DHL and New York University's Stern School of Business have released the new DHL Global Connectedness Index 2022, an in-depth report on the state of globalization and its prospects. Analyzing data from 171 countries and territories, it reveals how flows of trade, people, capital, and information move around the world.The...
Atradius has released its 2023 Regional Economic Outlook report, setting out growth forecasts for key economies in Asia, including the outlook for a newly reopened China, and offering a long-term view on the risks of geo-economic fragmentation resulting from ongoing supply chain reconfigurations and geopolitical tensions.Overall Asia macro-economic outlook: Asian economies are on course for...
The DBS SME Pulse Check Survey, conducted ahead of the coming 2023/24 Hong Kong Budget announcement, found that 58% of Hong Kong’s SMEs would like to receive more funding and financial support from the government, amid growing concerns about the state of the global economy.According to the survey, 76%...
Asia can defy a global economic slowdown in 2023 through an acceleration in digital transformation, greater regional coordination, and balanced monetary policies, according to new research from the London-based think tank, Asia House.  The Asia House Annual Outlook 2023 examines how Asia's economies can prevail and deliver robust growth through increased domestic demand for...
An inaugural survey of 800+ SMEs across six markets in Asia conducted by DBS and Bloomberg Media Studios in August found that SMEs recognise the value of transitioning to more sustainable business models. SMEs in India led their regional counterparts in Asia, with more than nine in ten rating ESG as...
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 SME Financial Empowerment (SFE), this programme...
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 in a regional survey conducted by...
With the reopening of borders between Indonesia and Singapore earlier this year, Singapore businesses are resuming travel to Indonesia to seek growth opportunities.In line with this, the Singapore Enterprise Centre (SEC) @ Jakarta, part of the GlobalConnect@SBF programme, recently held its first business networking event - a fireside chat...
Small to medium-sized enterprises (SMEs) in Hong Kong have made significant progress in digitalising their businesses and will continue to invest in digital technologies, according to a recent survey conducted by QBE Hong Kong. The drive for digitalisation has continued among Hong Kong SMEs, QBE's annual SME survey reveals. More than half...
Two years after the onset of the pandemic, the global economy continues to recover, but still faces significant challenges. After the lull in the 3rd quarter of 2021, Omicron has highlighted the unpredictability of the pandemic and exacerbated one of the main factors affecting the recovery: disruptions in supply...