Digital technologies have been rapidly embraced all over the world. In effect, it has changed the way in delivering business, work, and services. It not only enhances development, it can create revenues through innovation, diminishing exchange costs, boosting effectiveness and productivity, and making services less expensive.
Today’s consumers have more information at their fingertips than ever before. Whenever they need a product or service, a simple online search can generate an overwhelming amount of options for them. Consumers have to weed through all sorts of information in order to make a decision to purchase. How does a business stand out against the competition?
As a startup founder based in Singapore - one of the top business hubs in Asia's emerging market - should you share an office space or lease one of your own? In these modern days, the traditional office seems to be blurring. We live in an environment that is always evolving, and the concept of where we work is similarly subject to change.
The wait is (almost) over! After 6 (grueling) years of constructing the MRT - a project that began in 2013, Jakarta is finally ready to launch their first major transportation breakthrough. Inhabiting approximately 30 million people, (Greater) Jakarta is the most populous city in Southeast Asia and a solution to the infamous traffic honestly could not come any sooner. With the option of taking the MRT, the road along the main commercial areas where the restaurants and shopping malls are would be less congested. The MRT route is set to also include major business districts in the city meaning many offices buildings around the area will receive that much needed accessibility, easing the everyday commuters journey to and from the the workplace.
This article will discuss in detail about the MRT as well as top serviced offices and coworking spaces that will benefit from it.
People may think about an office as a dull, laugh-less jail where such lives and breathes are those who stuck to their work desk from 9 to 5, typing rhythmically on keyboards. Well here's a reality. It's 2019 and that concept of an office is woefully outdated. We're now moving forward to flexibility, convenience, and efficiency!
With Singapore’s emergence as a ‘Key International Business Centre’ and ‘Asia’s Regional Business Hub’, the growth of business enterprises has never been greater. One of the prerequisites for expanding business in Singapore is that it ought to have a registered office address.
Bank regulations, creditworthiness, and geographical challenges of an archipelago have strongly contributed to limited access to banking solutions in Indonesia. A staggering 66% of the population, or around 180 million Indonesians, are unbanked. Yet, there are many ways to engage the unbanked, like creating an alternative credit scoring system or digitizing private sector wage payments, but what took the center stage is e-money (electronic money). e-money is great because it's a very convenient way to top up, particularly for people living in the rural areas, it doesn't require a bank account to setup, and there's no monthly fee attached that's typically seen in banks. With a high mobile penetration rate among the unbanked (7 out of 10 people who don't own a bank account owns a mobile phone) and low usage of financial services among smartphone users in the country (less than 40%), Indonesia is a very attractive market for fintech (financial technology) companies to come in and provide alternative digital banking solutions and other services. Needless to say, entrepreneurs, banks, and conglomerates caught on pretty quickly and competition in the industry has become very intense, very quickly. Currently, there are over 100 apps more or less with an e-money/e-wallet concept in the market.
While they're fighting for market dominance, end consumers are reaping the benefits. Just by being informed and tech-savvy, you can exploit and leverage it to help you make the most out of your money! There are also other extremely practical apps that can potentially help you to save big on dining, entertainment, and fitness options in Jakarta that will be discussed further below.
Coworking is simply putting your pants on, grabbing your laptop, leaving the procrastination‐hole you call your home‐office behind and proceeding onward to a proactive environment. It's where you are encompassed by individuals, Wi‐Fi, and coffee. It's where you get propelled by the mere presence of efficiency and your social network is real! It’s teaching, learning, and sharing. In brief, it's where ideas go to grow and dreams go to become reality.
Coworking is a modern working style that first begun in Malaysia around 2010 - but only from 2016 onwards is the concept getting popular among local people and of course foreigners in Malaysia. It has been relentlessly developing in recent years with the amount of coworking spaces in Kuala Lumpur multiplying every single year. The shared workplace turned out to be alluring to work-at-home experts, self-employed entities, freelancers, and even conglomerates - Petronas has signed up for office spaces with Common Ground.
We lead hectic lives and there always seems to be insufficient hours in a day for us to strike the balance between work and personal life, particularly when you mull over the commute time that most of us face. In Singapore however, things are improving.