Almost half of local SMEs are optimistic about their growth prospects for 2023 (49%), while over 60% cited first-time overseas expansion and exploring additional new markets as key business priorities, compared to 75% who ranked these as lowest priority last year. The business owners continued to place high priority on...
Adrian Ho was inspired to trade in luxury watches due to his 18 year passion for collecting vintage timepieces. Like many other retailers, his efforts are helped by global ecommerce platforms that create export opportunities for micro, small and medium Enterprises (MSMEs): eBay, in his case. SMEhorizon speaks with Ho...
In the first instalment of our two-part feature, SMEhorizon spoke with Ray Poh, Founder and Managing Director of Artisan Green, on his company’s partnership with Siemens, and how technology has enabled them to meet both productivity and sustainability goals. Isabel Chong, Head of Digital Industries for ASEAN at Siemens...
Economic pressures and persistent inflation have unseated the war for talent as the top near-term risk facing business leaders around the world, according to a new survey from Protiviti and NC State University's ERM Initiative. The survey measures the most pressing business risks over the next year as well as the next...
Forrester's Asia Pacific Tech Market Forecast, 2023 To 2027 reveals that technology spending in Asia Pacific (APAC) will remain robust and grow by a Compounded Annual Growth Rate (CAGR) of 6.4% to 7.4% per year from 2024 to 2027, reaching US $876 billion in 2027. Over the next few years, software spending will continue its rapid growth,...
Aon plc , a global professional services firm providing a broad range of risk, retirement and health solutions, announced in January 2020 that it has completed the firm's acquisition of CoverWallet, a digital insurance platform for small and medium-sized businesses. Plans for the acquisition were announced in November 2019. This move follows an...
As measures implemented in cities worldwide to curb the spread of COVID-19 restrict the movement of consumers, delivery services for both food, groceries and other essential items become more appealing, and even vital. Japan is no exception: according to Statista, the online food delivery segment in Japan is expected to...
The COVID-19 pandemic and the resulting economic downturn has had a significant impact across the Asia Pacific, and Malaysia was not spared. With that said, optimism is already starting to show, with about 33% of companies in Malaysia looking to increase their headcount and 40% maintaining status quo in...
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 the national Enterprise Leadership for Transformation...
Most logistics industry executives see moderate-to-strong economic growth and little or no chance of recession in 2022, even without immediate relief from the snarled supply chains and sky-high ocean and air freight rates triggered by the COVID-19 pandemic.  Roughly two-thirds of the 756 industry professionals surveyed for the 2022 Agility Emerging...