Remittance flows in Asia Pacific have softened in the past year amid persistent inflationary pressures and tightening labour markets in the high-income host economies of overseas foreign and migrant workers.
Yet, high growth emerging markets in Asia Pacific, such as mainland China, India and the Philippines remain a bright spot for continued remittance activity, driven by the pursuit...
Research from IDC, The Global Impact of Artificial Intelligence on the Economy and Jobs, predicts that business spending to adopt artificial intelligence (AI), to use AI in existing business operations, and to deliver better products/services to business and consumer customers will have a cumulative global economic impact of $19.9 trillion...
According to Forrester's 2025 Budget Planning Guides, leaders intend to spend more in 2025 after a year of restrained budget expectations. Despite high interest rates, tight labor markets, and the uncertainty of US elections, 91% of global tech decision-makers and 87% of global marketing decision-makers are planning for budget increases in...
Linkflow Capital's annual SME financing research shows a significant tightening of credit conditions for Singapore SMEs in 2023, with average loan quantum dropping 42% to $130,000 from $224,000 in 2021.The study, based on data from 2,466 unique users of Linkflow Capital's SME loan comparison portal, reveals that average business...
Founded in 2017, HappyEasyGo began with a mission to revolutionise the travel booking experience in India. Today, they have grown to become one of the country’s leading online travel agencies, and have expanded their offerings to include flights, hotels, and holiday packages.
Far from resting on their laurels, the company...
Visa released the results of its Money Travels: 2024 Digital Remittances Adoption Report, with 86 per cent of Singapore residents sending or receiving money at least once a year, and digital apps is their preferred remittance method.
The Money Travels: 2024 Digital Remittances Adoption Report examines how consumers send money abroad, diving...
New research by Xero reveals that Singapore’s younger generations of consumers are leading the shift to digital payments while more than half of small businesses in the country do not currently provide cash payment options.
Xero’s new report I want to pay that way, delved into changing payment habits among...
Aon plc has announced the results of its 2023 Global Risk Management Survey, which gathered input from nearly 3,000 risk managers, C-suite leaders, treasurers, talent professionals and other executives from 61 countries and territories to identify their most pressing business challenges.The 2023 edition of Aon's biennial survey found the top three...
In May 2024, Payoneer hosted the regional Payoneer VIP Connect Manila event. This brought together experts and influencers to share insights and action-oriented strategies for SMBs to overcome obstacles and seize global growth opportunities.
Attendees– founders, C-suite executives, and industry experts – were drawn from SMBs across different industries and...
The use of cash in Singapore is forecast to decline by more than half by 2027 according to findings in the 2024 Global Payments Report from Worldpay.
Data in the report suggests cash use will drop from 15% (S$23 billion) of point-of-sale transaction value in 2023 to 7% (S$11.4 billion)...
