IMDA launches new digital solutions for retail, security industries to empower SMEs

Singapore – The Infocomm Media Development Authority (IMDA) has announced the launch of new Advanced Digital Solution categories for retail and security industries to empower SMEs to scale faster and grow in a digital economy. The new solutions are Omnichannel Retail Management (OCRM) and Integrated Security Management (ISM). The pilot...

Around 51% of women-led SMEs in PH see revenue increase when accepting digital payments: report

Manila, Philippines – Around 51% of women-led SMEs and 56% of microbusinesses in the Philippines saw revenue growth after they started accepting digital payments, new data from Visa recently revealed. Considering that SMEs are important to the economy and that women make up more than half of the population in...

Ant International depicts support almost 100 million MSMEs following launch of latest global campaign

Singapore – To celebrate the Global International MSME Day for 2024, digital payment and financial services provider Ant International has shared its support towards almost 100 million Micro, Small, and Medium-sized Enterprises (MSMEs) worldwide through its businesses and programs as well as its global campaign.Through these efforts, Ant International reinforces...

Visa announces commitment to empowering women-owned MSMEs thru digital, financial inclusion

Philippines – Visa, a global payment solutions provider, is dedicated to increasing digital and financial inclusion in Southeast Asia by providing women and youth with digital and financial skills. This effort strives to promote long-term growth and prosperity.  Southeast Asia's young population, which makes up approximately a third of the...

ADB, Mastercard forge alliance for financial inclusion, digital transformation for MSMEs in APAC

Manila, Philippines – The Asian Development Bank (ADB) and Mastercard have signed a memorandum of understanding (MOU) to promote financial inclusion and digital transformation across Asia-Pacific. The agreement reflects both organisations' common objective of improving financial inclusion by supporting micro, small, and medium-sized enterprises (MSMEs) and women-owned businesses. It seeks...

Visa launches SME online toolkit, enhancing contactless payments for tourism merchants

Manila, Philippines – Global digital payments company Visa has launched its latest resource offerings to assist Filipino merchants, especially small and medium-sized businesses (SMEs).Taking full advantage of Visa’s digital payment solutions, this online toolkit aims to optimise the customer shopping experience and increase sales, particularly in the Philippine tourism sector.This...

Mastercard, Boost Capital team up to help over 10,000 Filipino-owned SMEs 

Philippines – Mastercard launched a charitable partnership with the technology firm Boost Capital aimed at providing access to digital financial services for over 10,000 small enterprises in the Philippines, notably those run by women. This new alliance, backed by the Mastercard Center for Inclusive Growth, will use technology to help...

Jollibee teams up with DTI to promote growth of Filipino MSMEs 

Philippines – The Department of Trade and Industry (DTI) has formed a partnership with Jollibee Foods Corporation (JFC) and the Jollibee Group Foundation (JGF) to promote the growth of Filipino micro, small, and medium-sized companies (MSMEs).  The DTI stated that on April 17, a memorandum of agreement was signed with...

GrabAds’ marketing platform now available on mobile to boost sales for SMEs in SEA

Singapore – GrabAds’ “Marketing Manager”, its web-based marketing platform dedicated to SMEs, is now available on mobile in a bid to help SMEs in the Southeast Asia region to boost their sales. The platform was previously launched in June 2023. ‘Marketing Manager; has also introduced the all-new “spotlight campaigns” feature,...

Martech firm OpenMinds Group collaborates with Asia Pacific University to launch student-led creative service

Kuala Lumpur, Malaysia – Southeast Asian martech firm OpenMinds Group has officially announced their partnership with the Asia Pacific University of Technology & Innovation (APU), a private Malaysian university that aims to bring out the next generation of creative talent to the industry.Through this partnership called ‘OpenCreative’, OpenMinds Group and...