As we enter 2021 with no clear signs of the global pandemic abating, many of us are also preparing to work remotely for the long-term. To be sure, while we may be able to transform our personal spaces into makeshift offices overnight, not everyone...
In the pre-pandemic era, the goal of optimising the supply chain has led to the creation of the just-in-time model. Through lean inventories and just-in-time delivery, the model was lauded for its potential to reduce costs and wastage while increasing operational efficiency. However, the...
Talk of a global recession has been hogging headlines and conversations. In Singapore, the latest data from the Ministry of Trade and Industry showed the local economy shrinking 0.4% from the previous quarter, triggering comments from analysts that a potential technical recession is on the way. 
It’s no secret that 2020 has been a challenging year for businesses, particularly SMEs. In response, the Singapore Government has introduced several forward thinking initiatives to support local businesses and help them become more resilient and competitive. Two such initiatives are the S$200 E-invoicing...
The pandemic has accelerated existing trends such as in remote work, e-commerce, and automation. COVID-19 has continued to disrupt labour markets globally since 2020. The short-term consequences were sudden and often severe: millions of people were furloughed or lost jobs, and others rapidly adjusted to working from...
In this current economy, ASEAN’s small and medium-sized enterprises (SMEs) remain upbeat about their economic prospects. Many businesses are excited about the ongoing tech revolution, with plans to double down on technology investments to increase efficiency, enhance the customer experience and future-proof their operations.
Employees have found new, collaborative ways to tackle projects, and along the way, forged even closer connections. Teams have come up with exciting new ideas in virtual meetings, live-chatted through successful product sprints and many even attended virtual bonding sessions together. The physical “water cooler” may be...
The F&B industry is undoubtedly one of the hardest hit industries by COVID-19, resulting in  a more challenging operating environment for many restaurants and eateries. Revenues have significantly dipped and recovery is slow with each phase of Singapore’s COVID-19 journey. Operational factors like steep fixed overhead costs...
As we continue to navigate the uncertain landscape left behind by the global pandemic and confront the rapid advancements in technology that are redefining the world around us, it is natural for employees across various industries to be experiencing a heightened sense of anxiety about the future...
Without doubt, the COVID-19 pandemic is by far the most profound disruption to work life on record. As remote working has evolved from a nice-to-have, to a fundamental requirement, the Singaporean workforce is experiencing massive changes to the way they work, with most working within the four...