Research commissioned by HSBC Commercial Banking shows that international businesses from nine major economies are increasingly optimistic about their growth prospects in Southeast Asia. They expect sales in the region to grow by 23.2% over the next 12 months – versus 20.1% from last year's...
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...
Facebook has announced its allocation of about S$4.75 million to support more than 800 small businesses in Singapore through a new grant programme. In a media statement, Facebook said that each eligible business could receive a grant amounting to S$5,500 comprising S$3,500 in cash...
Against the global backdrop of rising market and geopolitical volatility, companies in Singapore are taking concrete actions to make the best of potential uncertainties despite mixed sentiments, as reflected in a recent survey conducted by TMF Group, a leading provider of international business administration support services.
"Microsoft has announced its “Bersama Malaysia” (Together with Malaysia) initiative". As part of the plan, Microsoft will establish its first datacenter region in the country to deliver cloud services locally, with the ability to store data in-country. Microsoft also announced plans to skill an...
The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) have launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems. The linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment...
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...
Singapore’s Ministry of Trade and Industry (MTI) has downgraded the Singapore’s GDP growth for 2019 at 1.5 to 2.5 per cent. In the last Economic Survey of Singapore published in February, MTI highlighted that growth in most of the key advanced and regional economies...
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,...
Aon plc has released a global survey, 'Reprioritizing Risk and Resilience For a Post-COVID-19 Future' in 1Q 2021. The survey results revealed that reprioritising risk and exploring new risk management strategies are now the top priorities for businesses. The report identified differences in how businesses have...