Many of us expected 2023 to mark the comeback of the global economy following the pandemic. However, inflationary pressures from rising interest rates and geopolitical turbulence continue to weigh in. Amidst the ongoing uncertainty, business owners in Southeast Asia can find solace in the e-commerce sector, which...
Kaspersky’s latest statistics for Singapore revealed that small and medium businesses (SMBs) continue to be the target for cyber criminals in the city state.Between the period of 1H 2023, SMB employees here encountered malware or unwanted software disguised as business applications with approximately 50 unique files being...
UOB’s flagship ASEAN Consumer Sentiment Study (ACSS) 2023 has found that rising inflation and increased expenses fuelled fears of an economic downturn in ASEAN, while adoption and usage of digital banking and payment channels saw ebullient growth. Over 70 per cent of respondents of...
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...
Universum's Employer Branding NOW 2023 study, conducted during the first quarter of this year, shows students and working professionals are confident about the hiring market – this despite slowdowns in certain industries and regions. "Notwithstanding a flurry of news about layoffs and economic contraction,...
Quincus has shared supply chain and logistics trends to watch out for in Asia Pacific (APAC) for Q4 2023, looking into 2024. Comprising insights from logistics and supply chain experts with decades of experience, Quincus looks to help businesses future-proof operations from supply chain disruptions by providing...
Businesses are more interconnected than ever. In today’s global economy, international payments have taken on new significance in enabling cross-border trade and investment. Despite this, businesses continue to be plagued by expensive fees and unpredictable timings when carrying out cross-border transactions – these inefficiencies stem from an...
Data from Generation reveals that organizations must radically rethink hiring practices for entry-level tech talent – and lays out first steps to take. A number of companies have already broken the mold and removed degree or work requirements over the past three years, and...
ASEAN is one of the most vulnerable regions to climate change, with the Philippines among those that have suffered the greatest fatalities and economic losses because of climate-related disasters. Despite that, research has shown that the mitigation efforts by ASEAN countries have been insufficient to combat climate change....
ISC2 – a nonprofit association of certified cybersecurity professionals, and the Royal United Services Institute (RUSI), the world's oldest independent think tank on international defense and security, has released a new research report titled "Global Approaches to Cyber Policy, Legislation and Regulation." Findings from the report underscore...