Keep a lookout for the next wave of Digitalisation, Business Expansion, Upsizing & Layoffs

layoff & upsizing

2021 is the year of rebuilding, a year where digital transformation has accelerated quickly. As businesses embrace new innovations, what are the necessary adaptation required in order to help your business grow?

ScoutAsia’s “Scout AI” technology works for you to watch news about trending topics in the post-pandemic economy. Our machine learning-powered feature “Scout AI” understands context better than keyword-based search and sorts out relevant news & updates from thousands of articles daily. You can use the “Scout AI” for search and news alerts.

The new “Scout AI” topics are:

1. Digitalisation

The use of digital technologies to improve processes and transform businesses. Also includes news about government initiatives to support digitalisation efforts.
Recent articles ScoutAI picks up (as of 3 March 2021):

  •  “Axis Bank launches WhatsApp banking. All you need to know”, MINT, 03 Mar 2021
  •  “Health records go digital to fight fakes, restart air travel in Singapore”, THE STRAITS TIMES, 02 Mar 2021

 

2. Business Expansion

Business expansion plans including production capacity and store count increases, entering new markets and growing distribution channels. Also includes news on the growth in a business’ user base.
Recent articles ScoutAI picks up (as of 3 March 2021):

  • “Singapore Digest: Easy Eat raises funds; AirAsia launches food delivery in city-state” DEALSTREETASIA, 03 Mar 2021
  • “Uber to expand nonfood delivery from stores in Japan”, NIKKEI ASIA, 02 Mar 2021

3. Upsizing & Layoffs

Actual or planned hiring activities/job reductions.
Recent articles ScoutAI picks up (as of 3 March 2021):

  •  “Goldman Sachs to hire 100 tech staff in Singapore”, THE EDGE (SINGAPORE), 03 Mar 2021 –
  • “Five things to know about ExxonMobil’s Singapore layoffs”, THE BUSINESS TIMES, 03 Mar 2021

 

“Scout AI” topics cover a broad range of business topics such as Covid-19 related (testing, treatment and vaccines), merger & acquisitions, financial distress, credit ratings, earning upgrade/downgrade and management changes.


Pro-tip: Finding Macroeconomic overview

Macroeconomic Overview

ScoutAsia Web App provides a macroeconomic overview across countries in Asia Pacific. Let’s begin by selecting one specific country from the top menu “Country & regions”.

Countries & Region

Each country page gives you:

  • Sector Reports from Ashu Research
  • Macro Statistics from Economist Intelligence Unit
  • Country Reports from EMIS
  • List of Companies
  • List of Related News

 

For the lists of companies and news, you can narrow them down by industries.

Country & Industry Breakdown

 

Sign up for Free Trial to find out more!

Related Articles

Common Misconceptions about Artificial Intelligence

It is common to over-imagine the intelligence of the machine as compared to a living person. Because the machine appears capable of identifying relevant news article to a topic, it is easy for a person to imagine that the machine actually reads and understand a news article like a human person.  However, the truth is closer to…

Monitoring the Fourth Industrial Revolution, Belt & Road initiative, & more

We’re working to improve ScoutAsia for you! Here are the latest changes we’ve made… 1. Three new Scout AI topics Our machine learning-powered technology reads all the news and sorts articles according to different topics — called Scout AI topics. You can filter news by Scout AI topics, and even combine them with other filters to make super-powered…

More resilient supply chains through news monitoring email alerts

The weaknesses of global supply chains are in the spotlight once again, this time due to the Coronavirus pandemic. The problem isn’t new. The 2011 Tohoku Earthquake and Tsunami in Japan exposed weaknesses in multinational companies’ supply chains that resulted in loss of revenue and market capitalisation. Nor is it going away. Impact from the climate emergency and rising political tensions increase the prevalence…