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Prudential study: 1 in 2 say that digital technology is most important in getting ready for 100

  • Majority of Singapore residents are proficient in using digital wealth and health tools
  • However, 49 per cent of respondents say that modern digital technologies are becoming increasingly complex to use


SINGAPORE – Media OutReach – 10 October 2022 – Digital technology plays a significant role in helping Singapore residents live well for longer, according to a study commissioned by Prudential Singapore (“Prudential”). More than half (54 per cent) of the 800 Singapore residents aged 25 to 65 surveyed say that mobile devices and apps are critical tools in preparing for rising longevity.

Of those who are using technology to manage their well-being, 36 per cent say that digital tools have had the greatest positive impact on their financial situation, and 27 per cent indicated personal health.

Mr Dennis Tan, CEO, Prudential Singapore, said that the findings are not surprising given that Singapore is a widely-connected nation with a high number of mobile phone users. Based on the Infocomm Media Development Authority’s (IMDA) data, the mobile penetration rate in 2021 was 158.8 per cent, which means that each resident has about 1.6 mobile subscriptions.[1]

“Since the pandemic, more people have gone digital, and technology has become a core part of our lives. We need to build on this momentum by ensuring that digital technologies are simple by design so that everyone can use them easily. This will encourage individuals to continue using technology to take charge of their health and wealth as they get ready for a longer life.” said
Mr Tan.

Majority of Singapore residents are proficient in using digital wealth and health tools

In the research report titled “Digital for 100: Harnessing technology for longer lifespans”, respondents had expressed high levels of proficiency in using digital tools to improve or to monitor their personal and financial health.

More than 4 in 5 (85 per cent) respondents say that they are skilled at using mobile banking apps, and 70 per cent in financial management apps. On the health front, 73 per cent say they are well versed in using technologies such as apps for keeping tabs on their physical health, wearable fitness trackers (76 per cent) and wearable health monitors (72 per cent).

Respondents say that digital tools have helped them to better manage their bank accounts, pension (CPF), investments, and insurance needs. They also use technology for monitoring physical fitness, blood pressure, sleep, diet and for managing chronic diseases such as diabetes.

Despite the high level of digital proficiency in the country, just over two thirds (67 per cent) are good at using mental health tools, such as apps that measure stress and anxiety levels, or those that monitor moods.

“Digital technologies provide ready and easy access to mental health tools and resources which can help people take proactive steps in managing their mental wellbeing. This is crucial in helping to address growing mental health concerns,” said Mr Tan.

Increasing complexity of digital technologies

While technology adoption is on the rise, nearly half (49 per cent) of all respondents say that modern digital tools are getting more complex. This figure was more than half for those aged between 35 and 44 (55 per cent) and between 55 to 65 (52 per cent).

Whether it’s finance or other apps, complexity hinders wider adoption among Singaporeans, according to Mr Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore. “It is incumbent on technology companies and service providers to construct their solutions in the simplest possible design,” he says.[2]

Growing confidence in ability to live to 100

Overall, the survey conducted in June and July 2022 by Economist Impact showed that Singapore residents are becoming increasingly confident about their ability to live to 100 even amid a global health crisis and economic headwinds.

Forty-two per cent of respondents say they are prepared for rising longevity from a health and wellness perspective, up from 31 per cent in 2021, the highest figure in any of the surveys in this research series. Fifty-four per cent responded in the affirmative from a financial health perspective, up from 29 per cent in 2021. ​​

Prudential is doing its part to support people in living well for longer by leveraging technology to make health and financial resources more accessible to everyone. Key to this is Pulse by Prudential (“Pulse”)[3], Prudential’s digital health and wellness app. Users can access healthcare services such as the AI-powered healthcheck and symptom checker to assess their health or make use of wealth tools such as an AI-powered assistant to set and track financial goals. They can also purchase bite-sized insurance plans through the app.

Notes to the editor:

About the study:
Digital for 100: Harnessing technology for longer lifespans” is the sixth research study from Prudential’s Ready for 100 series. It is the first of two reports that explores the role that digital tools currently play and will play in how Singapore residents manage their lives in the face of an increasing lifespan.​​ A total of 800 Singapore residents aged 25-65 were surveyed in June and July 2022 for this study, and a panel of subject-matter experts was interviewed for this study. The research was commissioned by Prudential and conducted by Economist Impact.


[2] This quote can be found in the “Digital for 100: Harnessing technology for longer lifespans” report. For more information, please refer to https://impact.economist.com/projects/ready-for-100/

[3] For more information, please refer to the media release “Prudential launches digital health app, Pulse by Prudential, to make healthcare more accessible and affordable to everyone amid COVID-19 spread” https://www.prudential.com.sg/about/newsroom/press-release/2020/prudential-launches-digital-health-app

Hashtag: #Prudential

About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore)

Prudential Assurance Company Singapore (Pte) Ltd is one of the top life insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 91 years. The company has an AA- Financial Strength Rating from leading credit rating agency Standard & Poor’s, with S$53.3 billion funds under management as at 31 December 2021. It delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of more than 5,000 financial consultants.

130 Indian Workers Rescued from Job Scams in Southeast Asia

Indian Workers arrive at Chennai Airport, India from Thailand after being rescued from job scams.

The Government of India has recently rescued 130 professionals from Laos, Myanmar, and Cambodia after they were tricked by job scammers to pursue fake job opportunities in Thailand’s IT sector.

The Malaysia Healthcare Travel Council: Malaysia Transforms Heart Care With Emerging Technologies & Treatments

Malaysian cardiac institutes are raising the bar with their latest innovative breakthroughs, opening doors for more promising outcomes.

KUALA LUMPUR, MALAYSIA – Media OutReach – 10 October 2022 – In conjunction with World Heart Day, Malaysia is strengthening its reputation as the Cardiology Hub of Asia. The country is currently home to 52 centres of cardiac excellence, many of which have made great strides with the introduction of new diagnostic and therapeutic technologies, as well as notching numerous achievements, such as being the first outside of the US to implant a Micra AV pacemaker and the only transmission site in South-East Asia for complex percutaneous coronary intervention at the CTO Live Aid.

MHTC-PR.jpg

Taking the reins is the renowned National Heart Institute (Institut Jantung Negara or IJN), which is regarded as one of the best in Asia.

“We are the first in ASEAN to debut the POLARx Cryoablation System, which improves treatment outcomes of atrial fibrillation and reduces procedure time, as well as treating 100 patients with Micra AV, among others. At our helm is a dedicated team working together to improve the quality of cardiovascular health for all our patients,” said Datuk Dr. Aizai Azan bin Abdul Rahim, Group CEO of IJN.

The rapid evolution of cardiac imaging techniques, including 3D echocardiography and cardiac magnetic resonance imaging (MRI), has been central in the diagnosis of many cardiovascular diseases.

“Cardiac MRI gives us detailed information that can’t be obtained from an echocardiogram or angiogram. It helps to detect blockages in the coronary arteries, and looks at what’s happening in the muscle, blood vessels and blood clots to determine the risk of heart attacks,” said Dr. Muhammad Imran bin Abdul Hafidz, Consultant Cardiologist at Pantai Hospital Kuala Lumpur.

The advent of more minimally invasive procedures has also helped improve outcomes while optimising patient recovery.

“Coronary artery bypass grafting (CABG) is the most common type of open-heart surgery, and it comes with a set of risks. However, with minimally invasive bypass surgery, the risk is much lower. This will definitely benefit higher risk patients, especially those with severely damaged hearts, diabetes or kidney failure,” said Dr. Eng Ji Bah, Consultant Cardiothoracic Surgeon at Island Hospital.

With a focus on patients with Coronary Artery Disease (CAD), Cardiac Vascular Sentral Kuala Lumpur (CVSKL) utilises Intravascular Ultrasound (IVUS) technology, which generates a detailed image of the heart blood vessels and gives cross-sectional views of the artery using sound waves, providing invaluable information on the nature of blockages or compositions within the heart.

“With IVUS, doctors can see the final stent expansions clearly, lowering the risk of post-procedure problems and improving long-term outcomes,” said Datuk Dr. Rosli Mohd Ali, Consultant Cardiologist at CVSKL.

Today, as the country continues to boost its expertise to enhance patient experience, Malaysia Healthcare is committed to providing a safe and trusted healthcare experience to all healthcare travellers right from the start. A dedicated Call Centre and Concierge & Lounge service for healthcare travellers is available at the Kuala Lumpur International Airport (KLIA), Kuala Lumpur International Airport 2 (KLIA2), and Penang International Airport (PIA). Among others, healthcare travellers will be greeted upon arrival at the airport and escorted through fast-track immigration clearance (upon early notification).

“With the myriad of world-class hospitals that are renowned for their cardiac care excellence, Malaysia is strongly positioned to ensure that healthcare travellers are assured of easy access to top-notch heart care at competitive rates,” said Mohd Daud Mohd Arif, Chief Executive Officer of the Malaysia Healthcare Travel Council (MHTC).

For more information on Malaysia Healthcare and its services, please visit https://malaysiahealthcare.org/.

Hashtag: #TheMalaysiaHealthcareTravelCouncil

About The Malaysia Healthcare Travel Council

The Malaysia Healthcare Travel Council (MHTC) is a government agency that has been entrusted with the responsibility of curating the country’s healthcare travel scene. Founded in 2009, MHTC works to streamline industry players and service providers in facilitating and growing Malaysia’s healthcare travel industry under the brand “Malaysia Healthcare” with the intended goal of making Malaysia the leading global healthcare destination.

Inflation in Laos Skyrockets to a 22-Year High of 34 Percent in September

Lao people at a market wearing facemasks.
The 22-year high inflation rate has caused an increase in the prices of food, medicines, fuel, and other consumer goods.

According to the Lao Statistics Bureau, the inflation rate has increased by four percent from August’s figures of 30.01 percent to 34 percent in September.

Altair Completes Acquisition of RapidMiner, On Track to Serve APAC Enterprises’ Expanding Data Analytics Needs

Key technology extends reach and scale of data analytics suite, and gives Altair added capability to meet the region’s evolving data analytics needs

SINGAPORE – Media OutReach – 10 October 2022 – Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), has completed the acquisition of RapidMiner, a leader in advanced data analytics and machine learning (ML) software.

RapidMiner’s low-code platform is used by more than one million people of all skill levels to develop production-scale data pipelines and ML models, putting advanced data analytics into the hands of those who know the domain problems best. It provides hundreds of powerful, drag-and-drop building blocks to transform and augment data – greatly accelerating work for coders and non-coders alike – and its flexible delivery models provide users and enterprises with the scale they need, from a user’s desktop to on-premises servers to secure, multi-tenant cloud.

“This acquisition significantly strengthens Altair’s end-to-end data analytics (DA) portfolio, which already offers customers the power to understand, transform, act on, and automate their data,” said James R. Scapa, founder and chief executive officer, Altair. “Machine learning is becoming an essential part of business, but often the barriers to building ML models are too high to get started. Too much data, not enough data science expertise, and insecure or unscalable production environments can all keep a business from executing on their data analytics vision. That’s where RapidMiner can be transformative. Altair is well positioned to execute on the newly acquired technology from RapidMiner and continue to grow its existing business.”

RapidMiner’s cloud platform takes the best of RapidMiner desktop and adds the strength of the cloud, bringing additional scale and governance to the low-code platform. This multi-tenant, SaaS-ready version enables organizations to ramp up their data science workloads easily and safely.

RapidMiner resonates with users in the data analytics community due to its talented, hands-on technical team with decades of experience, led by founder and chief technology officer Dr. Ingo Mierswa, who has joined Altair. Under Mierswa’s leadership, RapidMiner pioneered the entire concept of visual, explainable data science, and was the first platform to introduce automatic data science, text analytics, automated feature engineering, deep learning, and more.

RapidMiner reinforces Altair’s DA market position in several verticals – especially manufacturing and financial services – through industry expertise and industry-specific ML techniques and data source connections. Sitting next to dozens of existing Altair products already in these verticals, RapidMiner presents an exciting new offering for new and existing customers who will be able to access existing Altair and RapidMiner products easily through Altair’s unique units licensing model.

RapidMiner will be integrated with existing tools, such as Altair Knowledge Studio, Altair SmartWorks, and Altair SLC, to provide a comprehensive, code-optional, multi-language, SaaS-ready, cloud-scale platform for enterprise data analytics and data science.

Masatomo Ayame, Senior Vice President for Altair Asia Pacific, said: “Organisations in APAC are eager to adopt data analytics, but are hampered by the lack of data scientists and infrastructure. RapidMiner’s ability to quickly democratise advanced analytics technologies has the potential to be a game changer for many firms.”

“In the coming months as Altair’s customers re-calibrate for a post-Covid world, our engineers and support teams will work closely with them to harness the true power of analytics to transform their business.”

Hashtag: #Altair

The issuer is solely responsible for the content of this announcement.

About Altair

Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. For more information, visit

Syniti Announces New Chief Revenue Officer & Chief Delivery Officer

Software and Services Industry Veterans Gordon Lam and Ryan Rodenburg Promoted to New Roles to Further Company’s Global Expansion

SINGAPORE – Media OutReach – 10 October 2022 – Syniti, a global leader in enterprise data management, today announced the promotion of two current senior executives to new global roles at the company: Gordon Lam will assume the newly created role of president and chief revenue officer (CRO), and Ryan Rodenburg will become president and chief delivery officer (CDO). Both will report to Kevin Campbell, chief executive officer.

As president and CRO, Lam will lead Syniti’s global sales, value engineering, marketing, alliances and customer success operations. He will be responsible for planning and executing a global strategy to drive the company’s software-led services growth in collaboration with regional sales leaders, coordinating major system integrator alliances and ensuring the continued success and satisfaction of Syniti’s long-term client relationships. Lam joined Syniti in 2019 to lead the company’s APJ region, where he won multiple awards for leadership and innovation. A seasoned leader in sales, marketing and driving growth, he held various leadership roles at Fortune500 companies such as Microsoft, SAP and NetApp.

As president and CDO, Rodenburg will oversee Syniti’s global professional services organization, as well as its centers of excellence and global delivery centers. He joined Syniti from DMR, Inc., a data management services company he founded and served as CEO until its merger with Syniti in 2021. In his new role, Rodenburg will help drive world class consulting solutions across all regions for every Syniti client. He brings more than 20 years of experience in technology and SAP talent management to the position with a keen focus on driving a talent-first culture and building high-performance teams.

These new global appointments follow Syniti’s strong performance during the first half of 2022, including its highest revenue in history, as well as the launch of its next generation cloud-native Syniti Knowledge Platform, with major enhancements to its migration, matching and data quality components.

Kevin Campbell, CEO, Syniti, said: “We are thrilled to promote Gordon and Ryan to these two key new roles. They bring impressive track records in driving software and services revenue, and in motivating the best talent in data to achieve great outcomes for our customers. Their leadership is critical to help us grow and scale Syniti as the foremost provider of enterprise data management solutions and to deliver on our robust pipeline for the remainder of 2022.”

Bill Green, chairman of the board, Syniti, said: “Digital transformation isn’t going anywhere, even in an uncertain market. Syniti’s software and solutions are well positioned as the management of data becomes critical for the success of organizations’ long-term transformation initiatives. The board is pleased to see the company promote key senior leaders to help steer current and future growth.”

Hashtag: #Syniti

About Syniti

Syniti solves the world’s most complex data challenges by uniquely combining intelligent, AI-driven software and vast data expertise to yield certain and superior business outcomes. For over 25 years, Syniti has partnered with the Fortune 2000 to unlock valuable insights that ignite growth, reduce risk and increase their competitive advantage. Syniti’s silo-free enterprise data management platform supports data migration, data quality, data replication, master data management, analytics, data governance, and data strategy in a single, unified solution. Syniti is a portfolio company of private equity firm Bridge Growth Partners LLC. Read more at .

Microban Presents High Quality, Non-Heavy-Metal Antimicrobial Technology for Water-Based Coatings

HUNTERSVILLE, US – News Direct – 10 October 2022 – Microban International is proud to present LapisShield, a novel, non-heavy-metal technology designed to seamlessly integrate antimicrobial functionality into any water-based coating formulation. This broad-spectrum antimicrobial technology is proven to inhibit bacterial growth by up to 99.99 %, and prevents the growth of mold and mildew, helping to protect treated surfaces from various sources of microbial degradation.

LapisShield a non-heavy-metal antimicrobial technology inhibits bacterial growth by up to 99.99 %

LapisShield a non-heavy-metal antimicrobial technology inhibits bacterial growth by up to 99.99 %

LapisShield is the newest coatings innovation from the leader in antimicrobial technologies, demonstrating the company’s continuing drive to deliver more sustainable solutions to deter microbial growth. With this state-of-the-art technology, manufacturers can enhance their coatings with the power of product protection against the detrimental effects of microbes – including stains, odors and premature degradation – extending the lifetime of coated products. LapisShield offers superior quality and stability by optimizing processing and manufacturing requirements. It also allows coating batches to be stored for future use, preventing unnecessary waste and optimizing resources for more sustainable coatings manufacturing.

LapisShield is specifically designed to meet the needs of the water-based coatings industry, a sector that is constantly striving for clearer and more environmentally friendly systems that create a seamless finish. This ground-breaking technology is compatible with thin coating systems and offers enhanced UV stability, limiting impacts on the optical properties of water-based coatings, and making them ideal for transparent glass or plastic applications. Michael Ruby, President of Microban International, commented: “We are excited to introduce LapisShield as the latest example of Microban’s commitment to developing sustainable, non-heavy-metal antimicrobial technologies for its partners worldwide. Our coatings experts have worked tirelessly to deliver a more environmentally friendly technology that offers the best quality and compatibility for water-based coating systems. The fantastic stability and clarity of LapisShield allows it to be easily integrated with a wide variety of coatings systems, including anti-fingerprint and anti-smudge formulations, and applications requiring optically clear performance.”

LapisShield is available to water-based coating manufacturers across the world to help prevent the growth of bacteria, mold and mildew on a variety of substrates, including glass, metal, wood and plastics. Partners will also benefit from Microban’s 38 years of expertise in antimicrobial technologies, with renowned turnkey support services.

Find out more at www.microban.com/antimicrobial-solutions/technologies/lapisshield and get in touch with a representative today!

Hashtag: #Microban #antimicrobialtechnology #waterbasedcoatings

About Microban International

Part of Barr Brands International (BBI), Microban International is home to the most trusted and well-known global brands in the antimicrobial, odor control, and sanitization / disinfection markets – Microban® and Ultra-Fresh®. Our organization has experienced over 100 collective years of growth and has revolutionized the industry. As the global leader, our proactive systems keep products cleaner, and control odors better by preventing problems before they start. Microban International drives innovation by combining science and creative solutions that enhance high-quality consumer, textile, industrial and medical products around the world. Today, the Microban and Ultra-Fresh brands and our technologies are featured on thousands of products worldwide. The company is headquartered in North Carolina with operations in North America, Europe, and Asia Pacific. For more information, please visit .

Huobi Global announces Global Advisory Board

HONG KONG SAR – News Direct – 10 October 2022 – Huobi Global has announced its global advisory board composed of industry leaders across blockchain and traditional organizations. The board was established to guide Huobi Global’s business development as well as its strategic roadmap for global expansion.

Huobi Global is of the view that the establishment of a well diversified advisory board, with a global vision and international resources, is essential to the success of our global expansion in light of the ever-changing dynamics of the blockchain industry. In particular, we welcome industry leaders who are in sync with blockchain technology and industry development in order to stay ahead of the competition. They may also include shareholders of Huobi Global, leaders in the traditional financial industry, as well as experts and scholars, and established figures from political and business circles.

Following extensive engagement with international candidates for the advisory board, the initial list of Huobi Global advisors is as follows:

  • Ted Chen, CEO of About Capital Management (HK) Limited
  • Du Jun, co-founder of Huobi Global
  • Wang Yang, Vice President of the Hong Kong University of Science and Technology (HKUST)
  • H.E. Justin Sun, Ambassador Extraordinary and Plenipotentiary, Permanent Representative of Grenada to the WTO
  • Leah Wald, CEO of Valkyrie Investments (Issuer of BTF, one of the first Bitcoin ETFs in the US)

We are grateful to the five advisory members for recognizing Huobi Global’s potential and agreeing to take up the position. We believe that as the advisors fully and deeply guide Huobi Global’s work in various areas such as business, marketing, branding, compliance and risk control, their proven experience, industry resources and global vision will lead Huobi Global to an unprecedented stage.

At the same time, Huobi Global Advisory Board will continue to welcome the addition of global leaders in order to further strengthen institutional cooperation, enhance the Huobi Global brand and increase market competitiveness. We are confident that Huobi Global will gain the trust of more international users and reward our global community with further new initiatives.

Contact Details

Huobi PR team
+86 139 2280 3249
intlpr@huobi.com

Company Website

https://www.huobi.com/

Hashtag: #HuobiGlobal

About Huobi Global

Founded in 2013, Huobi Global is one of the world’s leading cryptocurrency exchanges, with tens of millions of users across five continents and 160 different countries and regions. We are dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivatives, and Bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer supports underpinned by local expertise. It offers a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success. For more information, visit www.huobi.com