The December issue of Business Chief Asia is now live!

By William Girling
Welcome to the December issue of Business Chief Asia...

Welcome to the December issue of Business Chief Asia!

Gracing the cover of this month’s edition of Business Chief Asia is ING group. Paul Spronk, Head of ING Labs Singapore, discusses the ways in which he and his team are driving global trade innovation.

One of the innovations pioneered by the company, with the potential to reduce the need for working capital, is machine learning powered SoptAI. “Within the industry, the accuracy of forecasting can sometimes be as low as 50%, the same as flipping a coin,” says Spronk. “With SoptAI, early proof points show that we are able to improve the accuracy with double digit figures on most of our client use cases, saving the industry millions of dollars. The system has a proprietary automated model selection engine that helps us to build a scalable business.”

SEE ALSO:

In this month’s City Focus we take a look at Manila, a storied location that has weathered the push and pull of empires to flourish as the Philippines’ economic centre.

Our top 10 sees Business Chief Asia counting down the wealthiest women in the APAC region, looking along the way at how they came about their fortunes.

Enjoy the issue!

Share

Featured Articles

Nirvik Singh, COO Grey Group on adding colour to campaigns

Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity

How Longi became the world’s leading solar tech manufacturer

On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it

How Samsung’s US$5billion sustainability plan is working out

Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist

UOB: making strides in sustainability across Southeast Asia

Sustainability

Huawei smartwatch goes for gold with Ultimate Edition

Lifestyle

How IKEA India plans to double business, triple headcount

Corporate Finance