DBS Hong Kong's new survey with the city's SMEs reveals 93% of the community believes digitalisation is important to business growth; however, 57% of those surveyed see funding as their biggest challenge when trying to digitalise their businesses. The survey provides insights into the needs of SMEs on their...
YAS Group Ltd has announced the beta version of its YAS Mobility or YASMO iOS app, a blockchain-powered drive-to-earn platform that disrupts the way people drive and own cars, with a mission to create safer roads and smarter cities. The company said in a statement that the beta version offers...
The world’s rainforests shrunk at a rate of 10 football pitches a minute in 2021. With it, 2.5 billion tons of carbon dioxide were emitted into the atmosphere. The alarming rate of loss is a concern as forests are natural air filters and help cool temperatures. We are indeed...
Singapore is the 13th most expensive city globally for expatriates to live in despite rising inflation, while Hong Kong is the world's most costly for the second year in a row. These are some of the findings of the latest cost of living research published by ECA International. The firm...
The vast and rapidly growing market of India is opening up for electronic commerce and presents ample opportunities for SMEs in Hong Kong and in the region. As part of its T-box transformation programme, which helps SMEs improve their branding, e-commerce, manufacturing and supply chain solutions, the Hong Kong Trade...
DBS and Xero, a worldwide small business platform, are collaborating to make it easier for SMEs in Singapore and Hong Kong to apply for loans and access working capital. Customers of Xero will be able to share transactions from Xero's platform with DBS as a result of the partnership while...
DBS Foundation has launched a new grant for SMEs to kickstart their transition towards becoming more sustainable businesses. This is an extension of DBS Foundation’s ongoing support for SMEs, as it endeavours to foster the growth of businesses-for-impact, regardless of their stage of growth. Thus, the foundation has commenced its...
The Covid-19 pandemic has had a profound impact on the health industry, driving rapid digitalisation in the healthcare sector and forcing suppliers of medical devices and services to adapt. To this end, the Hong Kong Trade Development Council (HKTDC) and Hang Seng Bank co-hosted a webinar titled "Start-up-Corporation Collaboration for...
Banks in Hong Kong are optimistic on their financial performance in 2022 with higher interest rates likely to improve margins, global business consultancy KPMG said in its latest report. Non-interest revenue should also increase as initiatives such as the Cross-Boundary Wealth Management Connect scheme offer new growth opportunities. Paul...
Stronger trade and investment ties with Mainland China and the world at large, boosting the broader trade industry and enhancing the technology sector, especially fintech, were key themes in the Hong Kong Budget for 2022-23, delivered by Paul Chan, the Hong Kong Special Administrative Region Financial Secretary. The Hong Kong...
Google Hong Kong has partnered with the Hong Kong Trade Development Council (HKTDC) to power SMEs’ digital capabilities and help them succeed globally in 2022 and beyond. Michael Yue, general manager, Sales & Operations, Google Hong Kong, explains how it will work. What did the research reveal?       ...
TransUnion said the latest results from its quarterly Consumer Pulse Survey, which tracks Hong Kong consumer attitudes to their financial situation and outlook, shows a further decrease in the impact of the pandemic on household incomes with 43% of consumers reporting their household income was negatively impacted, down 2...

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