The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) has launched a cross-border QR code payment linkage between Singapore and Malaysia. This payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes.
Small and medium-sized businesses (SMBs) in Singapore have had to pivot from their traditional brick-and-mortar operations and move online in the face of COVID-19 disruptions. Aided by global payment systems, some have managed to thrive and expand their reach overseas.
25% of online SMBs...
The F&B industry was hit especially hard by the emergence of COVID-19, with the down turning economy, lockdown measures and dine-in restrictions leading to the sector reporting a year-on-year loss of almost 30 percent at the end of Q3. Recently, however, the F&B sector has seen an...
Almost 30,000 retail shops were onboarded on foodpanda shops in the past year, with SMEs making up almost half of shops that had gone digital. This marks the first step in helping SME businesses build a strong digital core, to become more risk-resilient and cater to their customers' new...
A region wide consumer survey by Lazada in collaboration with Milieu Insight has established that a large number of shoppers (73%) now consider shopping online to be integral to everyday life, with 67% of them identifying eCommerce Mega Campaigns as a key factor in shaping their consumer...
Shopee Malaysia launched its three-part 2023 Consumer Trends series called 'Adapting to Malaysia's Digital Consumers in 2023'. The first part of the series that focuses on sellers found that 63% of Malaysian Sellers feel excited and positive about e-commerce opportunities in 2023.
In particular, sellers...
Established 20 years ago, ZENXIN Organic runs an extensive organic network across Southeast Asia, from organic processing facilities to organic farms and growers. Through its stores and partnered supermarkets, ZENXIN sells domestic and imported organic food in Singapore and Malaysia, and even further in the region, including...
In 2020, with uncertain times taking the world by a storm, many businesses have fallen victim to the pandemic and its devastating impact.
During Singapore's circuit breaker, individuals and businesses alike, were constrained from many day-to-day activities in an attempt to curb the virus;...
Consumers in Singapore visit more than five (5.4) online retailers on average before deciding where to buy, according to a new 'Singapore Retail Trends' report commissioned by Amazon.
The report also found that over two-thirds (68.3%) of Singaporean shoppers look both online and in-store...
