Online spend in South-east Asia to outpace growth of digital consumers threefold
ONLINE spend in Southeast Asia is projected to outpace the growth of digital consumers by a factor of three, with clothing and personal care emerging as two of the leading categories.
Champion Asean as an integrated market of 600m: Chan Chun Sing
BUSINESSES need to be prepared to operate in either a scenario where there is greater global integration and higher trajectory growth, or in the alternative scenario where the world could fragment into two or more pieces and end up in a slower growth trajectory, said Minister for Trade and...
UL moves international HQ to Singapore to ride demand from Asia
With Asia continuing to be the fastest growing component of UL's business, putting it on the path to constituting the majority of both the group's business and employment, it was a "logical" decision to move the international headquarters to Singapore said CEO Keith Williams.
Powering social good
ASK Kojin Nakakita to talk about himself and the chairman of Hitachi Asia immediately says he is an ice hockey player, after opening with a rather enigmatic "I've had a bit of a different life from everyone else".
Venture capital fundraising in Asean is on course to match 2018 record
ASEAN-focused venture capital (VC) fund-raising is on course to match the record figures reached last year, even as buyout deal values are falling amid a challenging macroeconomic environment, said Preqin, a data source on alternative assets.
Singapore startups tapping new buzz in Indonesia as test bed
EVEN as Indonesia churns out its own startups, an increasing number of Singaporean startups are looking to the country as a launchpad to test their business model.
Asean offers silver lining for logistics players as global trade slows
SOUTH-EAST Asia has emerged as a key investment target for logistics players as US-China trade tensions reroute the flow of goods and services in the region.
How will a rising Asia lead the way?
ONLY 18 per cent of today's goods trade involves exports from low-wage, traditionally Asian countries, into high-wage countries. This figure is not only far smaller than most people assume, but it is declining across many industries.
Electric cars in Asean economies: a slow evolution
ELECTRIC vehicles will be one of Asean's largest growth segments in the next decade. But the evolution will be a slow one, and likely be led by commercial fleets, two-wheeled vehicles or a disrupter taking a new approach, unlike elsewhere where passenger vehicles pave the way.
SMEs' next big investment push: transformative technology
INVESTMENT in technology is reaching a key milestone, according to a new EY report which found that small and medium enterprises across South-east Asia (SEA) expect to make investments in transformative technologies an investment priority over current technologies in as little as three years....
Intra-Asean flows gain ground even as US, China trade blows
EVEN as all eyes are trained on US-China trade tensions and the possibility of a global recession, trading within the region has been trending upwards.
Asean businesses can play more active role to set agenda amid US-China dispute
BUSINESSES can play a more significant role in advocating for reinforced cohesion between Asean members, amid escalating US and China trade tensions which could last for some time, said Trade and Industry Minister Chan Chun Sing on Tuesday.
Singapore business body pushing for fair rent terms from private landlords
THE Singapore Business Federation (SBF) is in the midst of a last big push to get private landlords to support and adopt the tenets outlined by the Fair Tenancy Framework even as they look to introduce more best practices.
Short rental cycles resulting in 'hit-and-run' business practices, says IndoChine boss
MICHAEL Ma, founder of the IndoChine group of hotels, eateries and clubs, has been vocal about his dismay at the decision made by Gardens by the Bay not to renew the IndoChine Supertree lease.
My SME Story Ep 5: XM Studios
We speak to Ben Ang and Bryan Tan, the co-founders of XM Studios, a design studio which designs and produces handcrafted cold-cast porcelain statues of pop culture brands such as Marvel, DC and Transformers.
XM Studios constantly pushing boundaries
"WE are often labelled as crazy people because we do crazy stuff," declares Bryan Tan with a certain modicum of pride. "Sometimes the toys we make are not meant for the general public. Like S$6,000 statues that are larger than the two of us combined - who is going to buy that?...
Freshworks launches Asean hub in Singapore
SOFTWARE-as-a-Service firm, Freshworks, has launched its first regional hub for the Asean market in Singapore, from which it intends to more fully engage the region, both by ramping up brand awareness and adoption, and by increasing its network of partner resources to meet accelerating customer...
Freshworks takes on Asean on the back of rapid expansion
Software-as-a-Service firm, Freshworks, has launched its first regional hub for the ASEAN market in Singapore, from which it intends to more fully engage the region, both by ramping up brand awareness and adoption, and by increasing its network of partner resources to meet accelerating customer...
Ramping up the fight for renewable energy
FOR all of the pride Atem Ramsundersingh feels about finally being able to unveil the fruits of the past six years of labour, the picture is still not perfect.
Ramping up the fight for renewable energy
For all of the pride Atem Ramsundersingh feels about finally being able to unveil the fruits of the past six years of labour, the picture is still not perfect.
Josephine Teo urges CPF Board to fine-tune communication
MORE can be done to improve communication between the Central Provident Fund (CPF) Board and its members, starting with a review of letters sent to members who are approaching their Payout Eligibility Age (PEA) and increasing opportunities for in-person interactions, said Manpower Minister...
Budget to focus on helping companies embrace tech, train workers to lift productivity: Heng
IT is imperative that enterprises continue to deepen their capabilities so they can stay competitive and seize opportunities that continue to grow in Asia.
My SME Story Ep 2: Big Tiny
In today's episode, we speak with Adrian Chia, one of three co-founders of Big Tiny, the first company in Singapore to integrate the concept of tiny houses with eco-tourism....
Asean CEOs' business outlook dimmer than global peers'
CHIEF executive officers (CEOs) across Asean are harbouring greater pessimism than their global peers, in a stark turnaround from previous years, when they were more optimistic.
S-E Asia GDP growth to slow in 2019 amid trade war: ICAEW
ECONOMIC growth across the South-east Asia region is expected to slow in 2019 to 5 per cent, after an estimated 5.3 per cent in 2018, according to the Institute of Chartered Accountants in England and Wales' (ICAEW) latest Economic Insight report on the region....