One can often look at corporate earnings as a sort of measure to judge how well an economy is doing, among other indicators. With corporate earnings in the third quarter ending on 30 September 2020, we can finally have a general idea on how businesses are coping with the...
Due to a rising number of Covid-19 cases in Hong Kong, the launch of the much anticipated travel bubble between Singapore and Hong Kong has been delayed further. The Civil Aviation Authority of Singapore (CAAS) said in a statement on 1 December that both cities have agreed to defer...
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...
2020 has not been kind to businesses around the world. With the exception of a handful of industries, sales and revenue have been in decline; thanks to the Covid-19 pandemic. The retail industry in particular has been hit rather hard. The global retail industry will suffer a 3.5 percent...
According to recent research by American Express’ Business Recovery Research for Singapore, it can be seen that almost half of Singapore’s businesses have reported improved sales in the months of September and October 2020, compared to sales in 2019. However, many businesses still holds concerns with regards to keeping...
Malaysia saw a relative lull in Covid-19 cases earlier in 2020. Thanks to effective lockdown measures and social distancing rules, the country was able to effectively contain the spread of the coronavirus, thus allowing workers to return to the office. Businesses took the opportunity to enhance their business continuity...
Countries throughout the world have been suffering from the economic devastation brought about by the Covid-19 pandemic. Even as the world recovers, new waves of the coronavirus has begun threatening nations that have only just begun to get back on their feet.
However, Vietnam is shaping up to be Southeast...
A week after the 11.11 Singles Day sale, and it has become apparently clear that the online sale was a welcome boon for local entrepreneurs and SMEs in Malaysia; who have suffered greatly due to the reimplementation of partial lockdowns.
Shopee Malaysia regional managing director Ian Ho said the 11.11...
Japan will support SME aviation parts suppliers expanding further into Asia, first joining forces with Malaysia to ease exports and joint ventures.
Tokyo and Kuala Lumpur will soon confirm plans to work together in promoting the aviation industry. Malaysia is a hub of global aerospace manufacturers, including General Electric, that...
Officials from the 21 APEC economies began their final round of policy deliberations for 2020 on 13 November. The concluding senior officials’ meeting, organised by Malaysia, was convened in a virtual space to ensure that APEC work in advancing regional economic integration, as well as fostering sustainability, inclusive growth...
Digitalisation and innovation are key for SMEs survival as the travel industry emerges from Covid-19’s impact according to a report by the Pacific Asia Travel Association (PATA), revealed at the World Travel Market.
PATA’s research report “The role of Online Travel Agencies (OTAs) in supporting Asia-Pacific SMEs in Recovery” aims...
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...
