Six Singapore-based fintechs - Grab, Funding Societies, InstaReM, KyberNetwork, Ten X and Singapore Life - make it to KPMG’s 2018 Fintech100 list for the first time. Grab, the popular ride-hailing platform that evolved to become an offline to online mobile platform targeting consumers; Funding Societies, an online financial inclusion platform that connects...
Research published by US-based app analytics firm App Annie has revealed that Singapore mobile users install, on average, 115 apps and use 46 of these - the highest among the countries. This points to a preference for “unbundled apps” rather than super apps being pushed by companies such as Grab and...
NielsenIQ has unveiled The State of Tech & Durables, a report on Tech & Durables (T&D) Industry identifying macro drivers for 2025 growth. The report highlights the developments that T&D manufacturers and retailers can focus on in 2025 to drive volume and value growth. These include innovations around products,...
ManageEngine has unveiled the findings of its comprehensive Digital Intensity in Australia Study, conducted by technology advisory firm, Ecosystm. As market competition increases, small to midsize enterprises (SMEs) in Australia are shifting to modern technology infrastructure to maintain their competitive edge. However, this surge in digital intensity poses visibility challenges for technology...
The government is amending rules to make it cheaper and easier for small and medium businesses (SMEs) to start bidding for government projects. Since June 2018, companies with yearly revenues below $5 million no longer have to produce audited financial statements to take part in government tenders. This makes the process of bidding...
Nearly four in five (78%) consumers in Singapore will be shopping for the holidays this year despite the pandemic, according to the 2020 Visa Back to Business Study, Holiday Edition. With more than half (56%) planning to shop at local retailers, small and medium-sized enterprises (SMEs) in Singapore need to...
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 also said...
United Overseas Bank Limited (UOB), Singapore Exchange Limited (SGX) and the China Chamber of International Commerce (CCOIC)have signed a Memorandum of Understanding (MOU) to help Chinese enterprises use Singapore as a launchpad to expand into ASEAN.  The tripartite alliance builds on UOB’s existing collaboration with CCOICto facilitate Chinese enterprises’ internationalisation...
Survey findings from Miro® show there is near unanimous agreement among organization leaders and information workers that innovation is urgent and critical to business success. But because of economic uncertainty, fear, and outdated business practices, few are able to capitalize on the opportunity innovation offers. Globally, nearly all leaders (98%) and...
New precinct-level digital initiatives and an SME Centre have been launched to help Chinatown businesses grow their business by attracting more visitors, with dedicated efforts to target the younger and digitally-savvy crowd. New Digital Initiatives COVID-19 has impacted Singapore’s tourism businesses and precincts, following a significant drop in visitors in 2020...