The COVID-19 crisis has accelerated the rate of digital transformation and growth of the Digital Economy. The coronavirus pandemic triggered not one but two crises of an unprecedented scale – a global health crisis and an economic crisis. As borders closed, cities go into lockdowns, and social distancing measures mandated, many small-medium enterprises (SMEs), across […]
To prepare for the digital new normal, small-medium businesses will need to embark on digital transformation the soonest possible. To transform from a traditional SME/organisation to become a digital enterprise/organisation doesn’t happen overnight in a single step. Digital transformation is not something to simply assign to the IT department to undertake, it takes commitment from […]
In our part 1 of the blog, we shared on the state of China’s digital economy . In this blog, we will share on a few key emerging trends in China’s digital transformation as it emerges from the COVID-19 pandemic crisis. Firstly, the lockdowns in many cities across China earlier this year have accelerated the […]
China’s digital economy registered RMB 35.8 trillion (USD 5.07 trillion) in 2019, according to the China Academy of Information and Communications Technology (CAICT), a government think tank. CAICT published a white paper on “Development of China’s Digital Economy (2020)” on 6th July 2020, highlighting that digital economy now already accounts for more than 36% of […]
Askvisor founder and principal consultant Khengwah Koh will be sharing at the World Forum Digital 2020 on the topic of “Post-Pandemic New Normal – What SMBs, startups, and individuals can do to prepare?” We have the coronavirus crisis happening at the same time as we near the tipping point of the long-term debt cycle. As […]