The COVID-19 pandemic has posed an exceptionally difficult challenge for the travel industry, exacerbated by its impact occurring across all markets. Travel brands and marketers face challenges in creating travel experiences with their customers and clients while simultaneously complying with health precautions While COVID-19 is expected to continue having an...
A report based on the study Decoding Global Ways of Working states that only 7 per cent of Asia's workforce now want to commit to a completely onsite work arrangement. A majority of them have expressed a desire for flexibility in where their work gets done. A total of 66,624 respondents...
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 responded to the COVID-19 crisis, by...
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 system operators, bankers’ associations, and participating...
"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 additional 1 million Malaysians by end...
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 child is...
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 micro-SMEs (MSMEs)1 in both countries by...
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 provide SMEs with innovative financial and...
The Singapore Business Federation (SBF) welcomed the recent signing of the Regional Comprehensive Economic Partnership (RCEP) agreement and looks forward to helping Singapore businesses leverage this agreement to achieve commercial benefits.The 15-member RCEP agreement will create the world’s largest free trade area, accounting for US$21 trillion, or 30 per...
Given the uncertainties faced by businesses during the on-going Phase Two of the post-Circuit Breaker period, the Singapore Business Federation (SBF) launched a survey in August to garner business sentiments and to better understand the support businesses may require during this phase. Conducted over a two-week period, 225 companies responded...