Global economy stories

Singapore's 2025 Budget launches extensive measures to boost SME competitiveness, featuring a USD $3 billion productivity fund and AI integration support.

A study by Modulr reveals that 75% of UK accountants are facing rising demand for advisory services, while inefficiencies in payment processes hinder productivity.

The rise of artificial intelligence is reshaping procurement and cybersecurity, as firms look to harness its potential while safeguarding critical data.

New Zealand stands on the brink of becoming a global tech leader, but it must cultivate more sustainable start-ups rather than focusing solely on unicorns.

Adrian Przelozny forecasts a transformative 2025 for cryptocurrency, buoyed by pro-crypto US policies and growing institutional investment.

Zendesk has appointed Mitch Young as Senior Vice President for Asia Pacific, tasked with driving the company's growth in key markets like Australia and India.

Financial crime is set to cost global economies USD $485.6 billion in 2023, prompting calls for Corporate Digital Identity to enhance fraud prevention.

Kaseya predicts a transformative future for Managed Service Providers, as technology enables small to mid-sized businesses to compete with larger firms.

FedEx's latest economic impact report reveals a USD $1.7 billion boost to the Asia-Pacific economy in FY 2024, enhancing regional commerce and connectivity.

New research reveals UK STEM professionals lose six hours weekly due to inadequate AI access, costing the economy GBP £64 billion annually.

Everest Group aims to boost impact sourcing in tech services from 350,000 to 500,000 by 2025, with projections of 505,000 to 535,000 for 2024.

Fiverr's new Financial Services Vertical targets startups with critical finance roles, reflecting a 7.7% industry growth. The platform now offers nearly two dozen specialty financial services, from asset valuation to fractional CFOs.

Certinia has launched its Customer Success Cloud, seamlessly integrating with its Professional Services Cloud to offer unified customer journey insights and collaboration tools, built natively on Salesforce.

A Certinia report reveals 43% of firms see staff AI training as key for 2024, while 38% plan to hire AI talent. Will firms adapt swiftly enough?.

Alcatel-Lucent Enterprise expands partnerships with ACA Pacific and Exclusive Networks Singapore to offer Network as a Service.

AI could revolutionise KiwiSaver accounts by providing real-time data insights, optimising investments, and driving wealth creation for 3.25+ million investors.

New report reveals a worrying concentration of cyber risks in just 15 vendors, underlining the global economy's vulnerability to third-party cyber threats.

Code Institute introduces a €250,000 Spring Scholarship Fund, aiming to remove financial barriers for aspiring software developers amid global economic difficulties.

Tech Secretary Michelle Donelan announces a £1.5m government campaign to stimulate investment in UK science and technology startups.

'AI-nxiety' amongst tech professionals is prevalent, but generative AI presents an opportunity rather than a threat, potentially driving further innovation and efficiency within the industry.