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AI or Be Replaced? Why Singaporean Professionals Are Rushing to Upskill

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SINGAPORE, March 18, 2025 /PRNewswire/ — Singapore’s workforce is at a turning point. As artificial intelligence (AI) adoption accelerates, businesses are rethinking how they operate, automate, and scale. According to the Infocomm Media Development Authority (IMDA), in 2024, over 75% of industries worldwide have integrated AI into their workflows. Singapore’s push for digital transformation has made AI upskilling a necessity rather than an option. Companies and individuals that fail to adapt risk falling behind as AI-powered automation reshapes work processes, decision-making, and talent requirements. Illustrating this shift, local bank DBS recently announced that it expects to cut around 4,000 contract roles in the next three years as AI increasingly automates these functions.

With AI rapidly disrupting industries, adoption is becoming a non-negotiable for professionals and businesses alike. Organisations implementing AI-driven automation report 30% faster workflows, as highlighted in Singapore’s National AI Strategy report by Smart Nation. The IMDA’s AI Readiness Index & Case Studies further indicate a 50% reduction in repetitive tasks. Cost is also a significant driver of AI adoption, with companies potentially saving up to 50% in operational expenses, according to Amazon Web Services’ AI Adoption Study. However, successful AI integration hinges on ensuring that workers have access to upskilling opportunities.

Greater Support for Upskilling: Budget 2025

During the Budget 2025 announcement on February 18, Prime Minister Lawrence Wong acknowledged concerns about the impact of rapid industry changes on Singaporeans’ livelihoods. The SkillsFuture Level-Up Programme (SFLP) will be significantly enhanced to support mid-career development, offering greater flexibility for Singaporeans aged 40 and above.

Starting in early 2026, a new part-time training allowance of S$300 per month will be introduced to support individuals pursuing part-time courses, while the existing full-time allowance of up to S$3,000 per month remains available for those seeking career transitions.

The Challenge of Building an AI-Ready Workforce

Yet, the real challenge lies in developing an AI-ready workforce that can harness these tools effectively. A 2024 YouGov survey of 1,000 Singaporean employees found that 63% had not received employer-led training in using generative AI ethically. This reflects a gap in corporate AI education efforts.

Recognising this need, Vertical Institute, a leading provider of in-demand AI training, has committed to making AI education accessible to a broad audience. With over 15,000 alums, the Singapore-based training provider has played a key role in equipping Singapore’s professionals with the skills needed to leverage AI for business impact. Beyond alumni numbers, Vertical Institute’s true success lies in the professionals who have transformed their careers—and their companies—through these training programmes.

From Spreadsheets to AI-Driven Workflows: Hidayah’s Story

Hidayah Alias, 28, an analyst at an investment firm, is one such alumnus who has reaped the benefits of AI upskilling. When tasked with developing dashboards and streamlining reporting processes, she struggled with inefficiencies – 90% of her time was spent on pivot tables and manually processing data. She recognised the need to enhance her data science skills, so she used her SkillsFuture credits to enrol in an AI course at Vertical Institute.

“Learning AI-powered problem-solving skills completely changed my approach at work,” Hidayah shared. “The course didn’t just introduce new tools—it helped me break down complex challenges into manageable steps. Learning from instructors who are industry experts gave me the confidence to apply AI-driven solutions at work.”

Following her upskilling journey, Hidayah successfully implemented automated reporting systems, cutting manual effort significantly and improving decision-making efficiency within her company.

AI-Driven Job Search Success: Aishah’s Journey

AI is transforming business operations and reshaping hiring and job search strategies. Nur Aishah Abdullah, 38, another Vertical Institute alumnus, leveraged her training to secure a new role at a multinational law firm.

“The role-playing interviews using ChatGPT were a game-changer,” she recalled. “Practicing real-world responses, anticipating interview questions, and refining my communication skills gave me theconfidence that translated into my actual interview performance, which helped me to secure the job.”

Beyond technical skills, Aishah found value in the structured online learning experience, which allowed her to learn from industry AI practitioners. “It wasn’t just theory. The case studies and real-world examples made the learning highly practical,” she added.

The Future of Work: Businesses Need AI-Ready Talent

Singaporean businesses are actively investing in AI, with 67% of companies already integrating it into their operations. Yet, the biggest hurdle remains: finding talent capable of navigating, implementing, and maximising AI technologies.

Aishah believes the key is not fearing AI but learning to work alongside it.

“Many professionals worry about AI replacing jobs, but what’s more crucial is learning how to adapt and apply AI to everyday tasks. The ability to evolve with technology makes you invaluable to any company,” she said.

Generative AI is no longer a futuristic concept for businesses—it is a competitive advantage. From automating workflows and reducing operational costs to enhancing decision-making, the ability to leverage AI is now a defining factor in business success.

Vertical Institute: Bridging the AI Skills Gap

What sets Vertical Institute apart is its commitment to real-world learning. Unlike traditional training providers, Vertical Institute offers AI courses designed and taught by industry professionals who use AI daily in their respective roles. This approach ensures participants learn AI concepts and acquire practical skills that drive tangible business outcomes.

“Vertical Institute’s Generative AI curriculum equips students with real-world skills that put them ahead of industry trends, empowering them to innovate, lead, and shape the future of their careers in an increasingly AI-driven world,” says Dr Peter Finn, Generative AI Instructor at Vertical Institute and also Co-founder and CEO @ Synectify.

Vertical Institute website: https://verticalinstitute.com/generative-ai-course/

About Vertical Institute

Vertical Institute prepares individuals for the jobs of tomorrow. We specialise in teaching in-demand skills and building the next generation of changemakers and inventors through our world-class in-demand courses and certifications.

Vertical Institute is accredited as an Approved Training Provider (ATO) by SkillsFuture Singapore (SSG) and the Institute of Banking and Finance Singapore (IBF). All our courses are government-subsidised and eligible for SkillsFuture Credits usage and NTUC UTAP Funding.

View original content:https://www.prnewswire.com/apac/news-releases/ai-or-be-replaced-why-singaporean-professionals-are-rushing-to-upskill-302404086.html

SOURCE Vertical Institute Pte Ltd

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TECO Acquires Malaysia’s NCL Energy to Enter Southeast Asia’s Data Center MEP Engineering Market

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KUALA LUMPUR, Malaysia, March 19, 2025 /PRNewswire/ — TECO Electric & Machinery Co. held an acquisition signing ceremony today (19th) in Kuala Lumpur, Malaysia, with local MEP engineering company NCL Energy Sdn Bhd (hereinafter referred to as NCL). TECO will acquire an 80% stake in NCL, becoming its largest shareholder and jointly expanding into Malaysia’s MEP engineering market for data centers and renewable energy.

TECO Chairman Morris Li stated that Malaysia has introduced a series of power infrastructure and renewable energy policies. With its low electricity costs, vast land availability, and strategic location near Singapore, Malaysia has attracted significant investment in data center construction, making it the country with the highest number of new data centers in Southeast Asia. This acquisition aligns with TECO’s strategy of focusing on the Southeast Asian market and demonstrates its long-term commitment to the Malaysian market.

On March 14, TECO’s board of directors approved the acquisition and investment of NCL Energy Sdn Bhd and its renewable energy subsidiary, NCL Green Energy Sdn Bhd, for a total price not exceeding MYR 70 million. The transaction is expected to be completed in Q2 2025. TECO’s Intelligence Energy Business Group has extensive experience in building data centers for international cloud computing giants in Taiwan and Singapore. Chairman Li highlighted that NCL has been a long-term strategic partner of Malaysia’s electricity company, Tenaga Nasional Berhad (TNB). With NCL’s experienced team and past achievements, TECO will be able to quickly obtain the necessary MEP engineering licenses and workforce for the Malaysian market. Furthermore, this acquisition will allow TECO to seamlessly connect with major Malaysian EPC contractors such as Gamuda and Sunway, enabling it to provide comprehensive MEP engineering services for international cloud computing clients in Malaysia.

NCL founder Dato’ Ng Keng Hiong expressed his honor in joining the TECO Group. NCL has been engaged in MEP and solar engineering in Malaysia for nearly 20 years. Recently, it successfully collaborated with TECO on two hyperscale data center projects, establishing a strong working relationship. This investment signifies TECO’s recognition of NCL’s management team. With greater capital and resources, NCL aims to expand its team and compete for more large-scale data center, solar power plant, and MEP engineering projects.

Malaysia has attracted strategic investments from global tech giants such as Google, Microsoft, Amazon Web Services, and Oracle. Over the next five years, the country is expected to receive more than $20 billion in foreign investment for data center construction, solidifying its position as Southeast Asia’s data center hub. Chairman Li emphasized that entering Malaysia’s data center MEP engineering market is just the first step. TECO plans to expand into solar power plant, battery energy storage system (BESS), EV charging and MEP equipment sales to seize market opportunities. This aligns with TECO’s strategy of increasing overseas revenue to more than 50% within the next two to three years by targeting Southeast Asia’s high-growth potential markets. Through this initiative, TECO aims to fulfill its vision in realizing electrification, intelligence, and green energy.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/teco-acquires-malaysias-ncl-energy-to-enter-southeast-asias-data-center-mep-engineering-market-302405533.html

SOURCE TECO Electric & Machinery Co.

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ROHM’s “Power Eco Family”: Pioneering Next-generation Power Solutions

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KYOTO, Japan, March 19, 2025 /PRNewswire/ — ROHM Co., Ltd. announced on March 19 its commitment to addressing social challenges through electronics by focusing on the development of power semiconductors, which play a critical role in improving efficiency in high-power applications. Under the “Power Eco Family” brand, ROHM offers comprehensive power semiconductor technologies and solutions that contribute to building a sustainable ecosystem.

In recent years, the use of electricity has been accelerating across various fields such as electric vehicles and energy harvesting, with power systems integrated into these applications, which need to improve performance by increasing efficiency, achieving miniaturization, and reducing weight. Consequently, power semiconductors must meet higher performance requirements and withstand harsh environments by specifically providing fast switching speeds, low losses, and superior heat dissipation. In addition, the application scope of power semiconductors continues to expand, increasing demand.

ROHM has accumulated extensive expertise and technological advancements in the power semiconductor sector, including becoming the world’s first* to successfully mass-produce SiC (silicon carbide) MOSFETs. ROHM is also expanding into new product areas such as the mass production of GaN (gallium nitride), which, like SiC, is attracting attention as a next-generation semiconductor to meet growing market demand.

*ROHM Study, March 19, 2025

Figure 1. Diagram showing area of each Power Eco Family product by power capacity and operating frequency: https://cdn.kyodonewsprwire.jp/prwfile/release/M106254/202503065284/_prw_PI1fl_9tAb1z28.jpg 

The diagram illustrates the application range of ROHM’s power semiconductors, with operating frequency plotted on the horizontal axis and power capacity on the vertical axis. Si (silicon), a long-established semiconductor material, is utilized in the EcoMOS (TM) and EcoIGBT (TM) series of power semiconductors. Meanwhile, next-generation semiconductors such as EcoSiC (TM), which is optimized for ultra-high voltage and high-speed switching, and EcoGaN (TM), which features ultra-high-speed switching, are offered to address diverse application requirements.

ROHM has grouped these four product lines under the Power Eco Family, contributing to the development of a sustainable ecosystem by enhancing application performance.

EcoSiC (TM): https://www.rohm.com/products/sic-power-devices 

EcoGaN (TM): https://www.rohm.com/products/gan-power-devices 

EcoIGBT (TM): https://www.rohm.com/products/igbt 

EcoMOS (TM): https://www.rohm.com/products/mosfets 

Figure 2. Building ecosystems by expanding Power Eco Family: https://cdn.kyodonewsprwire.jp/prwfile/release/M106254/202503065284/_prw_PI2fl_O1In66If.jpg 

White paper: https://www.rohm.com/search/application-notes?DocType=White%20Paper&SearchBox=Power%20Eco%20Family 

EcoSiC (TM), EcoGaN (TM), EcoIGBT (TM), and EcoMOS (TM) are trademarks or registered trademarks of ROHM Co., Ltd.

About ROHM: https://kyodonewsprwire.jp/attach/202503065284-O1-k1kW22Nh.pdf 

Logo: https://cdn.kyodonewsprwire.jp/prwfile/release/M106254/202503065284/_prw_PI3fl_1gchlX8N.jpg 

Official website: https://www.rohm.com/ 

View original content:https://www.prnewswire.com/news-releases/rohms-power-eco-family-pioneering-next-generation-power-solutions-302405255.html

SOURCE ROHM Co., Ltd.

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Empowering Education in Africa: Bybit and AltSchool Africa Unveil Bybit Academy and $100,000 Scholarship Fund

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DUBAI, UAE, March 19, 2025 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced its partnership with AltSchool Africa through the launch of a Bybit Academy and a $100,000 scholarship fund. This scholarship will benefit 1,000 AltSchool students, enabling them to access the life-changing power of education. The partnership endeavors to empower the next generation of innovators and leaders by providing accessible, technology-focused education that equips students with the skills needed to thrive in a digital economy.

AltSchool Africa is a global talent company that equips Africans with the knowledge, skills, and resources they need to succeed in their careers. AltSchool Africa offers a diverse range of technical and non-technical diploma programs and short courses across its five schools: Software Engineering, Data, Product, Creative Economy, and Business. To ensure that skilled professionals can access rewarding career opportunities worldwide, AltSchool Africa also provides career counseling, mentorship, recruitment support and job placement services.

As Africa continues to emerge as a vibrant hub for innovation and technology, the need for quality education has never been more pressing. Bybit recognizes that investing in education is a strategic imperative that fosters long-term economic growth and technological advancement in the continent.

Key Highlights of the Initiative:

Financial Support: Bybit will provide a sponsorship fund of $100,000 to establish the Bybit Academy and offer scholarships for 1,000 students. Students will be selected based on established criteria, including academic performance and diversity.Merit and Diversity-Based Criteria: Bybit will collaborate with AltSchool Africa to determine scholarship selection criteria based on entrance exam scores, priority countries, gender diversity, and other mutually agreed factors.Internship and Ambassador Opportunities: The top 10 graduates from the program will have the chance to become Bybit Interns, Ambassadors, or ByBUILDERS, fostering their professional growth and integration into the Bybit ecosystem.Educational Contributions: Bybit product managers will facilitate sessions on technology and cryptocurrency, enhancing the participants’ learning experience and practical skills.

“Education is a powerful catalyst for change, and Africa’s young population stands to benefit from unprecedented accessibility to technology in this day and age. Through our partnership with AltSchool Africa and the establishment of the Bybit Academy, we are committed to providing opportunities that foster growth, innovation, and resilience. Together, we can cultivate a brighter future for our communities and future-proof Africa’s talent for the digital future,” said Helen Liu, COO of Bybit.

By investing in education, Bybit is sending a powerful message: the future of Africa lies in the hands of its youth. By ensuring that young Africans have access to quality education and opportunities, we can collectively build a prosperous and innovative continent.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

View original content to download multimedia:https://www.prnewswire.com/news-releases/empowering-education-in-africa-bybit-and-altschool-africa-unveil-bybit-academy-and-100-000-scholarship-fund-302405536.html

SOURCE Bybit

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