UOBAM Muses for February

  • UOBAM MusesUOBAM Muses
Share: Share to Facebook Share to Twitter Share to LinkedIn


We believe we can help you navigate beyond dollars and sense. As we keep up in a world of constant change, learning and reading can spark joy.

Digest literature that expanded our horizons this month, guided by the themes that emerged strongly from the Singapore Budget 2020 statement delivered a little over a week ago.

Understandably, COVID-19 featured prominently in Budget 2020. Just as the Singapore government is employing wide-ranging measures to help companies and workers cope with the economic uncertainty brought about by COVID-19, artificial intelligence (AI) is being used in diverse - and sometimes surprising - ways to tackle various aspects of the outbreak. This article details some of these efforts, from using AI to identify molecules that are potentially effective at countering the coronavirus to using machine learning to make sense of voluminous data from different sources, including patient records, public health data and even social media. (Towards Data Science)

For a deeper look at how AI has unlocked new avenues for the rapid and cost-efficient identification of new antibiotics, this article on computer-aided drug discovery is worth a read as well. (The Guardian)

Another highlight from Budget 2020 was the Government's pledge of increased support for deep tech startups. But what exactly is deep tech, and what are the trends driving the growth of this burgeoning ecosystem on a global scale? This article offers answers to these questions and more. (BCG)

A little closer to home, how is Singapore faring on the deep tech front? This piece explores the areas of focus in the island state's deep tech research, and the gaps it needs to address in order for the sector to really take flight. (KrASIA)

Sustainability was also one of the themes of Budget 2020, with the Government announcing its plans to combat climate change. They rightfully underscored the need for such plans to be informed by a long-term, well-considered view. This story paints a cautionary tale of how an initiative with a green agenda can lead to unintended consequences for both the environment and people's livelihoods. (The New York Times)

This publication shall not be copied or disseminated, or relied upon by any person for whatever purpose. The information herein is given on a general basis without obligation and is strictly for information only. This publication is not an offer, solicitation, recommendation or advice to buy or sell any investment product, including any collective investment schemes or shares of companies mentioned within. Although every reasonable care has been taken to ensure the accuracy and objectivity of the information contained in this publication, UOB Asset Management Ltd (“UOBAM”) and its employees shall not be held liable for any error, inaccuracy and/or omission, howsoever caused, or for any decision or action taken based on views expressed or information in this publication. The information contained in this publication, including any data, projections and underlying assumptions are based upon certain assumptions, management forecasts and analysis of information available and reflects prevailing conditions and our views as of the date of this publication, all of which are subject to change at any time without notice. Please note that the graphs, charts, formulae or other devices set out or referred to in this document cannot, in and of itself, be used to determine and will not assist any person in deciding which investment product to buy or sell, or when to buy or sell an investment product. UOBAM does not warrant the accuracy, adequacy, timeliness or completeness of the information herein for any particular purpose, and expressly disclaims liability for any error, inaccuracy or omission. Any opinion, projection and other forward-looking statement regarding future events or performance of, including but not limited to, countries, markets or companies is not necessarily indicative of, and may differ from actual events or results. Nothing in this publication constitutes accounting, legal, regulatory, tax or other advice. The information herein has no regard to the specific objectives, financial situation and particular needs of any specific person. The contents of the above books are not endorsed or approved by UOBAM and do not represent UOBAM’s views. You may wish to seek advice from a professional or an independent financial adviser about the issues discussed herein or before investing in any investment or insurance product. Should you choose not to seek such advice, you should consider carefully whether the investment or insurance product in question is suitable for you.

Invest in your mind. Receive our curated insights in your inbox.