While the unrelenting cry for businesses to adopt more sustainable practices continues to ring out, SMEs in Singapore have revealed that their top challenge transitioning to more sustainable business models is balancing ESG goals with growth targets for their business (63%). This was followed...
Frost & Sullivan's recent analysis, Global Halal Economy Growth Opportunities, finds that the halal economy is experiencing an upward trend as the demand for halal products from Muslims and non-Muslim nations increases. The main factors driving the halal industry are favorable population demographics, government policies,...
A study by Schneider Electric has found that the sustainability momentum in Singapore has accelerated strongly over the last 12 months, with nine in 10 (90%) business leaders stating that they now work for organisations with sustainability strategies and policies, compared to less than seven in 10 (67%)...
A report released by international accountancy network Kreston Global has revealed that SME business leaders in India and China appear significantly more likely to expand their businesses overseas than those elsewhere.  The report – based on a survey conducted in partnership with international market research organisation...
The recent years have seen a raft of changes for the retail sector, many accelerated by the onset of the COVID-19 pandemic. These include the pandemic challenges to brick and mortar establishments, the growth of e-commerce, the expansion of delivery platforms, changes in consumer expectations, and a...
Nine out of 10 accounting and financial professionals in Mainland China believe their employer will increase technology use over the next 12 months. However, there is a digital divide between large and small businesses according to CPA Australia's Business Technology Survey 2022.Eighty per cent...
Micro, small, and medium enterprises' (MSMEs) contributions to the economy and exports have steadily increased over the last few years due to technological advances, government policies, and increasing levels of entrepreneurship across Asia-Pacific (APAC). MSMEs contribute an impressive amount ($15 trillion in 2021) to APAC's gross domestic...
Artificial intelligence (AI) will create new revenue and growth opportunities for start-ups and global information and communication technology (ICT) companies, finds Frost & Sullivan's analysis, Global Artificial Intelligence (AI) Market. The adoption of AI technologies across industries unleashes innovative business models, drives operational efficiencies, and...
Digitalising paper invoicing across Southeast Asia’s millions of small and medium sized enterprises (SMEs) is a major opportunity in the post-COVID era as economies ramp up digital transformation efforts to better weather future shocks. Finance departments serve a fundamental role in every company, processing...
Small and Medium Enterprises (SMEs) in Singapore can now tap on a mentorship programme that will make it easier for them to kickstart their sustainability journeys and build capabilities to decarbonise. Known as the “SME Kickstarter Decarbonisation Programme”, the initiative is conceptualised and implemented...