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...
Businesses across Australia are feeling the pinch following a full year of the COVID-19 pandemic, according to a report by credit insurance firm, Atradius.
The Payment Practices Barometer survey of both large and small businesses looked at B2B customer payment behaviour over the past year. The...
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...
MODIFI today announced US$24m in Series B, which brings its valuation to more than US$120m. The funds will be used to grow MODIFI's digital trade finance platform for SMEs into a global trade management hub.
MODIFI’s digital trade finance platform for SMEs spans the three...
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.
Singaporean lithium-ion battery manufacturer, Durapower Holdings Pte Ltd has announced that its subsidiary Suzhou Durapower Technology Co Ltd has just broken ground for its new battery manufacturing factory in Suzhou, China.
The new factory will have an area size of 32,500 square meters, featuring...
Minister for Trade and Industry Chan Chun Sing, New Zealand’s Minister for Trade and Export Growth David Parker and Chile’s Vice Minister for Trade Rodrigo Yanez jointly announced the substantial conclusion of the negotiations for the Digital Economy Partnership Agreement (DEPA) in Singapore on 21 January 2020....
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...
