SME News
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2020-10-22
SE Asia economies should raise technological adoption amid pandemic
Economies in South-East Asia should leverage the accelerating adoption of technology amid the Covid-19 pandemic to assist in the recovery process and help countries achieve sustainable development goals. Asian Development Bank president Masatsugu ...
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2020-10-21
Adopting industry 4.0 will bring businesses to greater heights
The global manufacturing landscape has been in a state of flux in recent years due to existing geopolitical tension, and now, the situation is further exacerbated by the COVID-19 pandemic. Enterprise Singapore deputy chief executive Ted Tan (...
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2020-10-21
Pandemic is accelerating labour shift from humans to robots
ZURICH: Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the Covid-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found. Su...
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2020-10-21
Over half of SMEs in Singapore blame digitalisation delay on coronavirus
SINGAPORE - While many small and medium-sized enterprises (SMEs) here have strategies in place to go digital, the take-up rate has been slow, with firms blaming Covid-19 for causing delays in their digitalisation plans. This is in stark contrast t...
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2020-10-21
TymeBank, UAE-based payments firm team up to target SMEs
Digital bank TymeBank has announced a co-operation agreement with United Arab Emirates-based payments solutions firm Network International, which will empower small and micro businesses to accept card payments. With the deal, TymeBa...