Expansion

Asia Pacific travellers prefer using credit, debit and prepaid cards as payment method when travelling, according to the latest findings from Visa's latest Global Travel Intentions (GTI) study, underlining consumers' growing reliance on digital payment methods. The number of travellers bringing cash on their trips...

Following two years of high but stable loss activity, 2023 has seen a worrying resurgence in ransomware and extortion claims as the cyber threat landscape continues to evolve, Allianz Commercial warns in a new report.Hackers are increasingly targeting IT and physical supply chains, launching mass cyber-attacks, and...

Singaporean lithium-ion battery manufacturer, Durapower Holdings Pte Ltd  has announced that its subsidiary Suzhou Durapower Technology Co Ltd has just broken ground for its new battery manufacturing factory in Suzhou, China. The new factory will have an area size of 32,500 square meters, featuring...

Hong Kong's economy is expected to grow slightly in 2024, a CPA Australia survey on Hong Kong's economic and business outlook indicates. The survey results also show anticipated weak demand has led many companies to be more conservative in their 2024 business forecasts and...

A report from Infosys Cobalt, together MIT Technology Review Insights with examines how cloud capabilities play a crucial role in accelerating the global economy's next stage of digital transformation, spanning cybersecurity, sustainability, AI, and more. The "2023 Global Cloud Ecosystem" report is based on in-depth...

Sendbird has shared exclusive insights into the guardrails for Gen AI conversation that took place in the World Economic Forum 2024 in Davos. Comprising the discussion between world leaders during the forum and decades of industry expertise, Sendbird looks to help organizations speed ahead in the operational...

HP has revealed 56% of millennials (27 to 42-year-olds) and 55% of Gen X (43 to 58-year-olds) strongly believe that adopting technology for business is a smart choice for the future. But findings from the HP Smart Where IT Matters Study, show a generational gap...

Although the global landscape continues to be marked by uncertainty, DBS expects 2024 to be a year of economic renewal for Singapore, with the manufacturing, trade-related services, finance and insurance sectors emerging as key drivers of growth. Rising foreign direct investment inflows into Singapore...

Local business sentiment has weakened with only 25% of businesses confident that the economy will improve in the next 12 months, compared to 41% a year before. The top challenge faced by businesses is an increase in business cost (58%) with manpower cost cited...

The boom in the subscriptions economy is causing 'subscription fatigue' in the Philippines and India, according to a new survey. Nearly nine in ten (85%) Filipino subscribers believe there are now "too many" subscription services available. The figure for Indian subscribers is 89%.   As...