Ericsson releases its 10 hot consumer trends for 2019

Source: Ericsson website. Infographic of the 10 hot consumer trends for 2019.

· Consumers expect smart speakers to take part in family arguments, just like other family members

· Virtual assistant users think devices that understand our moods will be mainstream in three years

· Augmented reality and virtual reality (AR and VR) users want hands-on virtual guidance for tasks such as cooking or making repairs

Ericsson has released the 8th edition of its ConsumerLab trend report, 10 Hot Consumer Trends 2019, representing predictions of 34 million early technology adopters.

The latest edition of the annual report evaluates consumer thoughts and predictions on near-future technology including artificial intelligence (AI), VR, 5G and automation. The report reveals that autonomous and mood-predictive technology could soon play a bigger role in people’s everyday lives.

Dr Michael Björn, Head of Research Agenda at Ericsson Consumer & IndustryLab, and main author of the report, says: “Imagine a smartphone that not only knows what you do but also knows who you are. Today, AI can understand your personality just by looking into your eyes. It’s clear that technology adopters see a future where our devices know us better than we know them.”

The 10 hot consumer trends for 2019 and beyond are:

Awareables

More than six in 10 virtual assistant users think devices that understand our moods will be mainstream in three years.

Smart quarrels

Over 65% of virtual assistant users think smart speakers will argue like family members in three years.

Spying apps

Over 45% of consumers think apps collect data about them even when they are not using the app.

Enforced agreement

Always having to accept data collection cookies annoys 51% of consumers.

Internet of skills

More than 50% of AR or VR users want apps, glasses and gloves that give virtual guidance for practical, everyday tasks such as cooking or carrying out repairs.

Zero-touch consumption

Around half of virtual assistant users want automated bills and subscriptions, as well as self-restocking household supplies.

Mental obesity

A third (31%) of consumers soon expect to go to ‘mind gyms’ to practice thinking, as everyday decision-making becomes increasingly automated.

Eco Me

Nearly four in 10 (39%) of consumers want an ecowatch that measures their carbon footprint.

Digital twins

Nearly half (48%) of AR or VR users want online avatars that mimic them exactly, so they can be in two places at once.

5G automates society

Around 20% of smartphone users believe 5G will better connect IoT devices, such as household appliances and utility meters.

On whether we should see this near-future technology as a threat or an opportunity, Dr Pernilla Jonsson, Head of Consumer & IndustryLab at Ericsson says: “We have already entered the age when humans and intelligent machines are interacting and working together. So far, we’ve only taken small steps into the future. Most of the zero-touch future is yet to be developed – and how we create that future is still in our hands.”

Details:

Watch the video

*The insights in the report are based on Ericsson ConsumerLab’s global research activities over more than 23 years, and primarily draw on data from an online survey conducted during October 2018 of advanced Internet users in 10 influential cities across the world.

Too few Singapore job seekers are looking for roles in emerging tech

An analysis of technology jobs on the Indeed job site has revealed that too few job seekers in Singapore are looking for technology roles.

Job postings in cybersecurity, data science, machine learning, and robotics were compared to job searches and job-seeker interest in the same areas over a two-year period to understand the magnitude of the problem.
 
Indeed’s research showed that the gap between job postings and job searches was most stark for roles in cybersecurity. Recent high-profile cybersecurity headlines in Singapore, as well as an overall push by the government has led to an increasing demand for cybersecurity talent, Indeed said. Yet from July 2016 to July 2018, growth in job searches for cybersecurity was negligible, despite job postings growing by over 500%.

There is increasing interest in machine learning and data analytics jobs in Singapore however. Searches for machine learning-related roles increasing by 139% over two years. Job-seeker interest in data analytics is also on the rise, though at a much slower pace (48% growth).

Over the two years, the number of job postings in these three areas have grown exponentially. The number of roles in machine learning grew by more than 300% while data analytics was the fastest growing of the four specialties analysed, recording a 700% increase in job postings.
 
At 30% growth, the demand for robotics jobs postings has not increased as steeply as for other industries. Job-seeker interest in robotics recorded the highest growth (64%), showing that the talent gap in robotics is closing.
 
“We analysed data for cybersecurity, machine learning, data analytics and robotics due to their massive potential to be a disruptor of business. The demand for talent in these areas is currently going unfulfilled as evidenced by the lack of interest from job-seekers.

"Businesses, educators, and governments should make every effort they can to encourage talent in these areas and grow a diverse technology talent pool so that Singapore can continue to progress as a technology leader in ASEAN,” said Andrew McGlinchey, Senior Director, Indeed Asia-Pacific.

Singapore's 2017 Budget is all about managing uncertainty

Source: Singapore Budget website. View of Singapore.

The Singapore Budget 2017 was a call to reposition the country to the future at a time of deep shifts in the global economy, leading to both challenges and opportunities for Singapore. Singapore Minister for Finance Heng Swee Keat said Singapore should develop strong capabilities in both firms and workers so they can adapt to the changes in economic structures and technology.

"Digitalisation, innovation and highly skilled workers will enable cities and regions to prosper while staying open and connected to the world," he said.

Heng also called for deep partnerships domestically. "The government’s role is not to plan every move, but to forge a common understanding of the changes, and foster partnerships with businesses, unions, firms and workers, with each playing a key role. We need to pool our resources and ideas, and solve problems together. Such networks of trust will allow us to seize opportunities and respond to unexpected challenges," he noted.

Retail was singled out among the sectors that are facing structural shifts, and advised to embrace technology to help transform business models. Heng suggested retailers leverage digital capabilities to access new markets through online marketing, and e-commerce platforms.

Budget 2017 provides both near term support measures, with a targeted approach to address sector-specific needs, and also addresses the Committee on the Future Economy’s seven mutually reinforcing strategies for the medium to longer term. It includes measures to strengthen corporate capabilities, particularly in promoting digitalisation, with a new SMEs Go Digital Programme, and strengthened capabilities in data and cybersecurity.

There are also measures to promote innovation and scaling up globally, including improving access to intellectual property (IP), a new Tech Access Initiative, a new International Partnership Fund, and financing support for local companies with overseas infrastructure projects.

For employees

The Budget seeks to deepen Singaporean’s capabilities by developing a skilled and adaptable workforce, with workers that hold their own when operating overseas while also deepening existing skillsets to remain in productive jobs. A Third Enabling Masterplan will be introduced to better integrate persons with disabilities into the workforce and to give support for caregivers.

Heng said that 2017 would see increased wage and training support provided under the Career Support Programme, the Professional Conversion Programme, and the Work Trial Programme. "We will introduce an Attach and Train initiative for sectors that have good growth prospects, but where companies may not be ready to hire yet. Instead, industry partners can send participants for training and work attachments. This will increase the chances of these workers to find a job in the sector later," he added.

Employer support

For employers, Singapore's Wage Credit Scheme is to continue to help firms cope with rising wages. "We expect to pay over S$600 million to businesses this March. Roughly 70% of this amount will be to SMEs," Heng shared.

The Special Employment Credit will continue to provide employers with support for the wages of older workers till 2019. Over S$300 million, which will benefit 370,000 workers, will be paid out in FY2017.

The SME Working Capital Loan will also be available for the next two years. Under this initiative the government co-shares 50% of the default risk for loans of up to S$300,000 per SME. "There has been good take-up for this scheme. Since its launch in June 2016, the scheme has catalysed more than S$700 million of loans," Heng commented.

Two more measures have been introduced to support firms. The Corporate Income Tax (CIT) Rebate has been enhanced further. It was enhanced from 30% to 50% of tax payable, capped at S$20,000 each year for year of assessment (YA) 2016 and YA2017, and that cap is now raised to S$25,000 for YA2017. The CIT rebate is further available for another year, to YA2018, at a reduced rate of 20% of tax payable, capped at S$10,000.

The government will also provide more support for firms hiring older workers. The Ministry of Manpower will raise the re-employment age from 65 to 67 years, with effect from 1 July 2017. This will apply to workers younger than 65 on that day.

The Additional Special Employment Credit has been extended till end-2019 and is expected to benefit about 120,000 workers and 55,000 employers. Under this scheme, employers will receive wage offsets of up to 3% for workers who earn under S$4,000 per month, and who are not covered by the new re-employment age of 67 years old. When combined with the Special Employment Credit, employers will receive support of up to 11% for the wages of eligible older workers.

Heng focused next on the recommendations of the Committee for the Future Economy. "Technology is reshaping businesses, jobs and lifestyles across the world. We must spot the opportunities in the digital economy, and make the most of our strengths as a nimble, well-educated, tech-savvy society," he said.

"As we mature as an economy, we must compete on the quality and novelty of our ideas, and our ability to create value. We need to build a strong innovation and enterprise engine, to complement our traditional strengths in efficiency and speed."

Elaborating further on the technology strategy, Heng said that digital technology, embraceing innovation, and scaling up should be the hallmarks for the year, and introduced new initiatives to help enterprises "build capabilities to go international, go digital, and to innovate".  "Digital technology has unique potential to transform businesses, large and small, across the economy. The first way to strengthen our enterprises, especially small and medium sized enterprises (SMEs), is to help them adopt digital solutions," Heng said. 

More digital help for SMEs

A new SMEs Go Digital Programme has been created to help SMEs build digital capabilities, to be helmed by the Info-communications Media Development Authority (IMDA) in collaboration with SPRING and other sector lead agencies. The SMEs Go Digital Programme will have three components, Heng said:

+Step-by-step advice on the technologies to use at each stage of their growth through sectoral Industry Digital Plans. "We will start with sectors where digital technology can significantly improve productivity. These include retail, food services, wholesale trade, logistics, cleaning and security," Heng said.

+In-person help at SME Centres and at a new SME Technology Hub to be set up by IMDA. SMEs will be able to ask about off-the-shelf technology solutions that are pre-approved for funding support, or connect to info-communications and technology (ICT) vendors and consultants. "The more digitally advanced firms can get specialist advice from the SME Technology Hub," Heng added.

+Advice and funding support for SMEs that are ready to pilot emerging ICT solutions. "We will work with consortiums of large and small firms to help them adopt impactful, interoperable ICT solutions, to level up whole sectors," Heng promised.

Data and security

Singapore also plans to level up on capabilities in data and cybersecurity. "With increased digitalisation, data will become an important asset for firms, and strong cybersecurity is needed for our networks to function smoothly. The Cyber Security Agency (CSA) of Singapore will work with professional bodies to train cybersecurity professionals," Heng said. 

Driving innovation

The Singapore government is also making it easier to tap into expertise at existing research institutes. Heng noted that A*STAR, which already works with firms to identify how technology can help them innovate and compete, will expand its efforts to support 400 companies over the next four years.

Additionally, Intellectual Property Intermediary, a SPRING affiliate, will be working with companies to match them with suitable IP.  "It will work with the Intellectual Property Office of Singapore (IPOS) to analyse and bundle complementary IP from Singapore and overseas," Heng said. 

A*STAR's Headstart Programme, which allows SMEs that co-develop IP with A*STAR to enjoy royalty-free and exclusive licences for the first 18 months, has been extended to the first 36 months.

"We will also support companies in the use of advanced machine tools for prototyping and testing, which may require costly specialised equipment. A*STAR will provide access to such equipment, user training and advice under a new Tech Access Initiative," Heng said. 

Expanding internationally

A new S$600 million International Partnership Fund has been set up to help companies grow overseas. The fund will co-invest with Singapore-based firms to help them scale up and internationalise.

IE Singapore’s Internationalisation Finance Scheme will be enhanced. The government will catalyse private cross-border project financing to smaller Singapore-based infrastructure developers by co-sharing the default risk of lower quantum, non-recourse loans. "We will also catalyse financing for projects undertaken by larger firms in higher-risk developing markets, by providing a share of the needed sovereign risk insurance coverage. Overall, these enhancements will enable more companies to take on more overseas projects," Heng said. 

Ecosystem for global innovation

Innovation and growing internationally were also the seeds for the Global Innovation Alliance, which is designed to help Singaporeans gain overseas experience, build networks, and collaborate with their counterparts in other innovative cities. The Global Innovation Alliance will have three programmes:

+The Innovators Academy will enable tertiary students to build connections and capabilities overseas. The academy builds on the NUS Overseas College programme, which connects students to startups overseas. The Innovators Academy will go further by making these opportunities available to students from other Singapore universities. "We aim to grow the annual intake of students from 300 to 500 over the next five years," Heng said.

+Innovation Launchpads will be set up in selected overseas markets, enabling entrepreneurs and business owners to connect with mentors, investors and service providers.

+Welcome Centres are inbound, allowing foreign companies to link up with Singapore partners to co-innovate, test new products in Singapore, and expand in the region.

"The Global Innovation Alliance is a novel collaboration among our educational institutions, economic agencies and businesses. In the initial phase, we will launch the Alliance in Beijing, San Francisco and various ASEAN cities," Heng said.

Building the leaders for internationalisation

To ensure that companies expanding overseas have capable Singaporean leaders with overseas experience, the SkillsFuture Leadership Development Initiative will expand on leadership development programmes. Promising individuals will be sent on specialised courses and overseas postings, beginning with a target to develop 800 potential leaders over the next three years.

For building skills in general, local educational institutions will be offering short, modular courses, and expanding the use of e-learning. Funding support for Singaporeans to take approved courses will continue to be available through the SkillsFuture initiative. 

When it comes to applying those new skills, Heng said employers, trade associations and chambers (TACs), unions and the government will work together. "First, we must make sure that skilled workers are matched to where they can best use their skills. We will make the National Jobs Bank more useful for jobseekers and employers, and work with private placement firms to deliver better job matching services for professionals," he said. 

Heng also called for employers, TACs, and unions to actively offer structuring training for workers "Employers and TACs who develop training programmes for their workers and the industry can receive funding support from SkillsFuture Singapore," he said.

  

Industry Transformation Maps (ITMs)

ITMs, announced last year, bring together various stakeholders – TACs, unions, and the government – to align efforts around sector trasnformation. Six of the projected ITMs for 23 sectors have already been launched. The remaining 17 are expected to debut in FY2017.

Heng emphasised that the ITMs are living plans that can be changed. "Where we spot opportunities, including ones that do not fit any existing industry, we will adapt our ITMs to seize them. We must also maximise synergies between related ITMs, such as between the food services and hotel industries," he said.

Heng mentioned Singtel as a shining example of what can be done for skills development both internally and for the industry as a whole. "Singtel not only trains its IT services employees to transition into cyber security roles, it also works with CSA and the IMDA on the Cyber Security Associates and Technologists programme to develop mid-career talent for the broader cyber security industry. Singtel has also launched its Cyber Security Institute to train technical professionals, management and boards to better handle cyber breaches. It also engages students through internship programmes," he said.

 
Regulations to keep pace with digital change

Heng noted that the government is transforming in tandem with industry. The Monetary Authority of Singapore (MAS) has announced a simplified regulatory framework tailored to the needs of venture capital firms, he said. "This will give them greater flexibility, making Singapore more conducive to venture capital investment, thereby enhancing the supply of financing for startups," he explained.

Heng also said more space for innovation is facilitated through a concept called regulatory sandboxing. "This involves setting boundaries within which some rules can be suspended, to allow greater experimentation," he said. "The Land Transport Authority (LTA) has done this with self-driving vehicles, setting out specific zones where they can be tested on roads. Likewise, MAS has set up a regulatory sandbox for fintech."

"Regulatory agencies will further explore how we can facilitate innovation. For instance, our regulators can make their risk assessments for new products and services more swift and effective. A good example is the Health Sciences Authority (HSA), which will be setting up a priority review scheme to evaluate new and innovative medical devices. This will accelerate the commercialisation process and make Singapore a preferred location to launch these devices," he said.

The government will also top up the National Research Fund by S$500 million, to support innovation efforts, and the National Productivity Fund by another S$1 billion, to support industry transformation. "All in, we are putting aside S$2.4 billion over the next four years to implement the CFE strategies. This will be over and above the S$4.5 billion set aside last year for the Industry Transformation Programme," Heng said. 

Reactions were mixed. The Singapore Business Federation (SBF) said the Budget announcements this year were 'underwhelming' in terms of short-term measures, but welcomed the longer-term initiatives. The SBF said there is inadequate short-term support to lower business and compliance costs, although the business community has been communicating concerns on rising business costs for some time.

The association welcomed the medium to long-term measures in the areas of internationalisation, innovation and development of digital capabilities, which continue to pave the way for the future economy, however.

“While it is comforting to know that this year’s Budget has a strong focus of preparing our SMEs for the future economy, the current business outlook remains challenging. The business community requires immediate stimulus. We hope to see more details shared at the Committee of Supply debate. The SME Committee will continue to provide the platform for government and businesses to work together to transform our industries,” said Lawrence Leow, Chairman of the SBF-led SME Committee.

“This year’s Budget on the short-term measures to help businesses fall short of our expectations. However, we are confident that the government is monitoring the situation very closely and will respond accordingly when the need arises. Also, SBF and the TACs look forward to working closely with the government on the implementation of the remaining 17 ITMs,” added SS Teo, Chairman, SBF.

Tom Beach, Country MD, Singapore, Telstra, commented that it is encouraging that the Budget announcement and CFE report seek to tackle the challenges which Telstra has also identified in recent research. Telstra's research showed that Singapore is a leader in Asia when it comes to the quality of its digital infrastructure, but also gaps in digital skills and digital partnerships.

"Reflecting the fact that digital skills are becoming central to business success and there is global competition for talent, initiatives to cultivate digital literacy in the workplace and link people with jobs, like the enhancements to the National Jobs Bank, are important. To be truly successful, Government programmes need to be complemented by the private sector continuing to actively train their staff to maximise the benefits from using the latest technologies," he said.

"In addition to training, government- and corporate-driven innovation hubs can also play a role in developing talent and opening up pathways for new businesses to emerge. To grow the country’s digital economy, we trust that Singapore will continue to pursue policies that make it easier for high-growth startups to base their operations here and export their innovative solutions globally."

Beach shared that Telstra believes an era of “co-corporation” is emerging. "Digital partnerships accelerate expansion into new markets and customer segments, facilitate the development of new products and services, and augment existing capabilities. With the newly announced Global Innovation Alliance, Singaporeans – through the Innovators Academy, Innovation Launchpads and Welcome Centres – can now formally gain overseas experience, build networks and collaborate with counterparts in other innovative cities," he said.

Interested?

More details of the new or enhanced initiatives will be shared by the various ministries in charge at the Commitee of Supply debates, which are typically held soon after the Budget announcement.

Read the full Budget 2017 speech or watch the Budget 2017 delivery video (over 1.5 hours)

Hashtag: #SGBudget2017

Singapore Year-end Gift Guide 2016: the personal edition

Round out the year with a gift for yourself that helps you feel good, look good, work smart or enjoy yourself - sometimes all four at once. The latest in gadgets and appliances make use of technology to offer new experiences:

Breathe pristine air

Source: Philips. The series 2000.

The Philips Air Purifier series 2000 features three smart auto modes for the cleanest air possible – pollution, allergen, and bacteria & virus. The AC2887/30 model comes with a professional-grade AeraSense sensor that detects and adjusts rapidly to pollutants. The range can also measure PM2.5 levels in real time, with a colour ring and numerical displays that show whether the air you are breathing is healthy, irritating to sensitive groups, unhealthy, or very unhealthy.

~*~

More productive haircare

To keep hair looking great, the Philips DryCare Essential Energy Efficient Hairdryer (BHD029) sports new PowerSmart airflow technology that blow-dries hair and smoothes frizzy ends with the power of a 2,100W dryer but with just 1,600W of energy use. For those who want to style curls, the Philips StyleCare Curler (BHB864) uses ceramic, tourmaline-infused barrels to protect against frizz. The Curler has a fast heat up time - it is ready to use in 60 seconds.

Source: Philips. The StyleCare BHB869.

For added protection without compromising on style, try the Philips StyleCare Sublime Ends Curler (BHB869) features SplitStop technology to protects fragile ends by optimising heat performance and minimising friction, while its keratin-enriched barrel will keep hair extra smooth and healthy.

Those looking for a closer shave can consider the new Philips Shaver Series 9000 Wet and Dry Electric Shaver (S9751), Philips’s most advanced shaver with a unique V-Track system.

~*~

Make short work of dental maintenance

Source: Philips. The HX8331/03.

The S$199 Philips Sonicare AirFloss Ultra (HX8331) uses air and mouthwash to clean between teeth, offering up to 99.9% plaque removal for those who do not floss regularly. Its high performance nozzle utilises the power of air and micro-droplet technology to deliver a powerful spray that has been clinically proven to be as effective as flossing.

The Philips Sonicare FlexCare Platinum Electric Toothbrush (HX9172) has an AdaptiveClean brush head follows the contours of teeth and gums for better plaque removal and healthier gums. The FlexCare Platinum’s  InterCare brush head is clinically proven to remove seven times more plaque between teeth than a manual toothbrush while its patented sonic technology drives fluid between teeth for a gentle and more effective clean.

Interested?

• The Philips Air Purifier series 2000 ranges from S$599 to S$699. 
• The Philips StyleCare Curler BHB864/00 costs S$59. 
• The Philips StyleCare Sublime Ends Curler BHB869/00 is S$79.
• The Philips DryCare Essential Energy Efficient Hairdryer BHD029/03 is S$65. 
• The Philips Shaver Series 9000 Wet and Dry Electric Shaver with SmartClean System PLUS and Aquatec Wet & Dry (S9751/33) is S$599. 
• The Philips Sonicare HX9172/10 FlexCare Platinum electric toothbrush costs S$285. 

Philips products are available at leading electronics stores, major department stores and selected authorised dealers.

~*~

Skin regimens go high tech

Source: Philips. The VisaPure Advanced.

For glowing skin, try the Philips range of skincare devices. Start by exfoliating with Philips VisaCare Microdermabrasion (SC6240) to boost blood circulation and remove dead skin cells, resulting in younger-looking skin in four to six weeks. Its Air Lift System helps to gently stimulate microcirculation while the exfoliating tip stimulates the cell renewal process.

Then, cleanse and do an at-home facial with the Philips VisaPure Advanced (SC5370), which has a three-step routine that keeps complexions radiant and revitalised. Its massage programme delivers 120 nano-vibrations per second while Customised DualMotion technology with Intelligent Head Recognition provides specific levels of rotation and vibration for different skincare benefits.

Finish off with the Philips VisaBoost Ultrasound facial moisturiser (SC2800), which has a Dual Action System that Philips says will enhance the overall absorption of skincare products for better maximum effect.

Interested?

The Philips VisaPure Advanced SC5370/10 costs USS$455 while the Philips VisaCare Microdermabrasion SC6240/01 is priced at S$489, and the Philips VisaBoost Ultrasound Facial Moisturizer SC2800/00 at S$269. The devices are available at selected Sephora stores including Ion Orchard, Marina Bay Sands, Serangoon NEX, Suntec City Mall and Vivo City.

~*~

Make the best use of available storage

Transferring data between devices can still be inconvenient in the age of the cloud. SanDisk has made the task less onerous with a range of solutions for different needs.

Source: SanDisk. The Ultra Dual USB Drive 3.0.

Transfer files quickly between PCs, Macs and next-generation devices with reversible USB Type-C connectors – in up to 128GB with the SanDisk Ultra USB Type-C and Ultra Dual Drive USB Type-C flash drives, both of which feature USB 3.1 and read speeds up to 150 MBps.

The pocket-sized iXpand Flash Drive is designed to help iOS users free up space, and is available in capacities up to 128GB. A USB 3.0 connector enables faster transfer speeds to Macs or PCs.

Source: SanDisk. The iXpand Flash Drive for iOS devices - iPads and iPhones.

For added convenience, save, store and share content from a mobile device wirelessly with the SanDisk Connect Wireless Stick. The stick comes in several capacities, to a maximum of 200GB, and can connect up to three devices at once. It is compatible with iOS, Android and Kindle devices.

Source: SanDisk. The SanDisk Connect Wireless Stick.

The handy SanDisk Ultra Dual USB Drive 3.0 and Ultra Dual Drive m3.0 have integrated micro-USB and USB 3.0 connectors for moving content easily between OTG-enabled Android devices to PCs or Macs. The drives are available in capacities up to 128GB.

Source: SanDisk. The Ultra Dual Drive m3.0.

Need something larger? The SanDisk Extreme 500 Portable SSD drive allows users to transfer files at up to 415 MBps, and is available at up to 480GB* in capacity. The drive has rubber bumpers and comes with a metal ring to allow clipping onto a bag.

~*~

Smartphones with hardware mods

Fit for photography lovers, movie buffs and music-junkies looking for a battery-powerhouse, the Moto Z series from Motorola is full of possibilities. Instead of integrating everything within the phone chassis, the phones work with snap-in modules called Mods that add on new hardware capabilities.

Source: Lenovo/Motorola. The Moto Z.

At 5.2mm, with a body of military aircraft-grade aluminium and stainless steel, the Moto Z epitomises luxury style. Its 14cm (5.5”) Quad HD AMOLED display ensures content with fine detail, and its 13 MP back camera and 5 MP front camera work in any lighting condition.

Moto Z Play features Motorola's longest-lasting battery ever with TurboPower charging that allows up to seven hours of use with a 15-minute charge, a 16 MP camera and a 1080p Super AMOLED display.

Source: Lenovo/Motorola. The Moto Z Play.

The Moto Z and Moto Z Play work with an array of interchangeable snap-in modules called Mods that transform the phone into a projector, music player, battery powerhouse, or more.

Source: Lenovo/Motorola. A selection of snap-on Mods for the Moto Z and Moto Z Play families.

Interested?

The Moto Z and Moto Z Play cost S$899 and S$699 respectively. The Hasselblad True Zoom Camera Moto Mod is priced at S$459, while the JBL Soundboost Speaker Moto Mod costs S$139. The Insta-Share Projector Moto Mod costs S$399 and the Incipio offGRID Power Pack is S$139. Retail pricing of the Moto Z series as listed is valid at Lenovo-exclusive stores and partners. For festive promotions or bundle deals, visit Lenovo-exclusive stores and partners to find out more.

~*~

Computing tailored towards your outlook in life

Dell has gifts categorised by persona, a design approach which has governed its latest laptop and desktop portfolio.

If you abide by the principles of Do Well. Live Well, and Dress Really Well the stylish and sophisticated XPS 13 may well be perfect for you. This ultra-slim laptop boasts a 13.3" virtually borderless InfinityEdge display, is just 1.28 kg and 915mm thick.

If being productive and organised is your priority, the Inspiron 15 5000 Series laptop has your name on it. The laptop is powered by the latest 7th Gen Intel core processors and AMD Radeon R7 M445 graphics.

For those who like to share pictures and information, the versatile Dell Inspiron 13 5000 2-in-1 has an innovative 360-degree hinge, that allows users to switch easily between four different modes (tent, stand, laptop and tablet mode) as the occasion demands. A solid state drive (SSD) option provides longer battery life and better responsiveness.

Source: Dell. The Dell Inspiron 15 7000 Gaming Edition.

What about a laptop powerful enough for gaming, yet sedate enough for the young professional? With the Intel i5 and i7 Quad-Core processor options and thermal cooling fans, look to the Dell Inspiron 15 7000 Gaming Edition. The 15.6” UHD Truelife LED, backlit 4K display delivers crisp and vivid graphics while serious animation runs smoothly with the NVIDIA GeForce GTX 960M GPU with 4GB GDDR5 memory.

Interested?

Read the TechTrade Asia blog post about the latest XPS and Inspiron refresh

• The Dell XPS 13 starts at S$1,899
• The Dell Inspiron 15 5000 Series laptop starts at S$749
• The Dell Inspiron 13 5000 2-in-1 starts at S$1,199
• The Dell Inspiron 15 7000 Gaming Edition starts at S$1,899

~*~

Complete flexibility with an Avengers-themed tablet-keyboard combination

E-Huge Technology, in collaboration with Microsoft, recently launched a range of Avengers-themed Windows 10 devices in Singapore. The devices ship with Windows 10 Anniversary Update and come in three form factors, each of which is complemented by an included, specially-designed matching carrying sleeve or pouch.

Consider the most compact of the trio, the S$429 AVR10T – 10.1” Windows 10 2-in-1 convertible, inspired by Tony Stark/Iron Man's colour schemes and ornamentation. Complete with a glowing Arc Reactor on its lid, the AVR10T is touch-ready and snaps into a detachable keyboard for typing.

The AVR10T has a graphic of Iron Man at the bottom right of the keyboard.

Interested?

Read the TechTrade Asia blog post about the Avengers-themed device launch. The devices will be available on December 10.

~*~

More detailed images

Source: Dell. The Dell UltraSharp U2717D InfinityEdge Monitor.

Photography buffs will warm to the Dell UltraSharp U2717D InfinityEdge Monitor. The display produces vivid colours and clear outlines, and can be swivelled and tilted to order.

Interested?

The  Dell UltraSharp U2717D InfinityEdge Monitor is S$899

~*~

Get in on quality photography, videography

Source: Canon. The EOS 5D Mark IV.

Photography buffs have further reason to rejoice with these Canon products. The Canon EOS 5D Mark IV is perfect for budding movie makers. This latest addition to Canon’s best-selling full-frame line has new features such as the Dual Pixel CMOS autofocus, DPRAW, and 4K Movie Shooting capabilities.

A built-in GPS-system enables geotagging, which in combination with calibration of photo capture times, allows users to easily categorise videos and photos. The built-in Wi-Fi/NFC system also allows immediate sharing of photos with mobile devices.

Source: Canon. The PowerShot G7 X Mark II.

When space is a challenge, the lightweight prosumer Canon PowerShot G7 X Mark II may be just what you need. This compact camera features Canon’s new DIGIC 7 image processor, which has a 1" CMOS sensor for better pictures. The touch-enabled, tilt-type LCD monitor can tilt 180 degrees upwards, and also 45 degrees downwards for enhanced viewability.

Interested?

There is an EOS promotion till 1 January 2017

• The Canon EOS 5D Mark IV (Body) costs S$5,199.
• The Canon EOS 5D Mark IV Kit (EF 24 – 70 image stabilisation ultrasonic motor [IS USM]) costs S$6,249.
• The Canon EOS 5D Mark IV Kit (EF 24 – 105 IS II USM) costs S$6,599.
• The Canon PowerShot G7 X Mark II is S$799.

~*~

Portable printing and projection smarts


For those on the go, portable devices can provide an added boost of productivity. Available in white, black and pink, the 860g Canon SELPHY CP1200 printer supports up to 54 prints of up to postcard size on a single battery charge. Requests for prints sent directly from smart devices via Wi-Fi and Airprint.

Presentations become a snap with the 111 x 111 x 17.2mm Canon RAYO i8 mini projector from Canon. Weighing 269g, the RAYO i8 projector streams presentations that are stored on smart devices and sent via wired or wireless networks, running continuously for two hours on a single charge. The tiny RAYO i8 can enlarge content to a 158” image on any surface while delivering continuous brightness at 100 lumens, and supports a screen resolution of 854 x 480 (WVGA) pixels.

Source: Canon. The RAYO i8 mini projector.

Interested?

• The Canon SELPHY CP1200 printer costs S$199. The black version was sold out at the time of writing.
• The Canon RAYO i8 mini projector is S$749.

Read the WorkSmart Asia Singapore Year-end Gift Guides for travel and food

SITEX 2016 promises to be immersive, educational

Source: SITEX website. Scene from SITEX 2015.

SITEX, Singapore's annual lifestyle IT show that connects people to technology, will be moving up a notch this year with new experiential activities - a dance competition incorporating technology, IMDA's children's technology space (IMDA Pixel Labs), NTU intelligent systems, and SITEX Innovation Alley presented by the Singapore Infocomm Technology Federation (SITF) - all designed to be educational, entertaining and engaging for visitors.

Organised by SITF and managed by SingEx Exhibitions, SITEX will also deliver a more immersive experience at four zones - Adventure IT, Gaming Arena and Smart Home and Appliances, which were launched in 2015 and a new technology zone that allows visitors to try out the latest innovations and gadgets.

"Consumers are more sophisticated today, and they are looking beyond just the next bargain in a consumer technology show. We have listened to the pulse of the market and the voices of our visitors, and we intend to heighten the visitors' experiences by providing them the firsthand experience on pioneering products and solutions which can enhance home living and family entertainment, improve fitness (with) dance workouts and others." said Adrian Sng, GM of SingEx Exhibitions. "SITEX remains the only consumer technology expo in Singapore where visitors can personally unlock the benefits of technology in real-world scenarios."

"The support of our loyal customers and partners has made SITEX the highly-anticipated annual lifestyle technology event. Their vote of confidence serves as an affirmation for us to raise the bar each year and showcase more inspirational applications and devices that affects the way we live our lives. SITEX is an excellent platform to push for technology innovations in Singapore and be a catalyst to being future-ready," added Ng Tian Beng, Chairman of SITEX and First Vice
Chairman of SITF.

SITF, in collaboration with SITEX, created SITEX Innovation Alley 2016 for the second year running to enable selected innovative startups to showcase their products and ideas to the public at SITEX 2016. Featuring new startups offering innovations ranging from augmented reality and e-commerce to educational technology, SITF provides the opportunity for the young startups to build brand exposure, better their innovations through consumer feedback and participate in the technology revolution.

Four thematic zones

SITEX will present the latest technologies in a home environment (Smart Home and Appliances), an outdoor and indoor sports environment (Adventure IT Zone) and a gaming environment (Gaming Arena).

In the smart home zone, visitors will experience innovative technologies presented by Homeation, powered by Fibaro, a smart home company that specialises in connecting hardware appliances that can integrate seamlessly from a single source to assist with daily chores, reduce safety concerns for the young and the elderly, keep track of our health, and improve home security. Visitors can experience future-ready technology demonstrations in a mock-up apartment, such as motion sensing technology in home appliances like air-conditioning, lighting and security cameras and auto settings for kitchen appliances.

In addition, visitors can take part in one of the five scheduled group tours to understand how their house can be transformed into an intelligent living space. Registration and availability of time slots will be online on the SITEX website, and participants will stand a chance to walk away with a Fibaro starter kit worth S$799 via the Trivia and Win contest. The giveaway will happen daily for four winners in total.

The Adventure IT zone is a high-energy sports area, created in collaboration with MegaZip and GoPro where personal technology devices that inject fun and elevate fitness take centrestage. Featuring two trampoline setups, visitors can participate in the free play trampoline bounce on Mega Air, or form teams to have a go at CrazyBounce, a slam dunk arena on trampoline while interacting with GoPro action cameras and other wearable technologies.

There will be an Adventure IT Showdown, a contest in which participants can submit their best captured slam dunk moments and stand to win attractive prizes. Adventure IT Showdown is happening daily from 6pm to 7pm at the CrazyBounce Arena. The interactive sports and entertainment activities are open to all.

Gaming is no longer restricted to the domain of first-person shooter games, but is much more inclusive with the advent of gamification. Games are now used for entertainment, as well as for learning and simulation. SITEX, in collaboration with GamePro Singapore will showcase virtual reality (VR) gaming with an experiential zone. GameAsia will also be present at the SITEX Gaming zone during the exhibition period.

The new Tech Zone is segmented into three areas. The first section features IMDA Pixel Labs, an educational tech area where children from five to 16 years old can try their hands on the latest technology applications like 3D printing and programmable toys. The second section features SITEX Innovation Alley by SiTF. The last segment is a NTU Intelligent Systems showcase by NTU student teams, where they will display and demonstrate their latest and most accomplished work.

To foster community engagement, SITEX will also feature its own-curated Spotify playlist on the showfloor.

Interested?

SITEX 2016
Singapore Expo Halls 5 and 6
24 to 27 November 2016
11am to 9pm

Global study shows employees lack the tools to focus at work

Plantronics has announced the results of a global Oxford Economics study on the effects of open workplaces on employees. The research studied what workers want from their office environments, and what managers need to do to enable the highest productivity and satisfaction from their people.

Oxford Economics interviewed more than 1,200 senior executives and non-manager employees from many industries and functional areas. Respondents came from the US, Canada, the UK, Germany, India, China, Australia, Denmark, Sweden, Finland, and Norway. The study also included detailed interviews with executives who are taking steps to deal with these business collaboration and productivity challenges in their open offices.

Key findings were:

• Workers just want to work. The ability to focus without interruptions is a top priority for employees when it comes to office design; access to amenities like free food is far less important.
• Technology integration is a work in progress. Employees are expected to be connected to the office all the time—but only 40% say the devices they use at home integrate seamlessly with their work tools.
• Constant connectivity breeds compulsive behaviour—and could lead to burnout. More than one-third of employees say they use their tech devices primarily out of habit or compulsion, fear of missing out, or social pressure.
• Managers don’t see the problems. Nearly two-thirds of executives say employees are equipped with the tools they need to deal with distractions at work; less than half of employees agree.

“Noise and distraction have a big impact on productivity,” says Edward Cone, Deputy Director of Thought Leadership and Technology Practice Lead at Oxford Economics. “These are issues that companies can address—but first they need to acknowledge the problem.”

The report lists the following recommendations for employers, to help their employees work more productively, which is something the report says workers want to do:

• Begin a dialogue with employees about what is working and what needs to change regarding office design, working remotely, and technology use
• Ensure employees have the tools and devices needed to work from anywhere
• Give employees the quiet time, spaces, and tools required to conduct focused work
• Encourage everyone to disconnect after hours, to find a balance between work and life

Since employee satisfaction and productivity contribute directly to an organisation’s financial success, this research concludes that a well-designed office space, integrated technology, and better work/life balance are well worth the effort.

Interested?

Download the paper

Malaysia Debt Ventures launches Bumiputera Technology Fund

Malaysia Debt Ventures (MDV), a wholly-owned subsidiary of the Minister of Finance Inc., in collaboration with Unit Peneraju Agenda Bumiputera (TERAJU), has launched the Bumiputera Technology Fund (BTF) for technology-based companies.

The development of the new BTF programme is a step forward in the collaboration between MDV and TERAJU, which has helped to create a pipeline of quality and sustainable bumiputera* entrepreneurs. MDV and TERAJU are continuing the momentum with the new fund, totalling RM100 million. Bumiputera technology-based companies that are listed under TERAJU’s SUPERB and Syarikat Bumiputera Berprestasi Tinggi (TERAS) programmes are eligible for BTF funding..

Nizam Mohamed Nadzri, MDV’s Senior Vice President of Corporate Services said, “The BTF is envisaged to ensure a more comprehensive financing ecosystem for bumiputera companies, in particular, technology-based companies. The fund also targets to fill in the funding gap that exists for startups under SUPERB, as a follow-on funding programme to the grants received from TERAJU.”

He further explained that the BTF is a progressive proposition for MDV from the perspective of MDV’s dual mandate to provide development financing and nurturing to technology SMEs in a sustainable manner, particularly as the fund will fund graduates of the SUPERB programme who may require nurturing to achieve their goals.

Apart from improving access to finance, particularly for startups in the technology sector, the shari'ah-compliant fund also serves to fulfill customer demand for more diverse Islamic facilities.

To be eligible for financing under the BTF programme, TERAS and SUPERB companies must be incorporated in Malaysia with a minimum paid-up capital of RM100,000 and possess viable projects that are within the technology space. Financing facilities offered will be from a minimum of RM500,000 to a maximum of RM5 million. All applications made for financing under the fund will be subject to assessment based on MDV’s credit risk criteria as well as risk assessment processes, which are geared towards financing technology companies and projects.

MDV was established by the government of Malaysia in 2002 to provide flexible, innovative credit financing to developing high-impact and technology-driven sectors of the economy, identified and prioritised by the government as future engines of growth. As one of the agencies in Malaysia solely focusing on technology-related sectors, MDV aims to be the leading technology financier in the country. Since its establishment more than a decade ago, MDV has financed numerous technology projects in various sectors as it strives to fulfil its mandate and developmental role in the technology industry.

*Also spelt 'bumiputra', the term typically refers to people of indigenous Malay ethnicity.

Smart technologies are pushing revenues up as much as 33%

Global Avanade research*, which included Australian C-level executives, business unit leaders and IT decision-makers, shows that the majority of business leaders are already investing in, and benefiting from, the increased use of smart technologies in the workplace. Increased revenue is a major driver of their adoption, with business and IT leaders expecting up to a 33% rise in revenue from smart technologies over the next five years. Additionally, businesses anticipate retraining current employees, creating new roles and reorganising their structure as up to 20% of existing roles are repurposed.

Avanade defines smart technologies as technologies enabling products such as connected devices, wearables and intelligent automation that allow computers or machines to do work or make decisions traditionally done by humans.

Research highlights include:

· Nearly two thirds (63%) of companies are already experiencing key benefits from their smart technology investments, including increased revenue, improved customer experience and higher employee satisfaction.

· Almost all (92%) believe that it will be easier for organisations to attract and retain top talent as they increase their reliance on smart technologies.

· Close to three quarters (73%) said that they will require more skills in the areas of problem solving (61%), the ability to gather and analyse data (59%), critical thinking (51%) and collaboration (51%) as they blend smart technologies with humans.

· Six in 10 believe smart technologies will play a key role in supporting the customer experience; identifying sales leads (60%) and at-risk customers (49%).

· However, just about eight in 10 (78%) believe that their organisation has not given enough thought to the workplace ethical dilemmas created by the increased use of smart technologies.

Not quite ready: Focus on digital ethics to emerge

While the benefits of smart technology adoption are clear and compelling, C-level executives in particular are grappling with ethical issues stemming from the use of smart technologies. Seventy-eight percent of business and IT leaders believe that their organisation has not given enough thought to the workplace ethical dilemmas created by the increased use of smart technologies. Intentions are clear, however, with a majority targeting up to 10% of their IT budget at this area in the next five years.

“While the adoption of smart technologies may seem threatening to some, the reality is that successful organisations are already realising business results and planning their next round of investments in this area,” said Ashish Kumar, Avanade’s Chief Growth Officer and Digital Lead. “We believe that smart technologies can actually increase the humanity of a digital workplace and help organisations attract and retain the critical talent they need for the future.”

Interested?

Read the full survey results

Hashtag: #makeworkdigital

*Avanade’s survey was conducted from December 2015 to January 2016 by Wakefield Research, an independent research firm. It surveyed 500 C-level executives, business unit leaders and IT decision-makers in the following countries: Australia, Canada, France, Germany, Italy, Japan, Spain, the UK and the US.

Hong Kong's Budget heavy on innovation to seize opportunities in a new economic order

Hong Kong's Financial Secretary, John Tsang, unveiled the 2016-17 Budget on February 24, saying that the city should act swiftly to identify new development opportunities as a result of a new economic order being driven by breakthroughs in IT and the increasingly influential role of emerging markets in the global economy. Tsang said Hong Kong should build on its strengths, leveraging on Hong Kong people's flexibility, resourcefulness and market acumen, to find its place in the new economic order.

He cited robotics, healthy ageing and smart city initiatives as areas in which Hong Kong could apply and commercialise research and development (R&D) results. "With an ageing population and a shrinking workforce, the application of smart production technologies, in particular robotics, is vital," he said.

He said the Hong Kong Science and Technology Parks Corporation (HKSTP) was considering promoting smart production and research in the Tseung Kwan O Industrial Estate - where there are already many data centres - using robotics and IT to drive the development of the entire value chain, from product R&D and design to production, testing, marketing and branding. The project would cost HK$8.2 billion, with completion expected in 2021-22.

Funding schemes will be introduced, or enhanced, to encourage more private enterprises to invest in R&D and applied technology, and to translate outstanding local R&D achievements into products and services with commercial value.

They include a HK$2 billion Midstream Research Programme for Universities to encourage post-secondary institutions to do more midstream and applied research projects in key technology areas. Cash rebates under the R&D Cash Rebate Scheme will be increased to 40% to encourage private enterprises, small and medium enterprises (SMEs) in particular, to put more resources into R&D work. The Public Sector Trial Scheme will be extended to cover the incubatees of the Cyberport and the Science Park, while the scheme to fund technology transfer work of six universities will be extended to 2018-19.

Hong Kong has emerged as one of the world's most popular startup hubs, Tsang noted, saying that the government shall continue to offer comprehensive support to startups in various areas, including business incubation, financing, business expansion and office space. The Cyberport will earmark HK$200 million to invest in its startups, while the HKSTP will continue to support startups through its Corporate Venture Fund and incubation programmes. Tsang added that the government will set up a HK$2 billion Innovation and Technology Venture Fund, investing in local technology startups with private venture capital funds on a matching basis.

The Science Park, he continued, will expand in stages, providing an additional floor area of 70,000 sq m for startups and other technology companies by 2020. The estimated HK$4.4 billion cost is to be shared by the government and the HKSTP.

Fintech, the application of technology to the financial services sector, also offers long-term opportunities for Hong Kong. Mr Tsang said the Government would follow up on measures recommended by the Steering Group on financial technologies, which he set up last year to examine the direction of fintech in Hong Kong. A dedicated team under Invest Hong Kong will organise international events and encourage fintech startups, investors and R&D institutions to set up in Hong Kong.

The Enterprise Support Scheme, under the Innovation and Technology Fund, will also assist startups and financial institutions. The Cyberport will in addition set aside a dedicated space for fintech startups, and roll out a programme to support up to 150 fintech startups over the next five years. It will also arrange for 300 university students to join fintech training camps at overseas universities.

Tsang said creative industries are part of the new order, and that Hong Kong would continue to support their healthy growth. This includes according priority to assisting startups and nurturing talent through a HK$400 million injection into the CreateSmart Initiative. Initiatives will also be launched or enhanced, to promote the fashion, design and film industries.

Tsang pointed to emerging markets as the other major force in the new economic order. "In view of this trend we need to expand our trading ties with the rest of the world and develop more markets for Hong Kong enterprises," he said. This can be realised thanks to Hong Kong's unique advantages under "one country, two systems", he said.

Tsang observed that emerging markets along China's Belt and Road routes are likely to become the new impetus for the future development of Hong Kong, and that the government will continue to deepen understanding of these new markets among Hong Kong business. The inaugural Belt and Road Summit jointly organised with the Hong Kong Trade Development Council will be launched in May.

The government will continue to pursue trade and investment agreements to expand commercial and trading networks, creating more favourable conditions for Hong Kong enterprises. Tsang noted that negotiations for a free trade agreement (FTA) between Hong Kong and the Association of Southeast Asian Nations (ASEAN) would likely be concluded this year, and that the Government would seek to participate in the FTAs that have been, or will be, concluded between mainland China and other countries.

The government will strengthen Hong Kong's commercial connectivity to maintain the city's position as an aviation and maritime centre and support the development of high value-added logistics services. The Airport Authority Hong Kong (AA) is pressing ahead with the implementation of the three-runway system. 

Turning to financial services and new markets, Tsang said the Government is also looking to attract more multinational and mainland China enterprises to establish corporate treasury centres in Hong Kong. To that end, the Government has introduced a bill into the Legislative Council (LegCo) that would, among other things, reduce the profits tax of qualifying corporate treasury centres by 50%. The government also submitted a bill into the LegCo to provide a legal framework for introducing an open-ended fund company structure to further diversify the fund domiciliation platform in Hong Kong.

Many senior citizens are looking for investment products with steady returns. To encourage the sector to tap into the immense potential of this silver market, the Government will launch a pilot scheme to issue Silver Bonds this year and next year, targeting Hong Kong residents aged 65 or above. In addition, another iBond issue, of up to HK$10 billion, would be launched in due course, following the success of five previous issuances since 2011 under the Government Bond Programme.

Tsang pointed out that Hong Kong's 320,000 SMEs employ 50% of the private sector workforce. He said he would reduce profits tax for 2015-16 by 75% subject to a ceiling of HK$20,000. This proposal will benefit 130,000 taxpayers. Business registration fees will also be waived for 2016-17 to benefit 1.3 million business operators. To stabilise the employment market and help SMEs tide over liquidity needs, Tsang introduced three measures:

• Extend the application period for the "special concessionary measures" under the SME Financing Guarantee Scheme to February 28, 2017;
• Reduce the annual guarantee fee rate for the measures by 10%; and
• Remove the minimum guarantee fee for the measures.

To enhance the long-term competitiveness of SMEs, a Pilot Technology Voucher Programme under the Innovation and Technology Fund will be launched to subsidise the use of technological services and solutions to improve productivity and upgrade or transform business processes. The three-year pilot programme will provide, on a matching basis, a maximum subsidy of HK$200,000 for each eligible SME. 

Measures to help the tourism industry, which contributes 5% of GDP and employs 270,000 people, included help for small and medium-sized travel agents to make use of information technology to enhance the competitiveness of the industry, and new conference facilities above the proposed Exhibition Station of the Shatin-to-Central Link.

Salaries tax and tax under personal assessment for 2015-16 will also be slashed by 75%, subject to a ceiling of HK$20,000. 

Randstad believes the policies will drive talent trends in specific growth industries, and key supportive measures will enable better utilisation of the talent available in Hong Kong.

Kieran Sim, Associate Director for Randstad Technologies, said: “In today’s competitive world, companies in Hong Kong are pressed to innovate and be technology savvy in order to capitalise on the fast-changing industry trends. The Financial Secretary’s push for advanced manufacturing industries and intelligent systems will strengthen the demand for IT sales managers who are able to sell ‘super computers’ with artificial intelligence as a business solution.”

“As Hong Kong’s startup scene continues to thrive on the back of the InvestHK initiatives, the need for IT project managers will rise. Roles in basic IT functions, especially infrastructure and creative developers, will see the greatest demand for fresh graduates.”

“As public and private enterprises increasingly embrace and capitalise on the e-commerce boom, this trend will continue to drive demand for front- and back-end web developers, especially those with experience in building mobile applications in Hong Kong and mainland markets. Competitive junior web developers will earn up to HK$40,000 a month.

“Cyber security specialists will also be sought after, due to the increase in cyber attacks alongside the growing popularity of e-commerce. Competitive security specialists will earn up to HK$65,000 a month.”

“In addition, the HK$500 million fund to broaden the public WiFi network in Hong Kong will drive demand for architects, 4G network engineers and security specialists higher than ever. This trend – coupled with the shrinking population of IT fresh graduates – will intensify the war for talent in the IT and telecommunication industry to a new height.”

Yuna Li, Manager for Construction, Property & Engineering, Randstad said: “With Hong Kong’s public spending on infrastructure maintained at high levels – and the key major infrastructure projects, such as the Guangzhou–Shenzhen–Hong Kong Express Rail Link and Hong Kong–Zhuhai–Macau Bridge, are still ongoing – civil engineers, mechanical & electrical engineers, design, safety, and project managers with infrastructural project experiences are in high demand.”

“The third runway and hospital projects announced today will further strengthen the demand. On average, project managers can expect to earn HK$45,000 to HK$50,000 per month, while senior engineers can expect HK$35,000 to 40,000 a month. At this rate, professionals in construction, property and engineering will see their annual salary increments at up to 10% within the same company, and up to 20% when changing jobs.”

Randstad Technologies' Maggie Li, Associate Director for Banking & Financial Services, said: “Ranging from the push for the exchange-traded fund (ETF) market, profits tax exemption initiatives, further plans to issue sukuk, to the new Hong Kong Monetary Authority office to finance projects on the back of the One Belt One Road strategy, the financial services sector is set to benefit from the Government’s initiatives and see growth in various areas such as corporate treasury.”

“Particularly, the expected launch of the Shenzhen-Hong Kong Stock Connect and the plans to roll out additional channels for two-way cross-boundary RMB fund flows will drive demand for bankers and portfolio managers who are experienced in cross-border RMB trade settlement. Junior portfolio managers with relevant experience can expect up to HK$100,000 a month, while mid-level portfolio managers will earn up to HK$150,000 a month.”

Michael Smith, Managing Director for Randstad Hong Kong, Malaysia and Singapore, said: “As Hong Kong faces an increasingly stiff war for talent, the additional 3,800 places of Extended Hours Service for eligible childcare centres and the Low-income Working Family Allowance Scheme will encourage mothers to return to the workforce, broaden the talent pool and increase gender diversity in the workplace.”

“We also welcome the ASEAN Internship Scheme, the Scheme for Cross-boundary Study Tour and the other initiatives that will provide overseas exposure and contribute to a competitive training ground for local talent. They will equip the next generation of workers with the relevant vocational and business-ready skills that will broaden their exposure to jobs in the market.”

“Besides, the subsidy schemes for talent development in various industries will help industry efforts to address the city’s manpower shortage, innovate in order to remain competitive and ensure the workforce is well trained to take advantage of the opportunities when arise.”