Sustainability is becoming increasingly important in the corporate world, as businesses seek to integrate sustainable practices into their core business models. However, more than half (56%) of employers do not have well-defined sustainability goals or strategies for their business, and only 14% are in...
While businesses are optimistic in 2022, consumers are more cautious, revealing headwinds may be on the way for the second half of the year. This is according to the third Shop Small Research for Singapore conducted by American Express with 304 local business leaders in May...
As countries across ASEAN reopen their borders and reinstate quarantine-free travel, business optimism among small and medium-sized enterprises (SMEs) is steadily growing. A survey of 1,500 ASEAN SMEs conducted by UOB, Accenture and Dun & Bradstreet found that 55 per cent of them are...
Like all businesses hit by the pandemic, small and medium enterprises (SMEs) in Southeast Asia have had to adapt to survive the unexpected disruption. From retailers to food outlets, many moved to online channels, while others looked to digital technologies to better optimize operations and keep their...
Chasing down unpaid B2B trade debt has become a major headache for Asian companies trading on domestic and export markets. They are facing sharply increased costs to manage customer credit risk in-house and thus protect cash flow from disruption caused by the current challenging economic and trading environment.The...
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...