The F&B industry is undoubtedly one of the hardest hit industries by COVID-19, resulting in a more challenging operating environment for many restaurants and eateries. Revenues have significantly dipped and recovery is slow with each phase of Singapore’s COVID-19 journey. Operational factors like steep fixed overhead costs...
The Asian Development Bank (ADB) has received $12.6 million of funding for 2018 to 2020 from the Women Entrepreneurs Finance Initiative (We-Fi) to generate more resources for Sri Lankan women-led businesses.
The grant—one of three awarded under the inaugural call for proposals—enhances ADB’s support...
As stricter safe distancing measures for public venues, social activities and activities are introduced by the Government to reduce the risk of further local transmission of COVID-19, restaurants across Singapore are turning to delivery as a way to sustain their businesses and keep serving customers in their...
Pitik, founded in 2019, is an Indonesian company that harnesses the power of data and technology to empower Indonesian chicken farmers, allowing them to achieve better quality poultry and thereby generating more income. Like many SMEs and startups, they faced an issue obtaining the necessary financing to...
foodpanda has entered a strategic partnership with Xiaomi to offer a wide range of consumer electronics and appliances for on-demand deliveries on foodpanda shops in Singapore and Thailand.
In addition, the foodpanda app is pre-loaded in new Xiaomi mobile phones in 10 markets across Asia.
Almost half of Taiwanese small businesses expect to grow in 2023. Digitalisation is likely to be the catalyst for their growth, according to CPA Australia's Asia-Pacific Small Business Survey.CPA Australia surveyed 4,280 small business owners or managers across 11 Asia-Pacific markets, including 313 respondents based in Taiwan.
Nanyang Technological University, Singapore (NTU Singapore) and semiconductor company AMD have teamed up to launch a Data Science and Artificial Intelligence Lab, which will nurture next-generation tech leaders equipped with the latest industry-driven digital skills. With the support of the Economic Development Board (EDB), the project aims to strengthen...
Asia can defy a global economic slowdown in 2023 through an acceleration in digital transformation, greater regional coordination, and balanced monetary policies, according to new research from the London-based think tank, Asia House.
The Asia House Annual Outlook 2023 examines how Asia's economies can prevail and deliver robust...
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...
