Monday, February 24, 2020
E-commerce giant Alibaba has announced assistance for merchants affected by the 2019-nCoV coronavirus outbreak in China. The assistance takes the form of offering waivers or reductions of service fees, providing financial assistance, as well as other special assistance in six major areas: Reducing operational cost on Alibaba's platforms Taobao and...
Earlier in January, Accelerating Asia, a startup accelerator and early stage venture capital fund headquartered in Singapore, formally unveiled its second cohort. The ten startups that comprise Accelerating Asia’s second cohort hail from six countries including Australia, Bangladesh, Malaysia, Myanmar, Indonesia and Singapore. They have already raised over S$2...
A new report, the first by a UK fintech to show detailed spending habits of more than 133,000 UK small businesses and more than £32bn spending, has been launched. “The Battle for Business Wallets” is a global review of £126bn worth of spending by over 250,000 SMEs in the...
KUALA LUMPUR, 6 February 2020 - Enterprise Asia, the leading regional association of entrepreneurs, is set to establish the Enterprise Asia Center for Entrepreneurship at HELP University here. The Enterprise Asia Center for Entrepreneurship will serve to accelerate the growth of entrepreneurs in Malaysia and across Asia through evidence-based industry...
The announcement of the Budget 2020 for Singapore is fast approaching and businesses are beginning to reveal what they hope to see. Many have cited bread-and-butter issues that they would like to see addressed; while others have set their sights on longer-term issues such as sustainability and support for...
The economic impact of the novel coronavirus (2019-nCoV) is expected to be temporary based on the previous experience with the severe acute respiratory syndrome (SARS), according to MIDF Research. The research house, which is maintaining its 2020 gross domestic product (GDP) growth forecast for Malaysia at 4.5 per cent, said...
China’s President Xi Jinping is enlisting the financial sector in a war against a virus outbreak that has killed more than 500, mobilising lenders, brokerages and fund managers to pump resources into stricken parts of the economy. Answering Beijing’s call, banks are rushing to offer virus-fighting loans at ultra-low rates,...
One of the many challenges of being an SME that handles physical products is managing the logistics for the business. More often than not, SMEs must rely on third party logistics services, which can be very costly for a business with limited capital and resources. Enter “Carga”,a new app-based logistics...
The real and possible dangers posed by the Wuhan coronavirus, businesses throughout the world has taken a hit; especially the tourism industry. This sting is especially painful for nations whose tourism industry contributes a huge portion to the GDP. Thailand is one such nation. The Thai Tourism and Sports Ministry...
While racing to control the outbreak of the novel coronavirus, China is moving fast to help vulnerable sectors and impacted small firms pull through. Supportive policies for enterprises and employment should be well implemented while enhanced efforts will be made to keep major sectors of the economy stable, the...
Hong Kong economy shrinks for first time in a decade The Hong Kong economy's first recession in a decade deepened in the fourth quarter of 2019, weighed down by anti-government protests and the US-China trade war. Last year was the worst for Hong Kong's growth since 2009, when the financial...
With more and more news about the spread of the Wuhan coronavirus, consumers and businesses alike are becoming more wary about travelling to China and purchasing Chinese goods. As a result, the global economy is currently seeing a downturn. SMEs in particular are heavily affected by this issue. In South...

Follow Us

181,324FansLike
781FollowersFollow