Small and Medium Businesses (SMBs) play an important role in the economy: according to the Asian Development Bank, SMBs account for an average 97 percent of all enterprises in the Asia Pacific region, meaning that they deserve top priority for protection against cyberattack. However,...
A building is not just designed to withstand a one-off calamity but to be resilient for years to come. Using the same analogy, when you’re running a business, it’s not just about overcoming one disruption but having your business stand the test of time in the face...
The evolving digital business landscape in the Asia Pacific region is seeing a trend of operations moving into the cloud. Firms are collecting massive quantities of data that requires analysis, protection, and storage. This data brings significant business opportunities along with it. SMEs, in...
The state of COVID recovery across APAC differs substantially from market to market. While the governments of countries like Singapore and Taiwan are able to allow workers to return to the office, pending prevailing employer guidance, other countries returning to the office may be slightly further away.
The Singapore economy has entered a new phase of growth. Despite ongoing COVID-19 limitations and supply chain disruptions, Singapore's GDP expanded by 7.6 per cent in 2021, a strong rebound from the 4.1 percent contraction in 2020.  A similar trend of growth and recovery...
Many of us expected 2023 to mark the comeback of the global economy following the pandemic. However, inflationary pressures from rising interest rates and geopolitical turbulence continue to weigh in. Amidst the ongoing uncertainty, business owners in Southeast Asia can find solace in the e-commerce sector, which...
For close to a decade, innovation in digital payments has helped close the gaps and address the challenges faced by both consumers and small and medium-sized enterprises (SMEs). Spearheaded by Fintechs globally, the creation of effective, low-cost, customer-centric solutions, has made financial services more accessible and helped...
E-commerce is here to stay, as shopping from home becomes the new normal in the COVID-19 pandemic. According to the Global Ecommerce Update 2021 by eMarketer, Retail e-commerce sales grew by 27.6% in 2020 globally, with sellers going global with their brands on platforms like eBay. But...
Over the last few years, we have seen seismic shifts in consumer behaviours and expectations in the wake of the pandemic and its related lockdowns. As COVID becomes endemic, we see life resuming with some sense of normality and a renewed interest by people to do more...
Back in 2019, a survey found that 49% of Singaporeans considered shopping a hobby. Five years down the line, many can still attest to the joy of shopping – online or at a mall. It goes without saying that retail is a key pillar of the Singapore...