Singapore
IOI CBT’s aircon feature to resolve Singapore’s climate crisis
The IOI Central Boulevard Towers use a balanced air conditioning feature to lessen the carbon footprint in the units.
Pay transparency trend relies on the labour market’s future
If the labour market softens, firms can decide whether or not to openly disclose salaries.
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.
Tourism leaders unveil 5 keys to creating sustainable travel options
Seven in 10 Singaporeans want more sustainable travelling, according to Booking.com.
SingPost sees integrated 4PL platform and AI to reshape e-commerce logistics
SingPost’s logistics capabilities contribute 70% of its $1.9b revenue, according to CEO of International Business Li Yu.
Here are reasons why customers keep getting negative experiences from brands
Marketing materials are too irrelevant.
The majority of business leaders have difficulty reaching potential new customers
Certain strategies for reaching customers are no longer effective.
Looking within is key to finding the right flex space — experts
Five out of 10 organisations in Singapore are opting for flex leases, says an IWG expert.
Four key incentives for fragmented e-commerce buyers in SEA
Marketing and payment executives of top e-commerce sites advise offering a variety of financial solutions to consumers.
Locad speeds up D2C retailers’ fulfilment, shipping of orders
Shrey Jain’s startup helped Havaianas shrink its delivery period from 15–30 days to as short as 24 hours.
Mercu cuts cost and time spent on hiring, training deskless workforce
Employee turnover in frontline industries can be up to 4x higher than office-based workers.
Singapore outperforms omnichannel spending in Southeast Asia
The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.
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.
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He puts a spotlight on how businesses are strengthening transfer pricing frameworks, audit readiness, and corporate tax governance.
Commentary
Breaking the myths around turbomachinery downtime in APAC
APAC’s hidden CX crisis on the frontline