Plug and Play has announced plans to launch a new office in Kuala Lumpur, Malaysia to support the Future Malaysia Programme by sovereign wealth fund Khazanah Nasional Berhad. Its primary responsibility will be to accelerate the growth of the innovation ecosystem in the country...
Google Singapore has announced several new initiatives to support more small and medium enterprises (SMEs) in their digital transformation. These include its Google Career Certificates (GCC) scholarship programme for SMEs, supported by Enterprise Singapore (EnterpriseSG) and SGTech. For a start, both organisations will help to award 15,000...
Salesforce has released data from its surveyof 1,001 workers in Singapore, which shows a gap in AI skills, despite a growing recognition of its importance. Only 15% of Singapore respondents say they possess AI skills – even though 57% identified AI as among today’s...
The outlook for the global economy took a positive turn in the first half of 2023 as inflationary pressures began to ease, but ongoing geopolitical tensions and domestic challenges in key markets are slowing any return to sustained growth, according to a forecast from KPMG.According to KPMG's Global...
DHL and New York University's Stern School of Business have released the new DHL Global Connectedness Index 2022, an in-depth report on the state of globalization and its prospects. Analyzing data from 171 countries and territories, it reveals how flows of trade, people, capital,...
Forming the backbone of the nation’s economy, Small and Medium-sized Enterprises (SMEs) are essential for Singapore and account for almost half (44%) of Singapore’s Nominal Gross Domestic Product (GDP), indicating the critical role they play in the country’s economic development. With over 288,000 SMEs in Singapore, SMEs...
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) has launched a cross-border QR code payment linkage between Singapore and Malaysia. This payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes.
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...
GBG has released its Asia Financial Institution Study, "Combatting Escalating Fraud in a Digital World". According to the TABInsights study commissioned by GBG, Asia's top financial institutions (FIs) continue to be challenged by the expanding threat landscape in the past few years as well as the tightening of...
It is both stability and change in the Allianz Risk Barometer 2023. Cyber Incidents and Business Interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses). The Allianz Risk Barometer is an annual business risk ranking compiled by Allianz Group's corporate insurer...