As we approach the finishing line of 2020, it is becoming more apparent who the biggest winners and losers are within the business world. Despite everything which has happened, certain unexpected industries have come out on top, while many other obvious choices have been hit hard.
IBIS, an industry research...
As the holiday season approaches its peak, the Thai capital of Bangkok remains unusually devoid of the bustle of tourists. As the pandemic keeps foreign tourists away, the city's five-star hotels are slashing rates and offering added perks to entice domestic customers.
Big names, such as a Marriot in downtown...
Singapore’s Prime Minister Lee Hsien Loong has recently announced that the nation has approved the Pfizer-BioNTech coronavirus vaccine. This means that Singapore will be the first country in Asia to receive the US developed shot.
Lee says that the first of the doses are due to arrive later in December,...
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,...
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...
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...
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...
