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Both the public and private sectors across the world acknowledge that digital technology has the power to change and improve society and create an ecosystem that works well and is interoperable.
Singapore has been on the cutting edge of digital transformation, the use of technology and innovation. Its success is largely due to the effort and resources the government has put into building digital skills and deploying products and services online.
As Singapore speeds up its efforts to build on its Smarter Nation goals, technology will only become more central to its digital strategy.
Despite this, organisations and agencies struggle to gain the most value from their data because of legacy systems and limited analytics capabilities. They often deal with the problems that are commonly associated with outdated infrastructure – high costs, bad data quality, different data sources and varied formats. They may have a lot of data but cannot garner the actionable insights they need.
These organisations need a view of all available data that is complete, integrated and can be trusted. They should be able to get the information they need whenever they needed it, quickly and without duplication or redundancy.
In this scenario, AI holds tremendous appeal because it holds the potential to improve processes, boost productivity and affect both the top and bottom lines of a business. Improvements in data and analytics have made it possible for early adopters of AI across a variety of industries around the world to move beyond experiments and quick wins and show others how to reach success.
The OpenGov Breakfast Insight on 25 August 2022 offered the most recent information on how organisations can make better use of the transformative power of smart analytics, machine learning, and artificial intelligence for smarter policy-making, to reimagine service delivery and deploy more efficient operations.
Shaping the Future with Smart Technologies


The session’s opening remarks were made by Mohit Sagar, CEO & Editor-in-Chief, who is deeply convinced that Singapore’s next phase of nation-building depends on Smarter Nation.
“Governments and corporations all around the world have acknowledged the transformative power of digital technology and its capacity to improve society and create an interoperable and effective ecosystem,” observes Mohit.
Singapore is stepping up its attempts to become a “Smarter Nation,” and technologies will only become more valuable resources and tools. The country will be able to better utilise the power of these enabling technologies if they have a strong digital strategy in place.
Due to legacy systems and limited analytics capabilities, organisations struggle to realise the value of their data, leaving them data-rich but insight-poor. They frequently have to cope with the expensive, unreliable and inconsistent data sources and formats that come along with poorly captured, unstructured volumes of data without ever reaping any of its alluring advantages.
Such organisations require a thorough, seamless and reliable understanding of all the data they possess. They should be able to remove overlapping, redundant tools and systems and have access to the data they require when they need it.
AI holds the promise of enhancing procedures, boosting productivity and impacting both the top and bottom lines of businesses. Data and analytics advancements have enabled early adopters of AI across industries and geographies to move beyond experiments and fast hits and provide examples of paths to success.
As a nation, Singapore has outlined goals to construct a Digital Economy, Digital Government and Digital Society that mutually reinforce one another. This necessitates that every industry, corporation and government agency expedite its digitisation efforts to generate a nationwide movement powered by digitally savvy citizens and communities.
Comprehensive transformation can be obtained by large-scale national programmes involving the public, private and Non-government sectors in areas such as digital infrastructure and service delivery. Mohit believes that for the execution of such initiatives, solid system foundations powered by the people and culture must be in place.
The effects of this digital era may not always be revolutionary in the short term, but society and the economy can expect profound changes in the decades to come. Changes as profound as those caused by electricity, the internal combustion engine and chemical and materials engineering during previous industrial revolutions.
Beyond delivering on a future it envisions, Singapore needs to keep moving forward in this fast-paced industry. It must continuously innovate, transform and develop its capabilities and expertise so that it is ready for the unforeseeable.
By strengthening the link between academics, industry and government, placing calculated bets on cutting-edge technology and establishing solid ties with the international community, the nation is protecting the future.
Reducing the Complexity of the Open Ecosystems and Turning Analytics Into Value: Operationalising ModelOps


According to Yi Jian Ching, Solution Architect for Cloud, Data and Analytics, Asia Pacific Practice, SAS, there is a demand for more communication between companies, analytic teams, application developers, and IT operations in many enterprises.
“Teams who work with data in silos frequently duplicate efforts, fail to integrate, or miss opportunities to extract value from data,” says Yi Jian.
In addition to fragmented efforts, data scientists must contend with ever-growing data volumes and rates. They are expected to respond to queries at the same rate or faster than before. “It is essential that we utilise the appropriate data and methods to get the best results.”
Converting relational data into forms that facilitate model building requires a substantial amount of transformation work. It boils down to how rapidly a company can investigate and select the appropriate algorithms, and finally train one or more models to fulfil its analytical objectives.
Until it is deployed and integrated into an operational context, a model will not affect business outcomes. The longer this entire procedure takes, the greater the possibility that models in production are utilising outdated data assumptions.
Hence, there is a thriving ecosystem of options for data scientists. This includes languages such as SAS, Python, and R, as well as integrated development environments, deployment technologies, virtual machines, Kubernetes and others.
However, this can lead to option fatigue, resulting in an inconsistent landscape that makes scaling analytics difficult. Companies are increasingly recognising that it may be beneficial to integrate open source and other software – such as analytics platforms like SAS® Viya® – to create interoperability and utility from open source.
Organisations increasingly rely on open source (like Python and R). Not limiting the languages that data scientists or IT developers can use, including open source, is a critical success factor for these platforms. They must also integrate using open APIs and ensure infinite scalability.
It has also proven to be a useful tool for specific analytical tasks. However, when it comes to developing a long-term analytic strategy – a self-sustaining and seamlessly integrated life cycle – open source poses significant challenges in terms of coordination, integration and, as a result, delivering business value.
Companies recognise that it may be beneficial to integrate open source and other software – such as analytics platforms like SAS® Viya® – to create interoperability and utility from open source.
Whatever technologies they use, they must work to simplify and automate this process. Companies must determine this for their ecosystem. When they can, the payoff is enormous.
The Model Life cycle is a systematic procedure used by data scientists and practitioners to develop, maintain and deploy analytical models that provide commercial value. This is where the greatest number of interactions and integration opportunities are seen between open-source technology and SAS technology.
The modelling technique is iterative. Continuous model development, testing, and surveillance are required for a healthy model life cycle. On the other side, modelling integration gives users more options and flexibility.
Open source and SAS can be integrated in two ways: open source to SAS and SAS to open source. Two approaches make analytics accessible to a broader variety of users, regardless of their technical expertise.
- Open Source to SAS: For people with a background in open source who wish to explore the capabilities of SAS directly through the open-source interface.
- SAS to Open Source: For users who wish to use both SAS and open-source components in the SAS graphical user interface.
Users can collaborate and exchange regardless of the approach they’ve chosen.
The Good, the Bad and the Ugly: Aspects of Healthcare Innovation


When COVID-19 struck, the healthcare sector effectively transitioned from merely ensuring the survival of core operations to producing rapid breakthroughs that saved lives and mitigated the pandemic’s damage.
“By prioritising innovation in times of crisis, vital capabilities and processes can be established, which in turn can unlock growth,” says Benedict Tan, Group Chief Digital Strategy Officer & Chief Data Officer, SingHealth.
Healthcare has historically lagged other industries in adopting new technologies, but the epidemic gave it a huge push to catch up. It underwent significant upheaval, forcing firms to reconsider their operational strategies in the face of fresh business models, unanticipated collaborations and expedited timescales.
During the crisis, the healthcare sector successfully made the switch from operation continuity to leading quick innovations that lowered mortality and reduced losses. Many of these changes are likely going to last.
The use of digital communication with patients and communities has also been more widely adopted by providers, as evidenced by their proactive message regarding COVID-19-related policies. Pharmaceutical and medtech firms have increased their spending on consumer interaction strategies and clinical trials that are digitally connected.
Although the pandemic has highlighted the extent to which healthcare may be provided remotely, such as virtual care and remote patient monitoring, as well as virtual cooperation for experts in the pharmaceutical and medtech industries, many aspects of healthcare still require in-person treatment.
This concept encourages greater flexibility and has made it possible for enterprises to access a wider range of talent. Many healthcare organisations will need to change their operations – and their mindsets – to adapt to these transformations and many more.
If successfully implemented, digital health offers enormous opportunities in health data analytics for both consumers and service providers. These opportunities include health information portability, consumer personalisation of health information, easy access to and utility of health information and better management of electronic data records by healthcare organisations and the government.
Despite guarantees given to customers, research indicates that digital information security and digital health innovation have been difficult and are just now becoming widely accepted.
More than ever before, the healthcare industry recognises the benefits of telemedicine. Patients can be treated at home via telemedicine instead of having to travel to a hospital. Therefore, if telemedicine is applied effectively and widely, the technology-enabled healthcare system can manage the enormous number of patients.
Large-scale human resource deployment for such helplines is not feasible. Therefore, in these situations, chatbots and virtual assistants might take the place of human resources.
The best contributions that technology has made to the healthcare industry include wearables, trackers, and sensors. With these tools, you can continuously monitor your health and use the alarms in the reports to seek medical attention.
Some tracking and monitoring tools record the users’ information and give it to their doctors. When there is a problem that requires immediate attention, doctors can let the user know.
The relevance of robust healthcare industry to a nation’s development is well documented throughout the world. However, the CoronaVirus outbreak in 2020 has elevated healthcare to a global priority. Innovation is more necessary than ever in the healthcare industry if we are to properly address the situation.
Leveraging Confidential Computing to Protect Data in Use


“Achieving digital transformation remains challenging,” says Christopher Tan, Partner Revenue Acceleration, Director, APJ, Intel. “The digital transition pushes the limits of what is required from a technical basis. It is not only about performance, but also about data placement, security, and productivity without limits.”
However, security or compliance challenges can impede or destroy corporate advances and prospects. These vulnerabilities might range from foreign hackers to insider dangers.
Christopher notes that some organisations are hesitant to move extremely sensitive data to the cloud due to concerns about the CSP’s data security or regulatory challenges.
To comply with data privacy requirements, firms may be required to undergo rigorous data anonymisation processes or employ synthetic data. This can slow down the process or lower the precision of AI or analytics algorithms.
Increasing demands for “data sovereignty” are also compelling businesses to seek means to prevent international corporations that may be subject to foreign subpoenas or government surveillance from accessing their data.
In addition, edge installations outside of highly protected data centres may put sensitive software or data intellectual property in danger. Solar Winds and other supply chain assaults have increased everyone’s awareness of the security measures of their suppliers.
Everyone desires enhanced security without sacrificing too much in terms of performance. If impregnable security renders an application unworkable, little value has been created. “With this, Intel data centre security enables two main categories of benefits,” Christopher says.
First, some technologies assist in hardening the infrastructure against attacks and preserving its integrity and availability. These protections are the traditional “security on defence” measures that keep organisations safe.
“Sometimes people wonder what Intel has to do with security. After all, we’re the company that delivers the microprocessors that power their PCs and servers,” observes Christopher.
At Intel, though, security technologies do more than merely reinforce the perimeter. Intel also offers solutions that equip organisations with the means to develop disruptive applications or services that deliver new value while maintaining the privacy of sensitive data. These “security on offence” technologies incorporate both crypto acceleration and confidential computing.
Regardless of the number of layers of robust software protection, there is always something underneath. An operating system or hypervisor flaw can compromise an application. Firmware corruption could compromise an operating system or security software.
Adding that the hardware is the base of the stack that runs data centres and is essential for securing everything higher up the stack. “The vendor of the hardware platform is the primary security concern.”
Intel spends substantially on safe development techniques to design security from the outset, as well as internal and
external research on its products to identify any vulnerabilities, remediate them to harden its platform and responsibly expose them to the market.
There are highly developed technologies to safeguard data at rest in storage, such as disc encryption, and data in transit, such as network encryption. These have been available for many years and are regularly utilised.
Historically, the “last mile” of data was exposed, that is, while data was actively being used by the processor and memory. This final void is now being filled by Confidential Computing. Confidential Computing is an industry-wide initiative to protect in-use data and code with memory encryption and hardware access limits.
All Confidential Computing solutions, as defined by the Confidential Computing Consortium, enable a hardware-enforced Trusted Execution Environment in which sensitive data and code can be used while being hidden from other software, system administrators and the cloud host.
Intel has the most deployed, validated and secure trusted execution environments for Confidential Computing in the industry. Although worries have diminished in recent years, many businesses continue to hold back specific applications from the cloud due to security or eavesdropping fears. The purpose of confidential computing is to keep the cloud service provider outside of the trust barrier.
Some customers, notably governments and key infrastructure, are perpetually threatened by enemies who are inventive and well-resourced. They are continually on the hunt for security-enhancing technologies.
Intel provides clients with the broadest selection of data protection choices to accommodate their diverse needs. In the past, encryption was largely used to protect communications between parties outside of their firewalls, such as between a business and a customer. Rarely was encryption used within an enterprise.
Encryption is now prevalent throughout all computing activities due to security awareness, privacy legislation, and leakage dangers. Communication between applications within the same data centre is encrypted. The data that is stored is encrypted. The usage of cryptographic procedures extends to user logins, content delivery and more.
In addition to its pervasiveness, encryption is becoming more robust to satisfy recommendations for quantum resistance as the world comes closer to actual quantum computers, which can crack a significant portion of today’s standard cryptosystems.
An organisation’s hardware platform is the FIRST significant security decision it must make, says Christopher. Intel data centre platform security can aid in infrastructure protection and allow new business capabilities. Its secure development, research and transparent communications serve to safeguard Intel platforms throughout their lifetimes.
ESG in the Public Sector and Financial Services: How Analytics Can Drive Better Outcomes


According to Dr Lu Yin, Principal Risk Advisor (Non-financial Risk), ASEAN, SAS, climate change, climate risk and environmental, social, and governance (ESG) considerations are becoming increasingly important strategic considerations for governments and financial services, including significant asset impairment, reporting and disclosure requirements.
ESG has used standards to indicate corporate cultural behaviour and its environmental impact as it is primarily used in the financial sector to allow investors to measure sustainability, ethics and corporate matters to forecast a company’s future performance.
Dr Lu acknowledges that it is becoming increasingly important for local and central government departments to conduct ESG-compliant procurement exercises. “The key to long-term business operations is sustainability.”
The value of ESG initiatives and their impact on business performance has already been demonstrated. Increasing regulatory scrutiny and consumer awareness are also driving forces behind ESG initiatives.
Both the public and private sectors are now aware of the growing importance placed on organisations’ ability to demonstrate that they are not simply complying with relevant requirements because they must, but because they have a genuine commitment to the issues beyond the scope of minimum compliance as set out in guidelines, legislation, or regulation.
Be that as it may, they are not devoting enough resources to it – not enough is being done and concrete steps must be taken.
ESG is rapidly rising in priority and organisations are becoming increasingly aware that ESG performance is critical in demonstrating business integrity. Organisations understand that getting the ESG proposition right leads to higher value creation and that ESG is much more than a passing fad or a feel-good exercise.
It is no longer acceptable for organisations to address their ESG planning passively in today’s environment. ESG criteria are the standards that a company uses in its operations. It is critical to make them public in disclosures and annual reports, as many socially conscious investors use ESG initiatives to screen potential investment opportunities.
The primary quantitative data for simple elements like carbon and water can be standardised. However, some companies wish to disclose rather obscure information. These factors may be essential to their operations or their investment base.
It is more important than ever to stay on top of it because employees, customers, and investors consider companies’ strategies, ESG performance and practices when deciding who to do business with, partner with, or invest with.
ESG is values-based investing, and many businesses are concerned with a variety of issues. Some firms are concerned with the same issues, such as climate change, and some ESG criteria are generally accepted.
Organisations that can leverage out-of-the-box capabilities via Advanced Analytics & AI solutions will be the next key players in the ESG race.
SAS can assist in the creation, storage, archiving, tracking and reporting of all data required for relevant ESG KPIs by utilising advanced analytics.
Horizon Scanning: Exploring What the Future Might Look Like to Understand Uncertainties, and Prepare Better


Emmanuel Jacque, Global Lead for Defense & National Security, SAS stated that in both periods of steady prosperity and excessive volatility, leaders place a high premium on getting increasingly precise projections. And now, when almost nothing appears to be guaranteed, organisations require accurate forecasting more than ever.
It is not a matter of making forecasts, but rather of meticulously examining information regarding future patterns. Horizon scanning enables organisations to assess their preparedness for potential opportunities and dangers.
Emmanuel presented a demo on achieving information superiority through strategic warnings. Strategic warning dashboards provide cognition to the commander, providing much-needed information in seconds. “Here, we get trends from the data we have at the same time, providing a global status across the Political, Military and Physical Environments, allowing us to recognise the level of emerging risk to our allied nations.”
It can quickly see the attributes across the environment where attention is required. This enables interpretation of what is occurring and why. At times, changing conditions require a heightened degree of situational awareness. By adding finer degrees of granularity to important risk indicators, it can swiftly determine what is happening and where. This is essential because it gives a sense not only of what is occurring but also of its intensity. This permits the prioritisation of actions.
“One of our objectives is to achieve a sufficient level of shared meaning so that those across the allied force can better understand what is going on,” says Emmanuel.
Obtaining specific information against geography, actor or event within a specified timeframe provides interpretation and aids the ability to understand, communicate and synchronise on deciding who is best suited to contribute to the operation as well as what is required in support of the operation, and where.
The GDELT, or Global Data on Events, Location, and Tone, is an openly available online archive that houses events extracted from the most important global news sources from 1979 to the present, according to Emmanuel.
The archive is updated daily with over 100.000 events and currently contains billions of entries in a machine-readable format that describes the event, the actors involved, geographical information, and other details.
Emmanuel emphasised that for this specific example, 5 years of history have been considered totalling over 300 million events and roughly half a terabyte of raw data. Due to the wealth of information stored in this repository, the potential to better comprehend a world that is both complex and always changing is great.
Interactive Session: How Can Organisations Use Smart Analytics, ML/AI to Improve Policymaking, Service Delivery, and Operations?
After the presentation, the delegates engaged in discussions with panellists from various industries. The session offers live audience engagement, encourages participation and enables individuals to learn and grow professionally from real-world experiences.
One of the delegates shared his thoughts that data, advanced analytics, ML and AI are turning out to be the next big ways to stand out. They help organisations run more smoothly, which improves results and keeps costs down. To be successful, the organisation needs to change in a way that affects all its parts.
Another delegate highlighted that one strategy is to teach people inside a company how to plan, carry out and learn from reorganising. Leaders need to talk about how their reorganisation went, get feedback from everyone and learn how to do reorganisations better so that the next time they do one, the experience is better.
After the structure of an organisation has changed, there are transition activities to help people get used to the new structure. On the other hand, facilitating a conversation about what happened to the old organisation and what they want the new structure to look like goes a long way toward facilitating the transition.
After the shift, the organisation will be able to calibrate and launch its newly reorganised teams by focusing on people and relationships, work alignment, and workflow visualisation.
Almost every industry is integrating AI into its processes and products. AI is now crucial to a wide range of sectors, including manufacturing, banking, healthcare, and retail.
But for most enterprises, the challenge of applying AI at scale remains unresolved and irritating. By integrating and coordinating the scaling of people, processes, and technologies, businesses may help to assure the success of their AI initiatives.
Furthermore, when AI is widely used, it becomes most valuable. Scale refers to how deeply and broadly AI is incorporated into an organisation’s core product or service and business processes for business leaders who want to optimise business value utilising AI.
Machine Learning Operations, MLOps, is a new field that major AI organisations have begun to adopt. MLOps aims to build best practices and technologies to speed up the security, effectiveness and operationalisation of AI. MLOps can greatly increase the speed to market when properly deployed. Processes, people and tools are the three main areas that need time and resource investment to implement MLOps.
A panellist from a bank mentioned that they have a strategy for using AI and that it’s crucial to support the results with evidence. AI provides businesses with unprecedented opportunities, but also an enormous responsibility. Because of its direct impact on people’s lives, it has raised significant concerns about AI ethics, data governance, trust and legality.
Responsible AI is the practice of designing, developing, and deploying AI to empower employees and businesses while also having a fair impact on customers and society, allowing enterprises to develop trust and measure AI with certainty.
According to Asst Prof Eric Wong, Group Chief Clinical Informatics Officer National Healthcare Group, AI has a wide range of potential applications in the healthcare industry, including processing paperwork and billing. Medical experts anticipate that data analysis, imaging and diagnosis will have the biggest, most noticeable influence. “At the end of the day, humans continue to lead all other forms of the invention.”
He stressed the significance of embracing the regulatory and governance framework and adhering to ethical standards and compliance requirements for a harmonious working relationship in all respects.
Manisha Khanna, Head, Cloud Data & Analytics Advisory, AP, SAS, revealed that SAS has its principles and framework which are aligned with the government.
Closing Remarks
The digital gap is a serious problem, but there are answers, Mohit emphasises. By introducing digital inclusion policies, programmes and technologies, the digital divide can be narrowed.
Access to basic services, jobs, lifelong learning and civic and cultural involvement depend on digital equity. To achieve digital equity, every citizen must have access to the technologies, tools and skills required to access affordable high-speed internet anywhere, at any time.
While he believes in people and technology, as well as the power of technology to improve people’s lives, Mohit is firmly convinced that “You can’t just put people into a new structure and expect them to work, and to achieve digital equity, digital inclusion programmes must be designed, implemented, and supported.”
He is optimistic it will become possible for organisations to transform, plan, implement actions, and make the best possible decisions for success through predictive analytics.
“Closing the gap between information technology and business to extract its full value; and accelerating transformation through data sharing, breaking down information silos, and exchanging data will make use of enabling technologies to serve the citizens and customers better,” Mohit concludes.


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OpenGov Asia has recognised GovTech for the public sector’s evolving digital use. The agency has streamlined government operations and broken new ground with its Virtual Intelligent Chat Assistant (VICA). The project is part of GovTech’s ongoing efforts to develop and deploy chatbots to fill gaps in government services and enhance the lives of citizens.
VICA is the most recent citizen assistant platform from GovTech, utilising Artificial Intelligence (AI) to create more efficient and beneficial chatbots for government agencies to manage and for end users. The ‘Ask Jamie’ Virtual Assistant will eventually be replaced by VICA.
The engine-neutral platform employs cutting-edge tech to enhance performance and precision. VICA utilises natural language processing engines, machine learning and AI to enhance virtual and phone interactions between Singapore government institutions and residents or businesses.
This platform not only learns and interprets conversations but also offers businesses the ability to design and train chatbots, features that Ask Jamie did not provide. The automated processes provided by VICA make it easier for agencies to onboard and “train” their chatbots.
This accomplishment earned GovTech the prestigious OpenGov Asia Recognition of Excellence Award, which will be presented at the 8th Annual Singapore OpenGov Leadership Forum 2023.
Chatbot advancement to improve citizen experience
In addition to providing a simple FAQ, VICA improves transactional services in numerous other ways. Streamlining transactions provides greater convenience and access to government services and information, as well as quicker and more direct responses to user inquiries.
Taxi drivers and hawker stall owners, for instance, can use the IRAS chatbot to request assistance with tax filing. The Municipal Services Office’s OneService Chatbot, Kaki, which allows residents to easily report municipal issues via WhatsApp and Telegram, is also powered by VICA.
VICA-powered chatbots provide the public with timely updates, such as the Gov.sg chatbot, which provides COVID-19 updates and disseminates important government announcements in English, Chinese, Malay and Tamil.
Using NLP technology has allowed VICA-powered chatbots to better understand and interpret human language, particularly in the context of Singaporean English, thereby improving overall user experience. It is possible to create more structured conversational flows by defining intents, entities and context management – the building blocks that provide directions to chatbots and allow them to meet the needs of users.
VICA provides detailed analytics and insights into the performance of the chatbot as well as user conversations. With this information, the team can identify areas for improvement to enhance performance and accuracy.
Technology is constantly evolving, and the team is continuously on the lookout for and learning about new AI trends. Hence, VICA has been experimenting with a Generative AI programme that can understand written prompts and respond with helpful assistance in real-time since mid-2022.
VICA’s development involves the gradual integration of cutting-edge technology that meets the requirements of the entire government. These technological upgrades will include a unified chat frontend to ensure consistent branding across all government ministries and agencies – Singpass Integration, Live Chat Escalation, and support for various chat platforms like WhatsApp and Telegram.
As part of the closed beta programme with internal testers, the VICA team has been utilising these technologies to improve the quality and efficacy of the chatbots with citizens.
Developers also want to reduce the time and effort that their agency partners have to invest in training and maintaining their chatbots. While the team has always been receptive to new technologies, they take a measured approach, through progressive internal testing phases with the selected partner agencies before launching to the public.
The strategy is to determine how technological advancements can benefit not only the agency partners but also citizen users.
VICA intends to surpass FAQ-style chatbots with near-human conversation capabilities in the long run. It intends to combine services and transactional capabilities so that chatbots can assist users with their inquiries and complete transactions.
Given the potential risks and shortcomings associated with the development of intelligent development of platforms, it is vital to have an ethics framework in place. This will allow developers to plan for and be aware of the pitfalls and limitations of AI, which include:
- Accuracy: Models can give false responses that sound convincing
- Bias: Inherent biases may exist in the training dataset, which can be difficult to pre-empt due to the lack of information. This could then manifest in the model’s responses;
- Harmful content: To create a safe and healthy environment for users’ interaction with chat apps, chat moderation is important to monitor and regulate user input messages against inappropriate and offensive content;
- Data governance: When interacting with chatbots, users may inadvertently volunteer personal and confidential data through the chatbot’s prompts.
It is essential to encourage interactions with them and provide feedback to ensure that chatbots are performing as intended and to improve their overall performance.
Despite the functionality and enormous potential of generative AI, VICA has placed a high priority on governing its use to ensure that such technology is employed in an ethical manner benefitting both end users and society.
To mitigate the risk of unintended prejudices and ensure adherence to data governance rules, it is crucial to adopt an intentional strategy for the collection and transformation of raw data into useful and insightful outputs. Such a strategy can help ensure that the data is handled fairly and responsibly and that any potential risks are addressed pre-emptively or proactively. Moreover, this approach ensures that the resulting outputs are accurate, reliable and trustworthy.
About the team
The organisation recognises the importance of aligning team members towards a shared vision and objective, regardless of their diverse backgrounds. With a diverse team, each member can bring their unique perspectives and expertise to the table. Working collaboratively, the team can leverage these diverse perspectives to generate innovative problem-solving strategies.
The VICA team fosters an atmosphere of open communication and encourages feedback, creating a cooperative environment where team members feel heard and valued. This establishes a safe place where everyone feels comfortable sharing their thoughts and ideas.
They frequently organise team-building activities outside of work to foster camaraderie, build stronger relationships and create a more cohesive team dynamic. They believe this approach can lead to more innovative solutions and better decision-making.
Defining clear objectives and goals is crucial for the success of the VICA team. Every team member understands that they are working towards a common objective, providing a sense of purpose and direction.
Clear missions and defined tasks allow the team to stay on track and ensure that their efforts are moving the project forward in the right manner. This approach helps ensure that everyone is aligned and focused on achieving the same goals, which ultimately contributes to the success of the project.
The VICA team has implemented a robust project management framework that outlines the roles and responsibilities of team members at each project stage. They adhere to budget planning procedures to manage costs effectively. This framework helps ensure that everyone is clear on their responsibilities and contributes effectively to the project’s success within the specified budget.
The VICA team has adopted an agile approach that emphasises adaptability, speed and continuous quality improvement. The team uses retrospectives to evaluate what works well and what doesn’t, identifying opportunities for future improvement. This enables the team to quickly make adjustments and continuously improve the project’s quality, resulting in a more successful outcome.
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Proyek VICA (Virtual Intelligence Chat Assistant) adalah platform layanan chatbot yang bisa digunakan sebagai dasar pengembangan berbagai layanan chatbot di berbagai instansi pemerintahan Singapura. Platform ini ditenagai dengan Kecerdasan Buatan (Artificial Intelligence/ AI) dan pembelajaran mesin (Machine Learning/ ML) agar chatbot yang dikembangkan oleh berbagai instansi pemerintahan bisa memberikan respons yang lebih ‘manusiawi’ kepada warga dan berbagai perusahaan di Singapura.
Layanan platform chatbot VICA dikembangkan oleh GovTech, yaitu Badan Teknologi Pemerintah (Government Technology) yang mendorong transformasi digital ke berbagai instansi pemerintah di Singapura. GovTech mengembangkan VICA sebagai perbaikan dari layanan chatbot sebelumnya; Ask Jamie.
Untuk membantu VICA memberikan jawaban yang lebih natural dan akurat, GovTech memanfaatkan teknologi NLP (natural language processing) terbaru dengan platform mesin-agnostik. Menerapkan kecerdasan buatan dan pembelajaran mesin membuat VICA mampu mempelajari dan menafsirkan percakapan dan meningkatkan interaksi ketika ‘diajak bicara’ secara virtual maupun lewat telepon. Sebagai sebuah platform, VICA juga digunakan oleh berbagai instansi pemerintah lain untuk melatih chatbot yang mereka kembangkan. Fitur ini sebelumnya tak ada di platform chatbot Ask Jamie.
VICA merupakan bagian dari upaya GovTech untuk membangun dan menggunakan chatbot guna menjembatani pemerintah dengan warga dan swasta. Kepiawaian dan inovasi GovTech ini mendapat atensi dari OpenGov Asia untuk mendapatkan penghargaan OpenGov Asia Recognition of Excellence Award yang akan diberikan pada Singapore OpenGov Leadership Forum 2023 tahunan ke-8.
Chatbot pintar
Dalam wawancara dengan CEO dan Pemimpin Redaksi OpenGov Asia, tim pengembang VICA menyebut mereka telah meningkatkan berbagai fitur untuk memperbaiki cara chatbot anyar ini dalam melayani pengguna. VICA bisa memberi jawaban lebih cepat dan sesuai konteks sehingga ia tak hanya menjawab pertanyaan berdasarkan jawaban yang sering ditanyakan atau sesuai template semata. Hal ini membuat pengguna merasa lebih nyaman ketika berinteraksi dengan VICA.
Sebagai sebuah platform, VICA juga digunakan untuk mengembangkan chatbot instansi pemerintah lain. Contohnya adalah chatbot IRAS yang digunakan wiraswasta seperti supir taksi atau pemilik kios jajanan untuk meminta bantuan dalam pengajuan pajak. Kaki, chatbot layanan terpadu dari Kantor Layanan Kota bisa yang akan menampung laporan dan keluhan warga soal masalah kota lewat WhatsApp dan Telegram.
Selain itu, platform chatbot VICA juga bisa memberikan informasi terbaru secara real-time kepada warga. Contohnya, chatbot Gov.sg yang memberikan pembaruan status COVID-19 dan pengumuman pemerintah dalam bahasa Inggris, Mandarin, Melayu, dan Tamil.
Agar interaksi dengan VICA lebih ramah pengguna, tim memanfaatkan teknologi NLP untuk bisa memahami dan menginterpretasikan bahasa manusia. Namun, bahasa utama yang paling baik diinterpretasikan VICA saat ini adalah bahasa Inggris Singapura.
“Dengan memahami maksud pertanyaan, siapa yang menanyakan, dan konteks pertanyaan, ini akan jadi bahan arahan bagi chatbot untuk memberikan jawaban yang memuaskan kebutuhan pengguna, sehingga alur percakapan bisa lebih terstruktur,” jelas tim VICA.
Agar performa VICA makin bagus, tim juga melengkapi platform ini dengan analisis data. Hasil analisis itu memberikan gambaran terperinci tentang kinerja chatbot serta bagaimana kinerjanya atas percakapan pengguna. Hal ini membuat tim VICA bisa mengidentifikasi hal yang bisa diperbaiki untuk meningkatkan akurasi VICA.
Ketika memanfaatkan AI, terdapat kekhawatiran masalah etika dari kecerdasan buatan yang digunakan. Sebab, pada beberapa kasus, AI kerap memberi jawaban yang menyesatkan atau tidak sesuai etika. Tim VICA menyadari hal dan sepakat kalau model AI bisa memberikan respons yang salah namun terdengar meyakinkan.
Jawaban yang keluar dari model AI juga bisa terkontaminasi oleh bias. Bias bawaan ini mungkin terjadi imbas dari kumpulan data yang digunakan untuk melatih model AI itu. Namun hal ini bisa jadi sulit dicegah karena kekurangan informasi yang dimasukkan dalam data latihan AI tersebut. Bias dan jawaban menyesatkan tadi kemudian nampak dalam respons AI atas pertanyaan pengguna.
Untuk menjaga pembicaraan yang sehat, model AI juga perlu menyaring konten yang ditanyakan pengguna. “Moderasi obrolan diperlukan untuk memantau dan menyaring pesan yang dimasukkan pengguna untuk mengatur respons AI terhadap konten yang tidak pantas dan menyinggung.”
Etika lain yang dipertimbangkan tim pengembang VICA adalah soal tata kelola data. Saat berinteraksi dengan chatbot, pengguna mungkin secara tidak sengaja memberikan data pribadi dan rahasia secara sukarela akibat perintah chatbot.
“Terlepas dari fungsi dan potensi AI generatif yang sangat besar, kami memastikan teknologi ini digunakan dengan cara yang etis dan menguntungkan pengguna dan masyarakat,” tegas tim VICA.
Untuk mengurangi berbagai risiko disinformasi, misinformasi, bias, dan masalah etis lain, tim memastikan efisiensi dan kegunaan tiap informasi yang dikumpulkan dan ditransformasi sebagai bahan data mentah pelatihan model AI yang mereka kembangkan. Hal ini juga dilakukan agar mereka mematuhi aturan tata kelola data yang berlaku. Selain itu, mereka pun senantiasa memeriksa umpan balik pengguna agar chatbot yang dikembangkan berfungsi semestinya.
Ketika ditanya soal pengembangan VICA ke depan, sejak pertengahan 2022, tim pengembang telah mulai bereksperimen dengan program AI Generatif. Program ini bisa memahami petunjuk tertulis dan merespons dengan bantuan yang bermanfaat secara real-time.
Dalam jangka Panjang, VICA akan terus disempurnakan dengan teknologi terkini yang paling sesuai dengan kebutuhan Whole-Of-Government. Mereka akan mengembangkan antarmuka obrolan terpadu sehingga branding pada chatbot pemerintah lebih seragam di semua kementerian dan lembaga. Selain itu, mereka juga berencana melakukan integrasi VICA dengan Singpass, memperbanyak fitur Live Chat, serta integrasi dengan platform chat seperti Whatsapp dan Telegram.
Selain itu, tim VICA juga telah menjajaki teknologi kemampuan percakapan tingkat lanjut seperti yang digunakan oleh ChatGPT. Mereka tengah menelisik teknologi ini dalam program beta tertutup dan tengah melakukan pengujian internal untuk meningkatkan kualitas dan kenyamanan pemakaian chatbot. Langkah selanjutnya adalah menerapkan cara yang dapat mempermudah para mitra GovTech ketika mengadopsi platform VICA ketika mereka ingin membuat chatbot sendiri. Dengan VICA, mereka bisa mempersingkat waktu dan mengurangi kerumitan dalam melatih serta memelihara chatbot mereka.
“Kemajuan teknologi apa pun harus bisa memberikan pelayanan yang lebih baik bagi mitra instansi dan warga, itu sudah menjadi DNA kami,” tegas tim VICA
Cita-cita jangka panjang lain adalah membuat chatbot VICA bisa digunakan sebagai media transaksi. Jadi, chatbot ini tak sekedar bisa menjawab pertanyaan saja, tapi juga bisa terintegrasi dengan operasional layanan pemerintah. “Kami juga selalu terbuka untuk teknologi baru dan siap melakukan kalibrasi melalui fase pengujian internal, sebelum meluncurkan layanan itu kepada warga.”
Membangun tim inovatif
Tim VICA lantas membeberkan sejumlah cara yang mereka lakukan untuk memastikan inovasi berkelanjutan dan keberhasilan program.
“Dengan menetapkan tujuan dan sasaran yang jelas, setiap anggota tim akan terbantu untuk memahami bahwa mereka memiliki tujuan bersama yang jelas, sehingga setiap orang memahami tugas dan tanggung jawab masing-masing.”
Di tahap awal, tim membangun kerangka kerja manajemen proyek. Kerangka ini membantu peran dan tanggung jawab anggota tim untuk pembagian beban kerja yang sehat di setiap tahap proyek. Kerangka ini juga berguna untuk penentuan perencanaan anggaran agar biaya bisa dikelola secara efektif. Tim juga menciptakan suasana yang terbuka terhadap berbagai umpan balik, sehingga setiap anggota tim bisa dengan bebas dan merasa aman dan didengar ketika mengajukan pendapat.
Untuk mengukur dan mengevaluasi keefektifan kerja, tim VICA mengadopsi metodologi Agile. Metode ini dianggap lebih fleksibel, cepat, dan bisa membantu tim untuk meningkatkan kualitas kerja mereka. Sementara dalam proses pengembangan produk, mereka mendapat manfaat dari metode Scrum dan Kanban. Sebagai bahan evaluasi, tim juga mengandalkan retrospektif untuk mempelajari kembali apa yang berhasil dan apa yang tidak. Bahan ini lantas digunakan untuk perbaikan produk di masa mendatang.
Ketika berinteraksi dengan tim yang berbeda latar belakang, tim VICA memulai proyek dengan membangun rasa saling percaya dan menyelaraskan visi dan tujuan bersama. Sehingga, tiap anggota bisa memiliki cara masing-masing untuk berkontribusi dengan caranya yang unik. Dengan menyatukan semua pendapat berbeda ini, mereka dapat menciptakan dan menemukan solusi inovatif untuk berbagai masalah.
Sementara untuk menjaga kebersamaan dan kolaborasi yang efektif dalam tim, mereka memperbanyak waktu bersama lewat sesi curah pendapat (brainstorming), proyek bersama, hingga kegiatan team bonding. Mereka pun mengembangkan budaya untuk menghargai kontribusi dan menghormati pendapat setiap anggota tim. Inisiatif ini menjamin tiap pendapat didengar serta memberikan lingkungan yang aman bagi tiap anggota untuk berbagi pandangan yang berbeda.
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Singapore and Indonesia reaffirmed their strong and long-standing economic ties; and to explore opportunities in the development of Indonesia’s new capital city, Nusantara, both nations welcomed the Letters of Intent submitted by Singapore-based businesses from a variety of sectors, including construction, telecommunication and finance. This collaboration in renewable energy and the digital economy was expanded.
Singapore’s Senior Minister and Coordinating Minister for National Security Teo Chee Hean and Indonesia’s Coordinating Minister for Maritime Affairs and Investments Luhut Binsar Pandjaitan signed a Memorandum of Understanding (MOU) on Renewable Energy Cooperation.
Both countries will facilitate investments in the development of renewable energy manufacturing industries, such as solar photovoltaics (PV) and battery energy storage systems (BESS) in Indonesia, as well as cross-border electricity trading projects between Indonesia and Singapore, under the terms of the MOU.
Recognising the synergies shared by Singapore’s and Indonesia’s tech ecosystems, Singapore’s Minister for Trade and Industry Gan Kim Yong and Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto also signed the MOU on the Singapore-Indonesia Tech:X Programme.
The MOU will establish the Tech:X Programme, which enables young tech professionals from Singapore and Indonesia to work in each other’s countries, strengthens ties between the two nations’ tech ecosystems, and enables young tech professionals to pursue expanding opportunities in the digital economy.
“Through the Tech:X Program, we hope that young tech talent from both countries will be able to learn from one another, gain exposure, and expand the capabilities of both countries’ tech workforces,” Minister Gan says.
Ministers Gan and Airlangga also witnessed the signing of nine partnership documents between Singapore and Indonesia companies on 15 March 2023, in conjunction with the Leaders’ Retreat. In addition to health tech and ed-tech, the partnerships are in the digital economy.
The annual G2G platform, as well as the Singapore-Indonesia Six Bilateral Economic Working Groups (6WG), facilitate close economic collaboration between Singapore and Indonesia.
The 6WG platform addresses economic collaboration in the following areas: Batam, Bintan, Karimun, and other Special Economic Zones: Investments, Manpower, Agribusiness, Transportation, and Tourism.
Singapore and Indonesia have close commercial and investment ties. With bilateral trade totalling S$76.4 billion in 2022, Indonesia is Singapore’s sixth-largest trading partner. Since 2014, Singapore has been Indonesia’s top source of Foreign Direct Investment (FDI), with Singapore’s investments in Indonesia totalling US$17.5 billion by 2022.
OpenGov Asia earlier reported that Prime Minister Lee Hsien Loong and Indonesian President Joko Widodo recently met at the Singapore-Indonesia Leaders’ Retreat. This was the sixth Leaders’ Retreat for Prime Minister Lee and President Joko Widodo and the first to be held in Singapore since the COVID-19 pandemic.
During President Joko Widodo’s two terms in office, the relationship between the two countries had significantly improved, according to both leaders. This laid the groundwork for them to collaborate in new ways that are profound, multifaceted, forward-looking, and beneficial to both countries.
The ratification of all three agreements under the Expanded Framework was celebrated by the Leaders. These included the Agreement on the Realignment of the Boundary between the Jakarta Flight Information Region (FIR) and the Singapore FIR, the Extradition Treaty, and the Defense Cooperation Agreement.
The Leaders anticipated the next step of obtaining International Civil Aviation Organisation approval for the new arrangements under the FIR Agreement so that both countries could implement all three agreements at a mutually agreed upon date. The resolution of these enduring issues demonstrates the maturity and resilience of bilateral relations.
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Within a year of its commencement, the innovative education model FORTE (Financing of Return to Employment) has shown excellent early outcomes for both local career seekers and employers as the first groups of South Australian students transition from training to employment.
The FORTE pilot programme, which commenced in May 2022, is supported by the Department for Industry, Innovation, and Science. It provides high-quality training at no cost, aimed at equipping 150 South Australians with the necessary digital skills to work in the state’s rapidly growing hi-tech sectors.
Under the FORTE model, local training providers such as Generation Australia, General Assembly, _nology, and 42 Adelaide deliver the training, which is initially funded by private investors. Running for a duration of three years, the pilot programme has shown encouraging early indicators. Over 40% of recent FORTE graduates have already secured jobs at various tech companies.
The remaining graduates are currently actively seeking employment and attending interviews, with the FORTE team providing support to ensure they are matched with appropriate job opportunities within the next three to six months.
The South Australian Government will only make repayments under the FORTE model when a participant has demonstrated a successful employment outcome, meaning that they have secured work in their desired field, achieved higher income, and generated higher income tax as a result. By implementing this approach, the FORTE model ensures that the South Australian Government only funds labour force interventions that are effective.
According to the Founder & CEO of FORTE, talent is abundant throughout South Australia, and the programme aims to provide everyone with the opportunity to learn new in-demand skills, attain financial independence, and reach their full potential.
The FORTE model guarantees that the South Australian Government only invests in labour force interventions that have proven effectiveness. The CEO believes that there is an abundance of talent in South Australia and that the programme is designed to provide everyone with an opportunity to learn new in-demand skills, achieve financial independence, and reach their full potential.
The programme aims to help Adelaide become a leading tech hub in the Asia-Pacific region. A great tech talent pipeline is essential for this goal to be achieved. Thus far, the initiative has contributed to bridging the gender divide in the tech industry. Women who are re-entering the workforce, especially those who have taken a break to raise a family, are a valuable talent pipeline that FORTE aims to tap into.
The Forte Tech Program is a three-month full-time training programme aimed at improving the tech skills of participants. The programme also includes career development services to assist participants in securing employment opportunities in the tech industry. These services include introductions to potential employers, assistance in crafting resumes and profiles, and one-on-one coaching.
The programme is entirely remote, enabling participants to work from home while receiving top-quality training, hands-on project experience, and ongoing support. The training focuses on fields such as Data Analytics, Software Development, and Cloud Computing, which offer excellent salaries, and flexibility and are in high demand for the future. In addition, the training comes at no cost to participants.
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Director General of Resources and Equipment of Post and Information Technology (SDPPI) at the Ministry of Communication and Informatics, Ismail, revealed that Indonesia is optimising technology by ensuring sufficient digital connection and working in concert with the private sector and the community. For its citizens to make the most of this technology, the government of the Republic of Indonesia is investing heavily in its development.
According to Ismail, Indonesia has a well-balanced strategy of infrastructure development and radio frequency spectrum management in place, which would speed up the nationwide rollout of digital infrastructure. However, Indonesia needs to harness an IoT-based platform that uses the country’s digital infrastructure to speed up digital transformation and promote innovation in day-to-day living.
“The Indonesian government has invested much in expanding access to the internet throughout the country, particularly in rural and isolated areas. While this is happening, the Indonesian government is working to speed up the spread of ICT applications and services across many sectors,” Ismail mentioned in an online session for the World Summit on the Information Society (WSIS) Prizes 2023 titled “High-Level Policy Session 7: Ethical Dimensions of Information and Knowledge Societies/Bridging Digital Divides”.
The event attended by ministerial representatives from the European Union, Pakistan, Iran, Cambodia, India and the United Arab Emirates were in attendance. In addition, academics and representatives from foreign organisations were also in attendance.
Ismail points out that the government and the private sector need to collaborate with other actors as the infrastructure network expanded. As seen by the aftermath of the COVID-19 outbreak in Indonesia, the business sector was spurred to develop and implement several digitisation programmes in the education, healthcare, and SME support sectors.
“Such as student e-book libraries and e-chat programmes. The programme was designed to help educators and students in their academic pursuits. In addition, there is a database of digital web pages, including about 7,500 pieces of digital information. Using digital technology, they hope to create a more accessible education system for all members of our community, he explained.
Ismail said the programme has the potential to benefit over 40,000 educators and over 600 institutions this academic year through enhanced professional development opportunities. Over 20,000 educators and 16,000 pupils have benefited from private sector capacity development programmes.
The private sector in Indonesia has launched several programmes to aid the growth of SMEs. These programmes provide SMEs with resources, including startup funding, digital marketing courses, and more.
Several private sector personnel and over 16,000 partners began the programme to digitalise small and medium-sized businesses. From this, we can infer that the government is trying to promote the availability of digital services and apps,” he said.
Meanwhile, in the healthcare sector, the private sector helps to produce the PeduliLindungi health app during the recent Covid-19 outbreak. The collaboration from a local developer’s team, the Indonesian government’s Ministry of Health, and the Ministry of Communication and Informatics have sped up the development and improvement of the app.
During the pandemic “this application provides information about health and other relevant information,” the Director General of SDPPI of the Ministry of Communication and Informatics pointed out.
With over 100 million users, the software has been downloaded and is now used as an Indonesian Health Service Platform known as Satu Sehat Platform. The Platform is a unified health record system for locals. Director General Ismail cited that app as an example of one that is crucial to Indonesia’s healthcare system.
Indonesia’s government is constantly improving its public services to make them more effective and accessible to the people. Efforts to manage Indonesia’s National Public Service Innovation Network have officially commenced. (JIPPNas). The JIPPNas website has become a clearinghouse for innovative methods in public service throughout the country.
The website was created to compile all accessible statistics and information on the best public services and help Indonesia’s public and private sectors better understand how to develop innovation. The JIPPNas website is a hub for promoting innovation, especially in public services, thanks to the collaborative efforts of several different organisations.
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The Transport Minister, Michael Wood, launched the country’s first electric vehicle (EV) charging strategy, which includes plans to provide EV charging stations in almost every town in New Zealand. The strategy is titled Charging Our Future. According to Wood, the government’s vision is for Aotearoa New Zealand to have world-class EV charging infrastructure that is accessible, affordable, convenient, and reliable.
The strategy aims to offer journey charging hubs every 150-200 kilometres on main highways, a public charger for every 20-40 EVs in urban areas, and public charging at community facilities for all settlements with 2,000 or more people. Meeting the targets would see tens of thousands more EV chargers across the country, Wood said.
Emissions from the light vehicle fleet are the single largest source of transport emissions in New Zealand, partially due to having some of the most fuel-inefficient and emissions-intensive vehicles in the OECD. This is expensive and damaging to people’s health and the environment. “Switching to EVs would be like buying petrol for 40c/litre, which would make a big difference for household budgets,” he explained.
Last May, the government released Aotearoa New Zealand’s first emissions reduction plan. The plan explored how the country would meet the first emissions budget for 2022–25 and put it on track to meet future emissions budgets. As per the strategy, transport is one of New Zealand’s largest sources of greenhouse gas emissions and is responsible for 17% of national gross emissions and 39% of total domestic carbon dioxide emissions.
The Emissions Reduction Plan includes the action to rapidly adopt low-emissions vehicles including by improving EV-charging infrastructure across Aotearoa to ensure that citizens have adequate access to charging facilities. Although EVs are not a solution, they are a crucial part of a decarbonised transport system, complementing increased opportunities for adults and children to safely walk, cycle, and use high-quality public transport, the strategy wrote. The country needs an EV charging plan to provide certainty to all parties about the role government will play in supporting EV charging infrastructure.
These new targets will facilitate infrastructure to support different trips and journeys that EV drivers make as well as ensure that rural and provincial New Zealand locations are accessible for residents and visitors with EVs. Wood noted that the success of the government’s clean car policies means there are more than 69,000 EVs on roads, over 80% more than at the end of 2021. This strategy will ensure New Zealand can sustain the uptake of EVs as it is witnessing more people make the switch.
The Ministry will work with local government and industry across transport, energy, and other sectors to deliver on these initiatives. “We also want to make sure we’re working alongside the public. I hope everyone will take the opportunity to feed into the draft strategy and the discussion document,” Wood stated.
The country’s capital, Wellington, previously announced it aims to replace all fossil-fuel-powered passenger vehicles with electric alternatives by 2030. Last year, the Wellington City Council added 24 electric vehicles (EVs) to its fleet. As OpenGov Asia reported, by mid-August, there were 40 EVs for staff to use for daily operations.
A study by the New Zealand Transport Agency (Waka Kotahi) about Kiwi behaviour showed that on average, people don’t travel more than 20 to 50 kilometres a day. Introducing electric vehicles that are capable of a 250-300 kilometres range in one full charge will be the right match for most Council operations. As Wellington city is compact, there are many opportunities for people to change the way they travel throughout the city and have an impact on carbon emissions. More recently, the capital approved trialling a public e-bike share scheme, allowing residents and visitors to hire e-bikes to get around the city.
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The HKUST Business School conducted a comprehensive research study aimed at guiding policy and strategy development for Hong Kong’s regtech sector. The study highlights the pain points currently facing the industry and proposes measures that could strengthen its growth.
To create a more vibrant and innovation-friendly regtech ecosystem, regulators should consider leading in technology development, providing incentives for technology use, and issuing clear guidelines to facilitate technology adoption.
Regtech is a subsector of fintech that adds value to financial institutions and end-users of financial services by automating compliance processes and facilitating innovative customer services such as remote bank account opening. The Hong Kong Government recognises the significance of regtech as part of its fintech strategy and promotes its growth in the city.
To conduct the study, the research team collected insights from regtech solution providers and users, including senior management from banks, payment service providers, and asset management companies. The team used an online survey and focus group discussions to gather this information. Based on their findings, the team developed two reports that summarise their key observations and recommendations.
The research team identified the potential of regtech in automating financial institutions’ know-your-customer (KYC) processes and recommended establishing clear protocols for releasing government data for document verification purposes.
Additionally, the team proposed several solutions to address Hong Kong’s regtech talent shortage, including allocating more resources for on-the-job training, mandating IT courses for finance majors, and establishing an accredited regtech program that is widely recognised.
The Dean of HKUST Business School expressed that financial institutions are turning towards regtech to stay competitive and provide consistent value to customers amid a rapidly changing market with numerous regulatory requirements.
He hopes that this study will help policymakers, regulators, and industry participants to enhance the regtech capabilities of the city and accelerate industry growth. Additionally, the school plans to allocate more resources and focus on regtech research in the future.
The following are the recommendations provided by the HKUST Business School’s study on promoting regtech development in Hong Kong:
Creating a Friendly Regulatory Environment that Encourages Innovation:
- Establish clear guidelines with notes on interpretation and provide prompt feedback
- Provide incentives to the industry, startups, and academics to facilitate regtech innovation
Building a Connected, Inclusive, and Vibrant Regtech Ecosystem:
- Regulators to take lead in technology solutions to address pain points of the industry
- Build an inclusive regtech network through the facilitators
- Accreditation of regtech solution providers
Facilitating the Sharing of Data & Technology in the Regtech Community:
- Standardise the APIs for different banks to share data
- Provide shared databases and platforms to be accessed by different regtech stakeholders
- Allow successful sandbox projects to share solutions
Facilitating KYC Processes and Cross-Border Data Access:
- Establish protocols for verification of documents and identities (individuals and corporates)
- Collaborate with Mainland China to offer standardised procedures and data access
Solving Hong Kong’s Regtech Talent Shortage:
- Government and regulators to allocate more resources for on-the-job training
- Government to sponsor more internships, as firms may not have the resources to support student internships
- Government could provide living allowance to expatriates, or subsidise the companies that offer housing benefits to expatriates to increase their willingness to relocate to Hong Kong
- Higher education providers to include mandatory IT courses in the curriculum for finance majors
- Establish a widely accepted accredited program with regtech as a specialisation for graduates and practitioners to certify fintech and regtech talent
- Provide a clear path for the regtech profession and offer a more rewarding scheme and more interesting future prospects to attract students into the field.
The Policy Innovation and Coordination Office (PICO) and the Research Grants Council (RGC) funded the study.