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The United Nations Development Programme (UNDP) Global Centre for Technology, Innovation and Sustainable Development and the Monetary Authority of Singapore (MAS) have signed a partnership agreement to help small and medium-sized enterprises (SMEs) leverage technology to better access global value chains. The partnership will...
The pandemic and pandemic-related restrictions have further accelerated online sales growth, with Asia Pacific leading the charge. In 2020, e-commerce comprised half of the retail sales in Asia Pacific, and is expected to grow by 10 percent to 61 percent in 2025. This growth can...
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...
The Monetary Authority of Singapore (MAS) and the Bank of Ghana (BOG) have commenced discussions to adopt the Business sans Borders (BSB) open hub of platforms between Singapore and Ghana. These discussions on close cooperation will benefit the small and medium-sized enterprises (SMEs) and...
A survey conducted by Maybank involving its SME customers has revealed that 67% of the respondents have successfully leveraged digital technology into their sales platform during the Movement Control Order (MCO) 3.0. The survey respondents made up 84% of Maybank’s borrowing SME customers and are from sectors...
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...
The Economist Events hosted its inaugural Technology for Change Week Asia virtually on March 8th-12th 2021. The event brought together more than 70 cross-industry expert speakers and 1,800 delegates from both private and public sectors to discuss how technology and data-driven solutions can ensure that no adult or...
Singapore and the United Kingdom (UK) have substantially concluded negotiations on the UK-Singapore Digital Economy Agreement (UKSDEA), according to MTI. The UKSDEA will be Singapore’s third DEA, following the Digital Economy Partnership Agreement with Chile and New Zealand, and the Singapore-Australia DEA. The agreement...
In the Allianz Risk Barometer 2020,their 9th annual survey on top business risks, Allianz Global Corporate & Specialty (AGCS), a global corporate insurance carrier and a key business unit of Allianz Group, attracted a record participation of  2718 experts from over 100 countries, including CEOs, risk managers,...
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...