand following pandemic border restrictions Canada lifted last fall, said University of Ottawa immigration law professor Jamie Chai-Yun Liew. "The Safe Third Country Agreement violates people's rights and needs to be torn up because of that. But also, from a very practical perspective, tearing up the Safe Third Country Agreement would mean that Roxham Road would be closed down."

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