DeDollarization – The Beginning of the End of the Global Business Model
What is meant by Dedollarization? Dedollarization is the process of reducing the use of the US dollar as a global currency and moving towards using other currencies or a basket…
The 2023 Budget and its Effect on the Automobile Industry
The Indian automotive industry's effects on employment and GDP The Gross Domestic Product (GDP) and employment are both significantly impacted by the Indian automotive industry, which is a key economic…
SGTech’s Proposals For A Stronger & Sustainable Digital Future In Budget 2023
SGTech, the Singaporean Technology Association, has made news again with its forward-thinking suggestions for Budget 2023. The association's mission is to advance Singapore's digital technology sector, and it has proposed…
The Impact of GST Increase on SMEs in Singapore: Despite Challenges, Optimism Remains
Small and medium-sized enterprises (SMEs) in Singapore are feeling the effects of the recent Goods and Services Tax (GST) increase, with 63% predicting that it will slow their company's development…
Gmail Founder on Google & ChatGPT’s Future
As the popularity of ChatGPT continues to grow, discussions have arisen about the future of search engines such as Google. Founder of Gmail, Paul Buchheit, made a prediction that Google's…
Grab Holdings Promotes Philipp Kandal to Chief Product Officer
Philipp Kandal has been promoted to Chief Product Officer by Grab Holdings, the top superapp in Southeast Asia, with effect from February 1, 2023. Kandal will be in charge of…
US Economic Slowdown: Inflation & Consumer Spending Dip in December 2022
The preferred inflation indicator of the Federal Reserve slowed down even more in December. Along with a decline in consumer spending, signaling a weakened economy because of the Fed's interest…
Lamborghini Aims for 100 Unit Sales Milestone in India’s Luxury Car Market
According to industry forecasts, 42,000 to 45,000 units of luxury vehicles will be sold in India at a record high in 2023 because of a healthy order book, pent-up demand,…
Competition in the AI Chatbot Market Intensifies with Baidu’s Entry
To compete with Open AI's well-liked ChatGPT, the Chinese multinational tech giant Baidu plans to release its own chatbot in March 2023. The chatbot, whose name has not yet been…
Manu Kumar Jain Departs from Xiaomi: The End of an Era
The sudden departure of Manu Kumar Jain from Xiaomi has caused a wave of shock among fans as well as professionals in the business. His retirement signals the conclusion of…
Inditex, The Parent Company Of Zara, Announces Commitment To Hiring More People With Disabilities
Inditex, the parent company of Zara, aims to hire more people with disabilities throughout the globe within the next two years. The fashion company is aware of the increased attention…
Say Goodbye To Overpriced Groceries With Price Kaki
The cost of living is going up, which is a problem, especially for people with less money. And as helpless consumers, there doesn't seem to be much we can do…
GRAZIA: The Italian Fashion Magazine Debuts In Singapore And Malaysia
GRAZIA, the fashion magazine from Heart Media Group, will debut in Singapore and Malaysia in March. Known as "Italy's fashion bible," the magazine is produced by the Mondadori Group and…
Stagwell Expands Global Reach: Adds Thai Advertising Agency CJ Worx To Affiliate Network
As part of its ongoing effort to expand its presence in the Asia-Pacific region, the international marketing communications firm Stagwell has added the advertising agency CJ Worx of Thailand to…
Singapore Social Media User Base Declines: New Report Shows Decrease In 2023 Compared To 2022
In comparison to 2022, the percentage of users has decreased this year. Research has indicated that just about 84.7 percent of Singapore's population, or about 5.08 million people, are regular…