Family businesses tend to lean towards a long-term view rooted in shared values, vision and culture, which can help them maintain family control over years. However, family ownership, by itself, doesn’t guarantee a business’s longevity. This is according to Deloitte’s new survey, Global family business survey 2019: Long-term...
In August 2019, Google and UOB launched SME Leadership Academy, a new training program for business leaders. This program is supported by Digital Industry Singapore (DISG) and SkillsFuture Singapore (SSG), and aims to help small- and medium-sized enterprises (SMEs) accelerate their digital transformation and compete more effectively in...
The Data Protection Excellence (DPEX) Centre, the autonomous research and education arm of Straits Interactive, announced in September that the number of organisations breaching Singapore’s Personal Data Protection Act (PDPA) has reached record levels and have already surpassed the total number of enforcement cases in 2018.
A study conducted by Microsoft Asia and IDC Asia/Pacific released findings which found that that organizations with AI expect to see 41% improvement in competitiveness in three years.
The study also found that more than half (52%) of organisations within the region’s Financial Services...
HSBC announced in October 2019
its successful execution of the first live pilot blockchain Letter-of-Credit
(LC) transaction in Malaysia.
The transaction involved the
import of resin by Malaysia’s Simply Packaging Sdn Bhd (Simply Packaging) from
a Singaporean company, both active players in the packaging and chemicals
industry respectively....
Criteo, an
international commerce marketing company, released on 5 November seasonal
data which showed that Singles’ Day is still Singapore’s biggest shopping
festival. Originating
in China during the 1990s as celebration for single people, it has grown
into a mainstream event and one of the most popular shopping days.
Venture investments in Singapore are reported to grow despite a
slowing economy. Overall, a total amount of S$13.4 billion (+36%) was
invested in startups across 437 deals from January to September 2019.
Emerging interest in Deep tech startups
Notably, Enterprise Singapore saw investments...
This year’s Asia Pacific Internet Policy Insights survey reveals that nearly all
consumers (96%) in APAC depend in some way on "Big Tech" companies
for their products and services for their online activities, but are uneasy
with this dependence.
The findings of the survey indicate that users
and...
Overcoming
challenges is a crucial part of any C-suite role but these challenges can often
seem like shifting goalposts at times of economic uncertainty, and
technological and cultural change.
Looking
to the year ahead, new independent research by established recruitment consultancy Robert Half shows
that Singaporean business leaders will...
COVID-19 containment measures around the world have impacted both national and international supply chains and trade. Responses to the 2020 Atradius Payment Practices Barometer (PPB) survey in Asia suggest the resulting delays in payments are largely being financed by suppliers as the use of trade credit and, along with...
