eFreshMe started during the pandemic with a diverse product range that addressed the pressing issues of the time, as well as personal care items. As the pandemic subsided, the company adroitly recognised the shifts in consumer demand, and strategically focused their offering on beauty and skincare.
DBS announced on 13 February that it will introduce a range of liquidity relief measures and other initiatives to help businesses, retail customers and communities impacted by the COVID-19 situation.
Liquidity relief
package for SMEs
In early February, DBS
conducted a dipstick
poll of about...
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...
As Singapore re-opened her economy, government measures have shifted from containment to restructuring, while continuing support for Singaporeans, workers, and businesses. Broad-based support has transitioned into more targeted efforts for firms, especially those in the hardest-hit sectors. At the same time, measures were introduced to preserve core...
Jenji, a fintech scale-up company that has built an AI-based platform that automates expense management, has announced the results of its 2021 Asia Pacific (APAC) Expense Management Practices Survey.
The survey reveals that the adoption level of digitalisation and automation in expense management among companies...
The Infocomm Media Development Authority (IMDA) partnered industry players and successfully executed a live shipment from Singapore to Thailand during Q1 2023.
This fully paperless, live cross-border trade involved the use of an ETR, that is functionally equivalent to a paper Bill of Lading...
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) today launched the cross-border quick response (QR) payment linkage between Indonesia and Singapore. This linkage enables customers of participating financial institutions1 to make seamless cross-border retail payments using their existing mobile banking applications to scan QRIS (Quick...
The Singapore Environment Council (SEC) announced on 19 March 2020 that Small and Medium Enterprises (SME) holding its internationally recognized certification, the Singapore Green Labelling Scheme (SGLS), and Eco Certifications can now apply for financing with HSBC SME Green Loan (Green Loan).
The...
Over 75 per cent of Malaysian businesses have embraced at least one FinTech product or service over the past 12 months, according to findings from a new regional survey of business FinTech usage by global professional accounting organisation CPA Australia.
Mobile payments and digital wallets...
In 2020, the Economist Intelligence Unit conducted a survey to measure the relative acceptance of digital currencies and other digital payment methods, finding that a cashless trend was strong with consumers globally.
In February and March of 2021, a new survey set out to...
