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Bank DBS Indonesia’s research team recently conducted a survey involving more than 500 respondents in Java, including Jakarta and several small regions outside Java, entitled “Indonesia Consumption Basket”. The survey found that the number of e-commerce customers in Indonesia rose to 66% after the COVID-19 pandemic...
As the business climate begins to show signs of recovery moving into 2021, experts share their insights on where companies can focus their attention in order to leverage the momentum of the new year. Digitalisation The COVID-19 crisis has highlighted the...
The “DBS Digital Treasurer 2020” survey has revealed that businesses in Indonesia ranked third in terms of digitalisation capability among Southeast Asian countries and ranked seventh across the Asia-Pacific.Polling around 1,700 corporate treasurers, CEOs, CFOs, and business owners across the Asia-Pacific (APAC), the survey showed that in...
OCBC Bank has seen a surge in the use of PayNow by its small and medium enterprise (SME) customers, among whom seven of every 10 have registered for the funds transfer service. The volume of PayNow transactions by the bank’s SME customers in the first 10 months...
JustCo, a co-working company, has launched its Digital Future of Work Platform at an event officiated by Singapore's Minister for Trade and Industry Mr. Chan Chun Sing. JustCo's new platform uses digital technology to enable users to decide where and how to work, depending on each individual's...
Trend Micro Incorporated has released survey results confirming that the pandemic has accelerated digital transformation for 88% of global organizations. However, this increase in cloud adoption may leave business data insecure. Trend Micro commissioned Sapio Research to interview 2565 decision makers in 28 countries, across...
The pandemic has made online florist sales boom in 2020, even as the social distancing measures in place have caused overall sales in physical stores to drastically plummet. "Shortly after the pandemic came in full force, we projected that our sales would slump to...
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...
COVID-19 has seen consumers across the world ditch cash and in-person shopping in favour of online spending, according a Standard Chartered global survey. Almost two-thirds of survey respondents (64 per cent) agree that COVID-19 has made them more positive about online shopping, but they are also more...
Trend Micro Incorporated released research earlier this year that states organizations' on-premise and cloud-based servers are compromised, abused and rented out as part of a sophisticated criminal monetization lifecycle. The findings come from the second of a three-part report series looking at how the underground...