The annual value of business-to-consumer (B2C)  e-commerce exports in Singapore is estimated at S$1.4 billion in 2021 and could reach S$3.5 billion in 2026 if micro, small, and medium-sized enterprises (MSMEs) accelerate their pace of using e-commerce to sell overseas. Currently, MSMEs are estimated...
Equinix, Inc. has found there has been a significant year-on-year leap in companies planning to move business-critical applications to the cloud, despite cybersecurity concerns. The need to remain competitive and cater to increased user demands has prompted Singaporean companies saying they are deploying hybrid...
DBS and Nanyang Technological University, Singapore (NTU Singapore) are collaborating on initiatives to help Singapore’s small and medium-sized enterprises (SMEs) scale their businesses overseas in the new normal and seize emerging opportunities in the APAC region. Under the agreement, NTU and DBS will offer...
Shiok Meats is a cell-based meat and seafood company that aims to bring delicious, sustainable, and healthy seafood to their consumers’ table, using their technology to grow meat from healthy cells instead of animals. Currently, they produce crustaceans like shrimps, crabs, lobsters and are the first in...
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...
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...
Amazon has launched the Intellectual Property Accelerator (IP Accelerator) in Singapore, facilitating small and medium-sized businesses (SMBs) to obtain trademarks, protect their brands and tackle infringing goods both in Amazon's stores and the broader marketplace. IP Accelerator directly connects Singapore SMB owners with a network of...
Almost 30,000 retail shops were onboarded on foodpanda shops in the past year, with SMEs making up almost half of shops that had gone digital. This marks the first step in helping SME businesses build a strong digital core, to become more risk-resilient and cater to their customers' new...
WorldFirst and Alibaba.com have entered a partnership to help Singapore’s small and medium-sized enterprises (SMEs) bolster their digital presence and expand their sales internationally, overcoming the constraints brought by the COVID-19 pandemic.  WorldFirst will become Alibaba.com’s official channel partner in Singapore, helping local sellers...
With the advancement of technology, Malaysia is increasingly becoming a digital economy. Malaysia is a developing Asian economy that aspires to expand in a technology-driven and high-tech production-based pattern. A press release by Signitory, an e-signature provider who leverages blockchain, noted that with in-person...