As the pandemic upends businesses, more Singapore firms turn to selling online_老虎社区_美港股上老虎

As the pandemic upends businesses, more Singapore firms turn to selling online

CNBC2021-06-29

Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations. Even small and medium sized companies, ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

135

Kikiooi
·2021-06-29
Singapore always adapt fast and COVID will be part of the daily life here. We ready for itsoon.
回复
2
举报
sylarspock
·2021-06-29
This is good.
回复
2
举报
许哲东
·2021-06-29
In Singapore I'm prefer using shopee own by SEA Ltd
回复
4
举报
收起
- sylarspock:
  Yes. Prefer shopee over lazada
  2021-06-29
  回复
  举报
derrickkk
·2021-06-29
Wow
回复
点赞
举报
Potato3
·2021-06-29
Adaptation is part of any business or whittleaway..
回复
1
举报
收起
- Kikiooi:
  Agree
  2021-06-29
  回复
  举报
crtyn
·2021-06-29
Like and comment, thanks
回复
1
举报
收起
- 迈向财富自由:
  Ok
  2021-06-29
  回复
  举报
Deonc
·2021-06-29
Good. Please like and comment
回复
3
举报
收起
- ThaigerB:
  Awesome
  2021-06-29
  回复
  举报
- ThaigerB:
  Good
  2021-06-29
  回复
  举报
- Deonc:
  thanks
  2021-06-29
  回复
  举报
rhengheng
·2021-06-29
Cashless
回复
1
举报
开开心心好心情的兄弟
·2021-06-29
Online too competitive
回复
4
举报
收起
- Potato3:
  More easier access to buyers at the current moment as well as larger market reach
  2021-06-29
  回复
  举报
- Hengfc:
  agree
  2021-06-29
  回复
  举报
ils
·2021-06-29
Shopee pee pee pee
回复
3
举报
收起
- lzh77:
  shopee but I never enter so sad
  2021-06-29
  回复
  举报
n0n01972
·2021-06-29
Aaaaaaaa
回复
5
举报
收起
- n0n01972:
  aaaaaaaaa
  2021-06-29
  回复
  举报
Pigmonkey
·2021-06-29
Like pls
回复
7
举报
收起
- henghm:
  like and comment
  2021-06-29
  回复
  举报
Traderabbit
·2021-06-29
Like n comment pls
回复
7
举报
收起
- hkwan:
  done
  
  pls like n comment back in this comment tq
  2021-06-29
  回复
  举报
- Pigmonkey:
  Like bk plS
  2021-06-29
  回复
  举报
- henghm:
  like and comment
  2021-06-29
  回复
  举报
查看更多 2 条评论
Lawrence88
·2021-06-29
Please like
回复
6
举报
收起
- Jasonlim:
  trend
  2021-06-29
  回复
  举报
AtwoZ
·2021-06-29
Like n comment Pls. Tq
回复
7
举报
收起
- Ahjennn:
  Ok
  2021-06-29
  回复
  举报
AngieHeng
·2021-06-29
666
回复
5
举报
收起
- crtyn:
  Like and comment, thanks
  2021-06-29
  回复
  举报
Helen23
·2021-06-29
Good info
回复
点赞
举报
Desmond84
·2021-06-29
Huat lah
回复
7
举报
khaukk
·2021-06-29
likes n comment thanks
回复
5
举报
收起
- ShenSiang:
  Done
  2021-06-29
  回复
  举报
- Spaceship:
  Done
  2021-06-29
  回复
  举报
Allenchang
·2021-06-29
Like and comment please
回复
7
举报
收起
- ShenSiang:
  Done
  2021-06-29
  回复
  举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/1148809767?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-06-29 09:05","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1148809767","market":"sg","top_or_hot":-1,"title":"As the pandemic upends businesses, more Singapore firms turn to selling online","media":"CNBC","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">网页链接</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","article_id":"1148809767","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","pubTimestamp":1624928703,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"随着疫情颠覆企业，更多新加坡公司转向在线销售","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":159053140,"gmtCreate":1624932439280,"gmtModify":1633946824559,"author":{"id":"3574639507377836","authorId":"3574639507377836","name":"Kikiooi","avatar":"https://static.tigerbbs.com/81135f833a61d8d0899dff1c77b07e72","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574639507377836","authorIdStr":"3574639507377836"},"htmlText":"Singapore always adapt fast and COVID will be part of the daily life here. We ready for itsoon.","listText":"Singapore always adapt fast and COVID will be part of the daily life here. We ready for itsoon.","text":"Singapore always adapt fast and COVID will be part of the daily life here. We ready for itsoon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159053140","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159025071,"gmtCreate":1624932227593,"gmtModify":1633946829000,"author":{"id":"3582677817626222","authorId":"3582677817626222","name":"sylarspock","avatar":"https://static.tigerbbs.com/af2ee7f5466dab8465d661a72c047672","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582677817626222","authorIdStr":"3582677817626222"},"htmlText":"This is good.","listText":"This is good.","text":"This is good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159025071","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159067704,"gmtCreate":1624931875108,"gmtModify":1633946835085,"author":{"id":"3555237785078725","authorId":"3555237785078725","name":"许哲东","avatar":"https://static.tigerbbs.com/9061503cb3d4f9ac3d7d9de3f72b29ab","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3555237785078725","authorIdStr":"3555237785078725"},"htmlText":"In Singapore I'm prefer using shopee own by SEA Ltd","listText":"In Singapore I'm prefer using shopee own by SEA Ltd","text":"In Singapore I'm prefer using shopee own by SEA Ltd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159067704","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5062394,"gmtCreate":1624932247254,"gmtModify":1635242173799,"authorId":3582677817626222,"author":{"id":3582677817626222,"idStr":"3582677817626222","authorId":3582677817626222,"name":"sylarspock","avatar":"https://static.tigerbbs.com/af2ee7f5466dab8465d661a72c047672","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159067704,"type":1,"supId":0,"prevId":0,"content":"Yes. Prefer shopee over lazada","text":"Yes. Prefer shopee over lazada","html":"Yes. Prefer shopee over lazada"}],"langContent":"EN"},{"id":159018997,"gmtCreate":1624930972819,"gmtModify":1633946857017,"author":{"id":"3573378006565012","authorId":"3573378006565012","name":"derrickkk","avatar":"https://static.tigerbbs.com/d031d2d5e48431fccde59deb7a03d6fb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573378006565012","authorIdStr":"3573378006565012"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159018997","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159037496,"gmtCreate":1624930806915,"gmtModify":1633946861037,"author":{"id":"3576629019645766","authorId":"3576629019645766","name":"Potato3","avatar":"https://static.tigerbbs.com/27c3506ac91aba524d8796fabd50c2f8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576629019645766","authorIdStr":"3576629019645766"},"htmlText":"Adaptation is part of any business or whittleaway..","listText":"Adaptation is part of any business or whittleaway..","text":"Adaptation is part of any business or whittleaway..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159037496","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5062448,"gmtCreate":1624932458143,"gmtModify":1635242168236,"authorId":3574639507377836,"author":{"id":3574639507377836,"idStr":"3574639507377836","authorId":3574639507377836,"name":"Kikiooi","avatar":"https://static.tigerbbs.com/81135f833a61d8d0899dff1c77b07e72","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159037496,"type":1,"supId":0,"prevId":0,"content":"Agree","text":"Agree","html":"Agree"}],"langContent":"EN"},{"id":159031833,"gmtCreate":1624930542822,"gmtModify":1633946866610,"author":{"id":"3581556523917541","authorId":"3581556523917541","name":"crtyn","avatar":"https://static.tigerbbs.com/62554f7ddf70dc78b9e6f2cc7c56c702","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581556523917541","authorIdStr":"3581556523917541"},"htmlText":"Like and comment, thanks","listText":"Like and comment, thanks","text":"Like and comment, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159031833","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5062060,"gmtCreate":1624931116334,"gmtModify":1635242205658,"authorId":3581679692120260,"author":{"id":3581679692120260,"idStr":"3581679692120260","authorId":3581679692120260,"name":"迈向财富自由","avatar":"https://static.tigerbbs.com/041a50da1c64743f0c9442a4e6f619d0","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159031833,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":159095145,"gmtCreate":1624930345487,"gmtModify":1633946870788,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3569316529855154","authorIdStr":"3569316529855154"},"htmlText":"Good. Please like and comment&nbsp;","listText":"Good. Please like and comment&nbsp;","text":"Good. Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/159095145","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061848,"gmtCreate":1624930457266,"gmtModify":1635242225817,"authorId":3579576204997725,"author":{"id":3579576204997725,"idStr":"3579576204997725","authorId":3579576204997725,"name":"ThaigerB","avatar":"https://static.tigerbbs.com/8a8c11fe841ba6ed0f15e36becdaa772","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159095145,"type":1,"supId":0,"prevId":0,"content":"Awesome","text":"Awesome","html":"Awesome"},{"id":5061878,"gmtCreate":1624930553897,"gmtModify":1635242222988,"authorId":3579576204997725,"author":{"id":3579576204997725,"idStr":"3579576204997725","authorId":3579576204997725,"name":"ThaigerB","avatar":"https://static.tigerbbs.com/8a8c11fe841ba6ed0f15e36becdaa772","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159095145,"type":1,"supId":0,"prevId":0,"content":"<u>Good</u>","text":"<u>Good</u>","html":"<u>Good</u>"},{"id":5065441,"gmtCreate":1624949545578,"gmtModify":1635241852215,"authorId":3569316529855154,"author":{"id":3569316529855154,"idStr":"3569316529855154","authorId":3569316529855154,"name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159095145,"type":1,"supId":0,"prevId":0,"content":"<u>thanks</u>","text":"<u>thanks</u>","html":"<u>thanks</u>"}],"langContent":"EN"},{"id":159096953,"gmtCreate":1624930274372,"gmtModify":1633946872504,"author":{"id":"3577612953569737","authorId":"3577612953569737","name":"rhengheng","avatar":"https://static.tigerbbs.com/58bf6b16a89ff371c6c0942ad99039ea","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577612953569737","authorIdStr":"3577612953569737"},"htmlText":"Cashless","listText":"Cashless","text":"Cashless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159096953","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159093934,"gmtCreate":1624930192628,"gmtModify":1633946874745,"author":{"id":"3569313801991301","authorId":"3569313801991301","name":"开开心心好心情的兄弟","avatar":"https://static.tigerbbs.com/dff103551cc901aee1ee3b3d32ec232c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569313801991301","authorIdStr":"3569313801991301"},"htmlText":"Online too competitive","listText":"Online too competitive","text":"Online too competitive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/159093934","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061948,"gmtCreate":1624930750444,"gmtModify":1635242217491,"authorId":3576629019645766,"author":{"id":3576629019645766,"idStr":"3576629019645766","authorId":3576629019645766,"name":"Potato3","avatar":"https://static.tigerbbs.com/27c3506ac91aba524d8796fabd50c2f8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159093934,"type":1,"supId":0,"prevId":0,"content":"More easier access to buyers at the current moment as well as larger market reach","text":"More easier access to buyers at the current moment as well as larger market reach","html":"More easier access to buyers at the current moment as well as larger market reach"},{"id":5062125,"gmtCreate":1624931362067,"gmtModify":1635242199133,"authorId":3581819974565133,"author":{"id":3581819974565133,"idStr":"3581819974565133","authorId":3581819974565133,"name":"Hengfc","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159093934,"type":1,"supId":0,"prevId":0,"content":"<u>agree</u>","text":"<u>agree</u>","html":"<u>agree</u>"}],"langContent":"EN"},{"id":159006632,"gmtCreate":1624929973526,"gmtModify":1633946880433,"author":{"id":"3568890919326854","authorId":"3568890919326854","name":"ils","avatar":"https://static.tigerbbs.com/6a72854f276a4356cfa05e00cab8f047","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3568890919326854","authorIdStr":"3568890919326854"},"htmlText":"Shopee pee pee pee","listText":"Shopee pee pee pee","text":"Shopee pee pee pee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159006632","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061795,"gmtCreate":1624930232163,"gmtModify":1635242231324,"authorId":3581654499912172,"author":{"id":3581654499912172,"idStr":"3581654499912172","authorId":3581654499912172,"name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159006632,"type":1,"supId":0,"prevId":0,"content":"shopee but I never enter so <u>sad</u>","text":"shopee but I never enter so <u>sad</u>","html":"shopee but I never enter so <u>sad</u>"}],"langContent":"EN"},{"id":159008248,"gmtCreate":1624929929484,"gmtModify":1633946880677,"author":{"id":"3586767385003950","authorId":"3586767385003950","name":"n0n01972","avatar":"https://static.tigerbbs.com/9ac99365d622f325bac2b4497db72841","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586767385003950","authorIdStr":"3586767385003950"},"htmlText":"Aaaaaaaa","listText":"Aaaaaaaa","text":"Aaaaaaaa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159008248","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061745,"gmtCreate":1624930041068,"gmtModify":1635242236209,"authorId":3586767385003950,"author":{"id":3586767385003950,"idStr":"3586767385003950","authorId":3586767385003950,"name":"n0n01972","avatar":"https://static.tigerbbs.com/9ac99365d622f325bac2b4497db72841","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159008248,"type":1,"supId":0,"prevId":0,"content":"<u>aaaaaaaaa</u>","text":"<u>aaaaaaaaa</u>","html":"<u>aaaaaaaaa</u>"}],"langContent":"EN"},{"id":159001110,"gmtCreate":1624929888830,"gmtModify":1633946881740,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Pigmonkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3568071651427696","authorIdStr":"3568071651427696"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159001110","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061716,"gmtCreate":1624929912020,"gmtModify":1635242238788,"authorId":3578451349447391,"author":{"id":3578451349447391,"idStr":"3578451349447391","authorId":3578451349447391,"name":"henghm","avatar":"https://static.tigerbbs.com/ca41bf4eae57d98d93422d97c7246c98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159001110,"type":1,"supId":0,"prevId":0,"content":"like and comment","text":"like and comment","html":"like and comment"}],"langContent":"EN"},{"id":150777266,"gmtCreate":1624929759755,"gmtModify":1633946885009,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/150777266","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061700,"gmtCreate":1624929873122,"gmtModify":1635242240625,"authorId":3572473945197433,"author":{"id":3572473945197433,"idStr":"3572473945197433","authorId":3572473945197433,"name":"hkwan","avatar":"https://static.tigerbbs.com/77e90a3687fc7bea68ab1062dc6f91d0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150777266,"type":1,"supId":0,"prevId":0,"content":"done<p></p>\n<p>pls like n comment back in this comment <u>tq</u></p>","text":"done<p></p>\n<p>pls like n comment back in this comment <u>tq</u></p>","html":"done<p></p>\n<p>pls like n comment back in this comment <u>tq</u></p>"},{"id":5061701,"gmtCreate":1624929878937,"gmtModify":1635242240501,"authorId":3568071651427696,"author":{"id":3568071651427696,"idStr":"3568071651427696","authorId":3568071651427696,"name":"Pigmonkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150777266,"type":1,"supId":0,"prevId":0,"content":"Like bk plS","text":"Like bk plS","html":"Like bk plS"},{"id":5061703,"gmtCreate":1624929885866,"gmtModify":1635242240253,"authorId":3578451349447391,"author":{"id":3578451349447391,"idStr":"3578451349447391","authorId":3578451349447391,"name":"henghm","avatar":"https://static.tigerbbs.com/ca41bf4eae57d98d93422d97c7246c98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150777266,"type":1,"supId":0,"prevId":0,"content":"like and comment","text":"like and comment","html":"like and comment"},{"id":5098064,"gmtCreate":1625190173305,"gmtModify":1635239225356,"authorId":3562988560310363,"author":{"id":3562988560310363,"idStr":"3562988560310363","authorId":3562988560310363,"name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150777266,"type":1,"supId":5061703,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":5098065,"gmtCreate":1625190179386,"gmtModify":1635239225234,"authorId":3562988560310363,"author":{"id":3562988560310363,"idStr":"3562988560310363","authorId":3562988560310363,"name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150777266,"type":1,"supId":5061700,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":150773093,"gmtCreate":1624929457012,"gmtModify":1633946892074,"author":{"id":"3583102796843762","authorId":"3583102796843762","name":"Lawrence88","avatar":"https://static.tigerbbs.com/c41c8eaaa633222579542cff942fc801","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583102796843762","authorIdStr":"3583102796843762"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150773093","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061591,"gmtCreate":1624929478914,"gmtModify":1635242252286,"authorId":3583013291377509,"author":{"id":3583013291377509,"idStr":"3583013291377509","authorId":3583013291377509,"name":"Jasonlim","avatar":"https://static.tigerbbs.com/267c1a2f725df0fb1a5215f427359d1e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150773093,"type":1,"supId":0,"prevId":0,"content":"<u>trend</u>","text":"<u>trend</u>","html":"<u>trend</u>"}],"langContent":"EN"},{"id":150744474,"gmtCreate":1624929305598,"gmtModify":1633946895005,"author":{"id":"3586254379286032","authorId":"3586254379286032","name":"AtwoZ","avatar":"https://static.tigerbbs.com/7347da48f4f74369b5ff3a53a2e36a45","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586254379286032","authorIdStr":"3586254379286032"},"htmlText":"Like n comment Pls. Tq","listText":"Like n comment Pls. Tq","text":"Like n comment Pls. Tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150744474","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061706,"gmtCreate":1624929892203,"gmtModify":1635242239882,"authorId":3577578440393201,"author":{"id":3577578440393201,"idStr":"3577578440393201","authorId":3577578440393201,"name":"Ahjennn","avatar":"https://static.tigerbbs.com/6f889035f499e201d659d4e8e4b6671a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150744474,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":150742420,"gmtCreate":1624929252360,"gmtModify":1633946896303,"author":{"id":"3573467270512711","authorId":"3573467270512711","name":"AngieHeng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573467270512711","authorIdStr":"3573467270512711"},"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150742420","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061906,"gmtCreate":1624930618496,"gmtModify":1635242220925,"authorId":3581556523917541,"author":{"id":3581556523917541,"idStr":"3581556523917541","authorId":3581556523917541,"name":"crtyn","avatar":"https://static.tigerbbs.com/62554f7ddf70dc78b9e6f2cc7c56c702","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150742420,"type":1,"supId":0,"prevId":0,"content":"Like and comment, thanks","text":"Like and comment, thanks","html":"Like and comment, thanks"}],"langContent":"EN"},{"id":150749219,"gmtCreate":1624929049831,"gmtModify":1633946900965,"author":{"id":"3586818316852847","authorId":"3586818316852847","name":"Helen23","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586818316852847","authorIdStr":"3586818316852847"},"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150749219","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150740255,"gmtCreate":1624928999677,"gmtModify":1633946901996,"author":{"id":"3576704984154028","authorId":"3576704984154028","name":"Desmond84","avatar":"https://static.tigerbbs.com/f991074fb39250f413aa21c57e6ad2e4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576704984154028","authorIdStr":"3576704984154028"},"htmlText":"Huat lah","listText":"Huat lah","text":"Huat lah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150740255","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150757516,"gmtCreate":1624928958935,"gmtModify":1633946902705,"author":{"id":"3565793453280627","authorId":"3565793453280627","name":"khaukk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3565793453280627","authorIdStr":"3565793453280627"},"htmlText":"likes n comment thanks","listText":"likes n comment thanks","text":"likes n comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150757516","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061498,"gmtCreate":1624929146088,"gmtModify":1635242262134,"authorId":3571199921041604,"author":{"id":3571199921041604,"idStr":"3571199921041604","authorId":3571199921041604,"name":"ShenSiang","avatar":"https://static.tigerbbs.com/1f4f1e93da6d6ca9664728e4cfc578bb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150757516,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":5061528,"gmtCreate":1624929253993,"gmtModify":1635242258744,"authorId":3554860266902783,"author":{"id":3554860266902783,"idStr":"3554860266902783","authorId":3554860266902783,"name":"Spaceship","avatar":"https://static.tigerbbs.com/88c3cc1a3f30a14fc01ada608b86a898","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150757516,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":150757945,"gmtCreate":1624928938287,"gmtModify":1633946903170,"author":{"id":"3574228994035411","authorId":"3574228994035411","name":"Allenchang","avatar":"https://static.tigerbbs.com/bf64d942e55f3c756282ca09ce5d0be6","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574228994035411","authorIdStr":"3574228994035411"},"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150757945","repostId":1148809767,"repostType":4,"repost":{"id":"1148809767","pubTimestamp":1624928703,"share":"https://www.laohu8.com/m/news/1148809767?lang=&edition=full","pubTime":"2021-06-29 09:05","market":"sg","language":"en","title":"As the pandemic upends businesses, more Singapore firms turn to selling online","url":"https://stock-news.laohu8.com/highlight/detail?id=1148809767","media":"CNBC","summary":"Singapore companies are increasingly moving their businesses online to deal with the disruption that","content":"<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As the pandemic upends businesses, more Singapore firms turn to selling online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs the pandemic upends businesses, more Singapore firms turn to selling online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/29/singapore-companies-adopt-e-commerce-plans-as-covid-upends-businesses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148809767","content_text":"Singapore companies are increasingly moving their businesses online to deal with the disruption that Covid-19 has brought to their brick-and-mortar operations.\nEven small and medium sized companies, which were previously less inclined to operate online, had to rethink their strategies when the pandemic hit.\n\"Pre-Covid, there could have been a little bit of hesitancy, in adopting some of these e-commerce strategies. They will say, no, it takes up too much time. It requires a lot of resources, a lot of investments,\" Selena Ling, chief economist at OCBC bank, told CNBC'sChristine Tan.\n\"But I think what has changed in terms of the mindset, really, in the past 12 to 15 months, is that it's a 'do-or-die' kind of approach,\" she added.\n\n A lot of the businesses, even smaller ones had to pivot to this digital model.Selena LingCHIEF ECONOMIST, OCBC BANK\n\nTo slow the spread of the virus at the peak of the pandemic last year, Singapore's government imposed a \"circuit breaker\" — or a partial lockdown requiring most people to stay and work at home. As a result, many retailers and manufacturers could not open their physical stores, said Ling.\n\"A lot of the businesses, even smaller ones had to pivot to this digital model. And I think a lot of the policy support has also been angled towards trying to help the smaller companies to adopt a digital strategy,\" she said.\nLazada\nJames Chang, CEO of Lazada Singapore, echoed her sentiment that the pandemic has driven many domestic brands and smaller players online to adapt to the changes.\n\"Actually, (the) pandemic really drove a lot of e-commerce adoptions. In three different areas — one is many of the brands went online and many of the SMEs have started the business online,\" he said, referring to small- and medium-sized enterprises. \"The buyer adoption has really expedited.\"\nA vibrant ecosystem\nSoutheast Asia's leading online retailer Lazada is currently helping SMEs grow their e-commerce presence in the city-state.\n\"In order for an entrepreneur to start their retail business, the cost of entering has been very high. If we can bring down the barrier to the entry, we believe we can really foster and energize a much more vibrant entrepreneurial scene, which can be the foundational pillar to bring more SMEs on to doing business,\" said Chang.\n\n I think one of the big things that Singapore has done is create a financing environment, that's very attractive to young firms starting up.James RootSENIOR PARTNER AND CHAIRMAN, BAIN FUTURES\n\nThe Singapore government has also provided a lot of support in pushing forward digital agendas for domestic businesses since Covid-19 broke out.\n\"I think Singapore has been really supportive of enterprises both large and small, especially during macro-economic shifts such as Covid. The local government has been very supportive in wage grants, in helping to retrain and rescale,\" said Henry Chan, co-founder and CEO of local e-commerce company, ShopBack.\nIn addition, Singapore's e-commerce funding environment has improved tremendously in the last 10 years, and that's helped start-ups to raise capital and grow their business, according to one analyst.\n\"I think one of the big things that Singapore has done is create a financing environment that's very attractive to young firms starting up,\" said James Root, senior partner and chairman at Bain Futures, a global think tank at consulting firm Bain & Company. \"Ten years ago, that wasn't necessarily the case. You'd be hard pushed to find more than a couple of venture capital firms.\"\nToday, there are many who are able to provide financing in the early stages of these companies, he said.\n\"And that growth capital is vital for companies that have overcome the first few bumps of the seed rounds in their early days and are looking to expand into new categories, into new markets,\" Root added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5061502,"gmtCreate":1624929152752,"gmtModify":1635242261761,"authorId":3571199921041604,"author":{"id":3571199921041604,"idStr":"3571199921041604","authorId":3571199921041604,"name":"ShenSiang","avatar":"https://static.tigerbbs.com/1f4f1e93da6d6ca9664728e4cfc578bb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150757945,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":135,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}