Singapore businesses have a cautious economic outlook, as new data from Airwallex reveals that 7 in 10 small and medium-sized enterprises (SMEs) here are bracing for a potential recession within the next two years. The independent research considered the challenges SMEs in Singapore would face...
MSD has released an analysis that suggests up to 96% of the total ongoing economic cost of COVID-19 in markets in Asia Pacific is due to indirect costs, rather than direct healthcare costs.The report, titled A Neglected Burden: The Ongoing Economic Costs of COVID-19 in Australia, Taiwan, South Korea,...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS). Whether you are going through the GST rate change for the first time as a newly GST-registered business or are looking for a refresher to transit smoothly ahead of the second GST...
Singapore moved up two notches in the 2023 Global Innovation Index (GII) to 5th in the world and regained its top spot in Asia after coming behind South Korea in the last two years. The GII is published by the World Intellectual Property Organization...
Sophos has released its Active Adversary Report for Security Practitioners, which found that telemetry logs were missing in nearly 42% of the attack cases studied. In 82% of these cases, cybercriminals disabled or wiped out the telemetry to hide their tracks. The report covers Incident Response (IR)...
The Aon plc 2023 Salary Increase and Turnover Report for Southeast Asia revealed that salaries in southeast Asia are expected to increase in 2024.While salaries in Singapore and Malaysia are expected to stay flat at 4.0 percent and 5.0 percent respectively, the survey found the median salary is...
While 54 percent of global consumers expect to increase their cross-border purchasing over the next six to twelve months, they need flexibility and transparency in the digital payment experience to make that happen. In a report released by Airwallex and Edgar, Dunn & Company, 77 percent of consumers...
At Singapore Fintech Festival 2019, held at The EXPO from 11-15 November 2019, a number of international experts of diverse background and experience shared their views on the Blockchain technology. One speaker was Mr Victor Vu, Head of Research and Development of CSE Technology, a Singaporean company...
Maybank announced the launch of its instant online account opening for SMEs on 20 February. With this, SMEs in Malaysia can now access instant account opening via Maybank’s online banking platform, Maybank2u. This allows business owners to open a conventional or an Islamic business...
On 15 April 2020, the first tranche of payouts under the Jobs Support Scheme (JSS) began to be disbursed to over 140,000 employers. Totalling over $7 billion, the payouts will help to cover the wages of over 1.9 million local employees in Singapore.