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...
JobStreet by SEEK has launched its latest report – What Jobseekers Wish Employers Knew: Unlocking the Future of Recruitment. Launched across 6 key markets, Singapore, Hong Kong, Malaysia, Indonesia, Thailand, and the Philippines, this report is the world’s largest survey on recruitment preferences, in partnership with Boston...
The outlook for the global economy took a positive turn in the first half of 2023 as inflationary pressures began to ease, but ongoing geopolitical tensions and domestic challenges in key markets are slowing any return to sustained growth, according to a forecast from KPMG.According to KPMG's Global...
As brands adopt generative AI (GenAI) to personalize interactions, a new challenge arises: AI hallucination. This occurs when AI-generated content deviates from facts and accurate information, leading to unintentional misinformation. Building a strong reputation, credibility, and customer trust requires brands to address the potential...
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...
As Vietnam shifts its focus from low-tech manufacturing to a service-oriented economy, more efforts are going into building its information technology (IT) industry. Vietnam continues to grow as a regional market for both domestic and global technology companies, reports Dezan Shira and Associates. One of...
Gabkotech Innovations, has announced that Keith Morton Security (KMS), a licensed security service provider in Singapore, has successfully implemented its iREP Security mobile application and monitoring system for digitalising and automating security processes and workflow. Keith Morton Security (KMS) is a security service providers...
In September 2020, the SBF-Experian SME Index for 4Q20 – 1Q21F registered an overall reading of 46.3, based on data collected between July and August 2020, the lowest reading since the inception of the SME Index (“the Index”) in 2009. This index, a joint...
The Singapore Business Federation (SBF) launched its Singapore Women Entrepreneurs Network (SG-WEN) at the SBF Center. SG-WEN aims to bring together women entrepreneurs in Singapore and connect them with other women entrepreneurs, business leaders and trade associations in the Asia-Pacific, in particular the ASEAN...
Founded in 2018, Social Gifting was established to empower differently-abled individuals and seniors through crafting, in hopes of helping them reintegrate back into society. Yet while the social enterprise provided much needed support for these individuals, its own survival as an organisation was tested during the onset...