Despite being hit hard by COVID-19 in 2021, Indonesian small businesses still managed to outperform their Asia-Pacific counterparts in business growth, in part due to their high level of e-commerce adoption. They are likely to maintain this momentum in 2022, according to CPA Australia...
A new report from Economist Impact commissioned by Crypto.com, Digimentality 2022: Fear and favouring of digital currency, provides a gauge of changes in consumer sentiment toward digital currencies and the trend toward a cashless society.In 2020 and 2021, Economist Impact conducted surveys to measure the relative acceptance of...
DBS Bank (Hong Kong) Limited and GS1 Hong Kong have launched a digital post-shipment trade financing solution powered by alternative data. With this offering, small and medium-sized enterprises (SMEs) on GS1 Hong Kong’s ezTRADE platform can utilise their trade data to access financing in...
Investing as a retail investor is often inefficient due to the high fees involved, as well as frustrating and confusing due to the plethora of products in the market. Endowus was founded to address these gaps, relying on its ability to quickly communicate back and forth with...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS). As the Goods and Services Tax (GST) will be raised from 7% to 8% with effect from 1 Jan 2023, the Inland Revenue Authority of Singapore (IRAS) encourages all GST-registered businesses to...
With prolonged global trade disruptions accelerating the demand for digital services to strengthen supply chains, DBS has increased efforts on digitalising financing capabilities offered through trade platforms, potentially benefiting more than 15,000 SMEs across Asia by end 2022.According to the DBS Digital Readiness Survey, 97% of businesses...
Green Link Digital Bank (GLDB) commences banking business, seeking  to serve Micro-Small-Medium-Enterprises (MSMEs) with banking and financial services through their supply chain financing and technological solutions.  GLDB seeks to leverage their experience in supply chain financing and technological solutions to provide accessible commercial banking,...
In the pre-pandemic era, the goal of optimising the supply chain has led to the creation of the just-in-time model. Through lean inventories and just-in-time delivery, the model was lauded for its potential to reduce costs and wastage while increasing operational efficiency. However, the...
YouTrip has launched its new business product, YouBiz, a corporate card powered by Mastercard® that promises cashback and savings with zero foreign exchange fees. Integrated with the card is also a unified control centre bringing together multi-currency accounts, local and domestic transfers, corporate expense...
UOB The FinLab has unveiled The Greentech Accelerator, a new, global programme aimed at supporting innovative greentech solution providers regionally and globally to drive their company’s sustainable mission forward. As part of the first cohort, the programme will focus on greentech solutions including energy efficiency; zero-waste supply chain;...