Friday, January 22, 2021
With the economic disruption caused by the Covid-19 pandemic and subsequent lockdowns, continuous growth and expansion might be the last thing on the minds of companies and business owners. However, the truth is often surprising. Rather than hunkering down until the economic crisis blows over, four in five financial...
With the announcement that the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) will merge into the Value Reporting Foundation, the Malaysian Alliance of Corporate Directors (MACD) has come out with its support for the merger. Paul W Chan, president and co-founder of MACD said, "MACD...
There are some interesting new developments occurring in the chipmaking industry. Taiwanese chip manufacturing giant, Taiwan Semiconductor Manufacturing Co. (TSMC), will be working with Google and other well-known US tech heavyweights to develop a brand new way of making semiconductors more powerful. The tried and true technique of cramming more...
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...
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...
MEF: RCEP will boost Malaysia’s economic revival The Malaysian Employers Federation (MEF) believes that the recent signing of the Regional Comprehensive Economic Partnership (RCEP) provides a much-needed boost to revive Malaysia’s economy impacted by the Covid-19 pandemic. MEF President Datuk Syed Hussain Syed Husman said the trade pact made between 15...
Recently, fifteen Asia-Pacific economies came together to sign what could become the world’s largest free trade agreement in history. The trade deal, which was signed last Sunday, will cover nearly a third of the global population and about 30 percent of its GDP. The Regional Comprehensive Economic Partnership (RCEP) will...
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...
With the year end fast approaching, one of the world’s longest Christmas celebrations are expected to kick-off soon in the Philippines. At the forefront of the holiday rush are the massive shopping malls the country is known for; vast emporiums that are carefully decorated to appeal to the holiday...
Two of Japan’s largest regional banks have set their sights on the Southeast Asia region as a location for new offices to support client companies’ expansion into the region. The move will shift resources away from its existing network in London and Hong Kong. Gunma Bank, headquartered Northwest of Tokyo,...
Many may be forgiven for not taking any chances during these uncertain times. The COVID-19 pandemic has done more than disrupt supply chains and ruin business. It has led to thousands of lay-offs and furloughs. It is no wonder that many potential new entrepreneurs are hesitant to leave behind...