Saturday, September 19, 2020
Across most of the developed world, rapidly aging populations are an issue that governments have to deal with. Globally, the population aged 65 and over is growing faster than all other age groups. According to UN research, by 2050, one in six people in the world will be over...
It has been announced that Singaporeans who are aged 18 and above this year will each receive S$100 in digital vouchers to spend on staycations, tickets to leisure attractions, and local tours in order to help stimulate the local tourist industry. The SingapoRediscovers Vouchers will be accessible via SingPass from...
By Lim Kee Yeong A recap of what happened not too long ago: COVID-19 hit all of us – like waking up with a sinkhole appearing right in front of your doorstep, striking us fast and furious. Governments worldwide instituted lockdowns and movement restrictions, both domestically and internationally. Globally, a...
PENJANA E-Commerce Campaign saw over 30,000 new MSMEs adopting e-commerce In the month of June and August, the Malaysia Digital Economy Corporation (MDEC) rolled out two e-commerce initiatives introduced under the National Economic Recovery Plan (PENJANA) namely the PENJANA Micro and SMEs (MSMEs) E-Commerce (MSMEs) Campaign and PENJANA Shop Malaysia...
COVID-19 has seen the emergence of a cashless, cautious and more conscientious consumer, according to Standard Chartered’s latest global survey. Almost two-thirds (73%) of Malaysian survey respondents agree that COVID-19 has made them more positive about online shopping, but they are also more careful with their spending and want...
The Securities Commission Malaysia (SC) today concluded its annual Industry Dialogue 2020, which involved 60 industry leaders from various market segments in the capital market engaging on key challenges and risks in the current environment as well as the opportunities for the future of the Malaysian capital market. Participants...
Singapore’s privacy regulator imposed a S$10,000 (US$7,311) penalty on ride-hailing company GrabCar for a personal-data breach incident last year and raised the alarm on repeated violations. In August 2019, an update of Grab’s mobile application exposed the personal data of more than 21,500 users to the risk of unauthorized access,...

Shop Local, Online

It’s well known that shopping locally helps the economy. But how exactly does it help? Principally, local SMEs help the economy by introducing a multiplier effect. They are often owned and staffed by locals, where their earnings will flow back into the economy. But more than that, local businesses will...
Indonesian’s SMEs could potentially contribute an additional US$164 billion to the country’s GDP in 2024 if they are able to become more digitally mature, stated a recent study. According to the 2020 Asia Pacific Small Medium Business Digital Maturity Study by technology company Cisco and International Data Corporation (IDC), digitally...
Kuala Lumpur, 14 September 2020 – Ninja Van, a tech-enabled express logistics company, has officially launched Ninja Chat for Shippers, the business version of its AI-powered social messaging system, that provides shipping customers with a suite of tools for the direct management and monitoring of deliveries and orders. “As one...
The Malaysia External Trade Development Corporation (MATRADE) has helped 13,813 local companies penetrate the global market during the 2015-2019 period through 466 export promotion activities and exporter development programmes. Deputy International Trade and Industry Minister, Datuk Lim Ban Hong said MATRADE also promoted 337 Malaysian brands from various sectors during the period....
Invest Selangor has launched the Selangor Business Hub (SBH) in its effort to provide a virtual networking platform for businesses in the state and curb the economic contraction due to the COVID-19 pandemic. The Selangor Business Hub is expected to provide another channel of communication for businesses to engage and...