Our world is becoming increasingly connected, and the way we work is changing – fast. Digital businesses are on the rise as new technology and infrastructure enable leaders to run their companies from anywhere in the world. While some are tapping into today’s global freelance workforce, other’s are restructuring their teams to meet the demand of remote work arrangements.
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Are you one of those people who is thinking of quitting your corporate job and planning on starting up your own business but is a little hesitant to begin? Don’t worry, you are not alone in this predicament.
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?
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.
WeWork, Equitorial Plaza
Thanks to technology, the world we live and work in today has changed dramatically, and the shape of the workforce is changing with it. Technology is enabling an increasingly mobile workforce. It’s not just employees who are mobile, the makeup of workers is also changing - dubbed the "gig economy."
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It wasn't until the 90's that the startup world began to take shape. Back in the days, working for a startup was not a popular choice at all, most people would opt to work for a big corporation because of the impressive reputation that precedes the brand, job stability, better mentorship, and higher salary among others, which are not typically found in a startup. Arguably, that is still the pattern to this day, however, it's much less prevalent.
As we wrap up the Chinese New Year celebrations and return to the daily grind feeling inspired, people often use this moment to reassess their career and personal goals as they plan for a successful year ahead. Perhaps, January wasn't as productive as planned as some people are still recovering from the Christmas and New Year hangover. Don't worry, according to the Chinese solar calendar, that was last year. So let the bygones be bygones! It's time to step on the gas and get to where you want to be. We shortlisted 5 ways you should be doing to give your career a head start.
Hello, Founders! Are you a foreigner needing to set up an organization or expanding one in Malaysia to catch the ASEAN market? Use this post as a guideline so you can take advantage of Malaysia's potential as a key market hub in the region.