Global small business platform Xero has revealed that a total of S$4.1 billion worth of invoices were paid late to small businesses in Singapore in 2018. Data from the platform also indicated that last year only 39% of payments to Singapore small businesses...
Backbase has released the APAC-focused IDC InfoBrief, "Accelerating Customer-Centric Transformation by Balancing Build and Buy - A Collaborative Approach Towards Sustainable Digital Banking Architecture." This in-depth report draws insights from 125 banks and 316 CIOs in APAC, offering a regional perspective on digital transformation....
The pandemic has helped many Taiwanese small businesses unlock hidden growth opportunities, while wreaking havoc on others. Half of Taiwan's small businesses grew in 2021, while 63 per cent expect to expand this year. Both results are the highest among the advanced economies included...
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have announced plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems.   The first phase of the PayNow-DuitNow linkage will be launched in the fourth quarter of 2022....
The Monetary Authority of Singapore (MAS), in partnership with the International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), have launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and Africa. Known as the...
As the national conversation on jobs and employability homes in on upskilling Singapore's workforce, 66% of Singaporean adults are learning online to reskill and boost their chances of securing a job in a new field. Students (90%), the unemployed (86%), and entry-level executives (69%)...
The Monetary Authority of Singapore (MAS), Singapore FinTech Association (SFA), AMTD Group and AMTD Foundation (collectively, AMTD) announced on 13 May the launch of a S$6 million MAS-SFA-AMTD FinTech Solidarity Grant (the Grant) to support Singapore-based FinTech firms amid the challenging business climate caused by the COVID-19...
Sage, a company offering cloud business management solutions, and Standard Chartered announced on 8 November a new partnership to provide small and medium-sized enterprises (SMEs) with access to tools, knowledge and funding that will simplify SME banking and support them in making more timely and insight-driven financial decisions at critical stages...
Acropower has signed an agreement with Chew’s Agriculture Pte Ltd (CAPL) to build, own and operate a waste-to-energy power plant that will convert poultry waste into energy. Acropower is an 80%-owned subsidiary of ACROMEC, a specialist engineering service provider in the field of controlled...
Johnson Controls  has announced findings from its 15th annual Energy Efficiency Indicator Survey, which revealed that 62 percent of organizations surveyed expect to increase investments in energy efficiency, renewable energy, or smart building technology in 2022, indicating a return to pre-pandemic levels. The latest...