Sunday, August 1, 2021
By now, everyone has head the same old story. Covid-19 has caused unprecedented economic damage to the entire world, supply chains have been disrupted, nations are experiencing poor growth, et cetera. However, amidst the turmoil, there is a shining star that serves as excellent example. This star is Vietnam,...
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...
As global recession looms, Asian businesses are tightening their credit management processes in a bid to minimise bad debt risks. With COVID-19's impact on supply chains and trade, the use of trade credit has soared. Payment delays have led to suppliers using such credit tools to guarantee their cash flow. According...
Telehealth services and its operators, which allow patients to consult with medical staff and professionals virtually, are riding a huge surge in demand within the ASEAN nations as the Covid-19 pandemic continues to push the healthcare sector online. In countries such as Thailand, Indonesia, and Singapore, telehealth services has seen...
According to Malaysia’s Finance Minister, Tengku Datuk Seri Zafrul Abdul Aziz, the government is committed to continue the efforts to help the country’s SMEs on their path to recovery amidst the post-COVID era in the upcoming Budget 2021. Building upon the foundations laid by the Prihatin Rakyat Economic Stimulus Package...
Indonesia has made coronavirus vaccination for citizens compulsory and is set to allow the private sector to help inoculate the population to reach herd immunity faster. A regulation amended earlier this week now means people who are eligible for vaccination but refuse a jab can be penalised. Sanctions could involve fines,...
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...
Singapore is set to lift its lockdown measures as citizens slowly return to normalcy. The 'circuit breaker', as Singapore's lockdown measures were known, are to be lifted Tuesday in a phased reopening. The reopening will allow students back in the classroom and 75 percent of the economy to resume...
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...
Even the most stubborn and traditional businesses are being forced to consider their digital options as COVID-19 continues to turn the global economy on its head. Companies in Japan and Singapore in particular are looking to beef up their digital talent as they move their operations online. Even before the...
The Covid-19 pandemic brought with it economic ruin; and in turn, businesses began taking a more cautious approach, resulting in a slowing economy and stagnant growth. During such a poor economic climate, most might say it is insanity to try and expand, especially if you are an SME that...
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...

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