The office rental premium between Hong Kong and Singapore has narrowed markedly between 2015 and 2020, according to Cushman & Wakefield. "When we compared the office rental premiums between the two cities in 2015 and looked at which city had a more competitive edge as...
Standard Chartered (the Group) announced its launch of a USD50 million global fund providing assistance to those affected by the COVID-19 pandemic. The Group will immediately donate $25 million to support emergency relief in our most affected markets. The additional $25 million will help communities over...
PIVOT Fintech Pte Ltd, a digital wealth management technology services venture has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). PIVOT’s CMS license, which comes after the recently published MAS Guidelines on the Provision of Digital Advisory...
OCBC Bank has offered targeted support measures to assist customers across its core markets that are affected by the COVID-19 outbreak. These include Singapore, Malaysia, China, Hong Kong and Macau. The tailored measures have been put in place to ensure that they are able to manage their...
A study on B2B cross-border payments by Rapyd has revealed that nearly 1 in 2 businesses in Singapore expressed a strong need for innovative fintech solutions to tackle business concerns. Despite the accelerated adoption of digital payments across businesses and consumers in recent years, there is a...
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...
Even as Singapore pushes to become cheque-free by 2025, cash cheques continue to be used by small and medium-sized enterprises (SMEs), typically to pay staff salaries, get cash for daily business operations or pay vendors for services rendered. While cheque usage by OCBC...
Singapore’s Central Bank, the Monetary Authority of Singapore (MAS), has warned members of the public not to be misled by fraudulent websites that solicit investments in cryptocurrencies using fabricated information attributed to the Singapore Government. These websites falsely claim that Singapore is adopting a...
DBS Hong Kong's new survey with the city's small and medium enterprises (SMEs) reveals 93% of the community believes digitalisation is important to business growth; however, 57% of those surveyed see funding as their biggest challenge when trying to digitalise their businesses. The survey provides insights into...
Xero, the global small business platform, has teamed up with the Association of Chartered Certified Accountants (ACCA) Singapore to support their mission to empower accountants. Through this partnership, accountants will learn how to leverage technology to grow their practices and that of their small business clients through...