E-commerce platform, Lazada Malaysia, has channelled approximately RM44 million with the goal of helping more than 70,000 SMEs through its second stimulus package; dubbed Pakej Kedai Pintar 2.0. Lazada’s first stimulus package was implemented in April 2020, contributing RM10 million to help up to 50,000 SMEs. This new package is...
The Covid-19 pandemic has had a profound impact on the health industry, driving rapid digitalisation in the healthcare sector and forcing suppliers of medical devices and services to adapt. To this end, the Hong Kong Trade Development Council (HKTDC) and Hang Seng Bank co-hosted a webinar titled "Start-up-Corporation Collaboration for...
Agriculture remains as a key part of the Malaysia’s economy and export output. Thanks to the Covid-19 pandemic which has plagued the majority of 2020, the adoption of more efficient technology has been at the forefront of the sector. As such, the agriculture and plantation sector is expected to...
2020 has been a strange and tough year for retailers, especially for brick and mortar stores. Covid-19 has forced people to stay in-doors, thus changing their habits. The coronavirus has shown us the true power and potential of e-commerce and delivery services, and signs seem to point towards these...
Singaporean SMEs can expect the second quarter of 2022 to remain largely positive, with the further easing of Covid-19 measures and border controls at home and internationally. According to the OCBC SME Index, the 1Q22 Index came in at 50.5, marking 5 consecutive quarters of expansion. A reading above 50...
Malaysia’s Ministry of International Trade and Industry (MITI) has recently announced a new initiative to help boost the nation’s economy amidst the post-Covid-19 recovery period. Under said initiative, the Market Development Grant (MDG) under the Malaysia External Trade Development Corporation (MATRADE) now has a value-added criteria to help SMEs...
Despite all the hardships and logistical cartwheels that were caused by the Covid-19 pandemic, China’s economy grew at a faster than expected pace in the fourth quarter of 2020, ending a rough coronavirus-stricken 2020 in remarkably good shape and remained solidly poised to expand further this year. The country’s GDP...
Lazada Malaysia has launched the Hari-Harimau 2022 New Seller Kickstarter Package, in response to the pandemic's continued impact on Malaysia's SMEs by making it easier for them to move online and assist their growth. The initiative offers educational, logistics and financial incentives to help SMEs ease operational costs and grow...
Hotels are mostly associated with the tourism industry. Therefore, when the COVID-19 pandemic hit, everyone was talking about how hard tourism and hotels have been hit economically. However, the challenges being faced by the events and wedding industry have not been getting as much attention. Recently, wedding planners and venue...
Singapore has been making good progress with regards to its Covid-19 recovery plan. The island nation is now in its second phase of reopening, allowing both locals and foreigners greater freedom and flexibility in terms of business and leisure. However, according to Education Minister Lawrence Wong, the nation will only...
China's public and private sectors are set to spend 10.6 trillion yuan (US$1.6 trillion) through 2025 to develop next-generation infrastructure, including the 5G network and electric-vehicle charging stations. This is especially important for the economic juggernaut as trade friction with the US looks likely to continue despite the change...
Singapore’s total wage growth rebounded to 3.9 percent in 2021, comparable to before the Covid-19 pandemic in 2019, but real wage growth was dampened by higher inflation last year, the Manpower Ministry (MOM) said. Real wage growth came in at 1.6 percent in 2021, only slightly above the 1.4 percent...

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