Despite the ongoing economic uncertainties, small and medium-sized enterprises (SMEs) and large enterprises in the Southeast Asian and Greater China regions are eager to venture overseas in search of a boost to their profits and reputation. In particular, they have their sights set on the ASEAN region.
The UOB Business...
Companies worldwide face increasingly complex challenges, competition, and potential revenue loss as a result of unexpected machine failure. In fact, the world’s largest manufacturers are losing close to $1 trillion a year due to machine failure. This trend has been further exacerbated by the COVID-19 outbreak, which has exposed...
Inflation, rising healthcare costs, workforce shortages, and hospital staff burnout are all putting digital advancements in the centre of the healthcare transformation agenda in Southeast Asia. With consumers placing a higher priority on their health and wellness, existing healthcare systems need a quick reform to improve patient outcomes.
Merakiplace is...
Singapore’s SMEs are still lagging in digital adoption and are not adequately prepared for the national transition to a digital economy, according to the fourth edition of QBE Insurance’s annual survey of Singapore SMEs. The results found that SMEs have been slow to take up cyber protection measures, digital...
Singapore businesses have a cautious economic outlook, as new data from Airwallex reveals that 7 in 10 small and medium-sized enterprises (SMEs) here are bracing for a potential recession within the next two years.
The independent research considered the challenges SMEs in Singapore would face amid the current economic uncertainty, how...
With Southeast Asia's booming digital economy projected to surpass the US$300 billion mark by 2026, digital payments continue to present tremendous growth opportunities for businesses, according to a new IDC report commissioned by global payments platform 2C2P and global membership association for payments and fraud prevention professionals Merchant Risk Council (MRC).
On the flip side, emerging threats and...
While there is an anticipation of global trade expanding by slightly over 2% in 2024, the pace of growth in Asia is forecasted to remain subdued and may not be as robust as it was in previous years.
The key factor inhibiting growth can be attributed to an ongoing underperformance...
The Singapore Institute of Technology (SIT), Enterprise Singapore (Enterprise SG) and JTC jointly launched FoodPlant, Singapore’s first shared facility for small-batch food production that is licensed by the Singapore Food Agency (SFA).
A key FoodInnovate initiative, FoodPlant provides affordable access to a wide range of pilot scale equipment, research and...
PropertyGuru, announced on 12 March its expansion into home finance with the launch of its mortgage marketplace, ‘PropertyGuru Finance’.
Through this venture, PropertyGuru aims to assist Singaporeans in saving money on their home loans in the long term, as well as simplify their home buying journey. PropertyGuru Finance will...
Family businesses tend to lean towards a long-term view rooted in shared values, vision and culture, which can help them maintain family control over years. However, family ownership, by itself, doesn’t guarantee a business’s longevity. This is according to Deloitte’s new survey, Global family business survey 2019: Long-term goals meet...
