Saturday, September 19, 2020
The Malaysia Digital Economy Corporation (MDEC) will host the Kre8tif! 2020 completely virtual with a focus on inclusivity and globalisation with the theme “Kre8tif!-vity without Boundaries”. Running from September 7 to 10, 2020, Kre8tif! 2020 will be the region’s hotspot for all types of digital content that are now...
Recent research by Epson found that among six ASEAN member countries surveyed, three out of four reported that they have embarked on the digital transformation journey. One in five of these respondents said they have incorporated digital transformation into several departments and business activities. While generally, SMEs are fully...
By Dr Hazik Mohamed COVID-19 is putting millions of SMEs in Asia in jeopardy, reports the World Economic Forum (WEF). For most companies, the pandemic lockdown measures have come quickly and as their employees adjust to working from home and social distancing, there are people who resist or are slow...
In a recent report published by YouGov, it has been revealed that more than seven out of ten Filipino consumers are of the belief that local retailers should have an online presence amid the shift in behaviour brought about by the COVID-19 pandemic. Visa commissioned the YouGov study in July,...
Malaysia is the 9th most complex country for multinationals to do business in globally, and the 3rd most complex in Asia, according to a new report by professional services firm TMF Group. The Global Business Complexity Index analyses key areas of business administration and compliance across 77 jurisdictions -...
After months of lockdown throughout the world, nations are slowly beginning to lift restrictions as the threat of COVID-19 is gradually being contained. During the lockdown period, consumer shopping habits have experienced a drastic change. Research conducted by Adobe reveals that despite the economic damage caused by the pandemic,...
Even before the COVID-19 pandemic hit, the adoption of technology and digitalisation was already ramping up. With the onset of the Industrial Revolution 4.0, companies and businesses had already realised the benefits of digitalisation and automation. However, a number of factors held back the digital progression of some companies. These...
South Korea plunged into recession in the second quarter in its worst economic decline in more than two decades as the coronavirus pandemic battered exports and social distancing curbs paralysed factories. Asia’s fourth-largest economy shrank by a seasonally adjusted 3.3 percent in the June quarter from three months earlier, the...
The world is going cashless. Recent trends are only accelerating the cashless march across the globe. In the US, debit cards finally beat out cash as the top way to pay in 2018, according to a Federal Reserve survey. The mobile wallet M-Pesa is used by nearly 75 percent of...
Many have stated that COVID-19 is the catalyst that finally ushered businesses into the digital age. While this statement is true in some cases, most businesses had already begun their digital transformation journey before the world was even aware of the COVID pandemic. Satanu Dutt, Chief Technology Officer of...
With the dawn of Industrial Revolution 4.0, SMEs and startups began to see the massive benefits of digitalisation and haven since made moves to shift their business towards digital transformation. The onset of the COVID-19 pandemic served to only accelerate the process as consumers and client expectations changed. However,...
SMEs in five Southeast Asian (SEA) markets, that being Malaysia, Singapore, Indonesia, Thailand, and Vietnam, are counting on the benefits of technology to help weather the storm of the COVID-19 pandemic, according to a recent survey conducted by United Overseas Bank (UOB), Accenture, and Dun & Bradstreet. The research was...