Inflation stories

Debt is increasingly concerning for young adults in Singapore, with rising average loan sizes highlighting financial pressures despite a drop in applications.

As the holiday season approaches, retailers face new challenges in adapting strategies amidst inflation and changing consumer behaviour, aiming for peak performance.

Australia faces a surge in corporate insolvencies, with tech firms like Plutora racking up debts of AUD $37.3 million as businesses turn to software escrow for protection.

Late payments cost Kiwi small businesses GBP £827 million in 2023, threatening their survival and hampering economic growth amidst rising inflation and interest rates.

As Cyber Weekend approaches, Australian retailers face increased pressure to enhance delivery services amid subdued spending and rising consumer expectations.

Australia's retail sector sees cautious growth amid falling inflation, with technology seen as key to cutting costs and boosting efficiency.

Vistage’s Q3 2024 CEO Confidence Index reveals a drop from 111.6 to 107.1, highlighting economic uncertainty for UK and Ireland SMEs amidst the looming Autumn Budget.

As Australia's retailers navigate inflation and reduced spending, improved order fulfilment during peak season is crucial for operational efficiency and customer loyalty.

A study by Constant Contact shows that 60% of A/NZ consumers are spending less at SMBs due to inflation, the highest rate among surveyed regions.

Auckland's tech hiring market sees cautious optimism as Reserve Bank rate cuts uplift sentiment, but slow recovery and 'brain drain' pose challenges.

Implementing financial wellness programs can help Australian companies save significantly by reducing absenteeism and staff turnover, boosting productivity.

The cryptocurrency market plummets nearly 20%, dropping to USD $1.76 trillion, as Bitcoin and Ethereum face double-digit declines.

Australia’s 3G networks will be decommissioned next month, posing potential disruptions for retailers and hospitality businesses that rely on outdated tech.

Solar panel installations in England plummeted to 63,000 in the first half of 2024, a 25% decrease from last year, but experts predict a rebound.

Kyriba's Q1 2024 Currency Impact Report has revealed a USD $9.83 billion negative impact due to currency fluctuations, signalling heightened FX risks for global firms.

Chronos Agency has expanded into Australia, appointing Nina Jung as Chief Revenue Officer, as demand grows for sustainable ecommerce strategies focused on customer retention.

Adobe reports a record USD $14.2 billion in Amazon Prime Day sales for US retailers, an 11% YoY increase, driven by a surge in mobile shopping and steep discounts.

Vistage’s latest UKI SME CEO Confidence Index reveals growing optimism among business leaders, with 62% forecasting a revenue boost in the next year ahead of the General Election.

Adobe projects a record-breaking USD $14 billion online spend for Prime Day, driven by significant discounts, mobile shopping, and BNPL services.

Shopify's Southeast Asia Retail Report 2024 reveals 68% of regional retailers will up social commerce spending amid economic challenges, driven by rising consumer engagement on platforms like TikTok.