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...
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...
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...
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...
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...
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...
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...
Deutsche Post DHL Group (DPDHL Group), has published key findings from an inaugural study on youth employability in Asia Pacific. The three-week online study saw close to 950 responses from young people above 15 years of age across seven countries – Cambodia, India, Indonesia, Malaysia, Sri Lanka,...
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...
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...