News

QR payments seen to skyrocket by 2028 – Study

Its transaction volume is expected to reach 90 billion by 2028.

QR payments seen to skyrocket by 2028 – Study

Its transaction volume is expected to reach 90 billion by 2028.

SingPost thriving amidst e-commerce surge

Postal giant’s CEO International, Li Yu, shares insights on industry challenges and SingPost’s trailblazing transformation.

Sea Limited bounces back from losses with $449.6m Q2 net income 

This is compared to a net loss of $1.2b US$931.2m for the second quarter of 2022.

Cathay revamps Business Plus platform for SMEs

It allows SMEs to oversee their business travel.

The majority of businesses adapt business models for uncertain economic situations

More than a third of businesses want to automate work to support employees.

Over one-third of Singaporeans cut back health-related expenses

TELUS Health said 65% curtailed their discretionary spending.

The majority of business leaders have difficulty reaching potential new customers

Certain strategies for reaching customers are no longer effective.

Researchers air overtourism concerns amid post-pandemic travel boom

EHL scholars warn of overtourism’s impact on communities, environment, and advocate collaboration for solutions.

Asian fintechs to outpace global competitors; China posts tepid growth

S&P Global’s latest report shows Asia’s fintech growth may be gradual for 2023, but small and emerging economies will keep the region steady.

Here's how APAC insurers are performing midyear

Despite the challenges identified, credit trends are observed to be stable.

Canon thrives to empower businesses with Smart Tech, sustainable practices

Andrew Koh, Canon Singapore operations head, shares vision and strategies for leadership in consumer and enterprise markets.

Singapore outperforms omnichannel spending in Southeast Asia

The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.

Less than half of global losses due to calamities insured

There were indications of a shift toward an El Niño-like pattern in Asia.

Singapore banks face tepid loan growth; interest margins to peak in 2023

Banks may face some backsliding in its bad loans ratio, S&P’s Ivan Tan warned.