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Sovereign wealth fund urging portfolio companies to embrace tech - or be turfed out

Published Tue, Jul 2, 2019 · 09:50 PM

    Singapore

    IN MANY ways, it's do or die. It is why GIC is actively "encouraging" incumbents in its portfolio to seize technology - or run a real risk of becoming irrelevant.

    Be they in banking or any other traditional form of business, incumbents have to wake up to the new reality that barriers to entry are coming down with technology.