Small and midsize businesses in the region point to innovation as a key barrier to a quick post-pandemic recovery, with just 39% armed with an employee or team dedicated to driving such efforts in their organisation.
Latest from Eileen Yu
Local small and mid-sized businesses recognise the need to adopt digital tools, but 41% point to high investment costs as a barrier while 57% say financial support from the government could help lift barriers in their adoption.
Currently representing just 7 percent of GDP, Asean's digital economy can drive an uplift of US$1 trillion by 2025 across the region, but digital trade barriers and lack of seamless cross-border payments are key barriers.
The Singapore telco and bank want to help 5,000 local small and midsize businesses digitise their operations and explore e-commerce options to extend their presence.
Government continues to provide financial support to encourage skills upgrading and drive research and development efforts in the country. SMBs are offered grants to innovate and expand internationally.
Standing Sushi Bar survives breaking point with the help of social media and other online tools, and now looks to build staff "camaraderie" by establishing a proper HR system and corporate identity.
Enterprise investment in cloud-based security accounts for 17 percent of overall market spend and this number will increase to 24 percent by 2016, says research firm AMI Partners.
It didn't end up buying Palm but Chinese PC maker says it's riding high and focused on "game-changing plays" in mobile Internet and digital home entertainment, five years after buying IBM's PC business.
Whopping 90 percent of businesses in region still have not implemented green IT strategy, despite being aware of ability to increase ROI, Springboard finds.
update Boosted by expected arrival of 3G, infrastructure consolidation and SMB outsourcing, India's IT spend will grow 14.1 percent in 2009, says Springboard Research.