Micro, small, and medium Enterprises (MSMEs) have an important role in driving the economy of countries in Southeast Asia. According to data from the Economic Research Institute for ASEAN and East Asia (ERIA), there are currently more than 70 million MSMEs in Southeast Asia, employing more than 140 million people and representing 99 percent of all businesses in the region. In Singapore, SMEs are the heart of its economy, employing two-thirds of the workforce and contributing nearly half of … [Read more...] about Supporting MSMEs for a healthier community in Singapore and Indonesia
Industry
VOG, 80 years of innovation in the apple industry
The Consortium kicks off its 80th anniversary celebrations at Fruit Logistica. Chapter one: the past, a pioneering history that laid the foundations for the development of the industry. 2025 marks an important anniversary for VOG – Home of apples: 80 years dedicated to its origins, expertise, sustainability, and the development of products and brands that can drive forward the apple segment. The celebrations of this milestone anniversary will last throughout 2025, mirroring the … [Read more...] about VOG, 80 years of innovation in the apple industry
Grundfos delivers satisfactory financial results despite market headwinds in 2024
In a challenging year with market headwinds, profitability for Grundfos remained strong. The company experienced a 2.4% sales decline in 2024 but returned to moderate organic growth in the second half of the year. Coinciding with the release of the 2024 results, the company announces its ambitious 2040 winning aspiration and a new strategy, Ignite’27. Grundfos, a global leader in advanced pump and water solutions, has today reported its full-year results for 2024. Sales development vs. … [Read more...] about Grundfos delivers satisfactory financial results despite market headwinds in 2024
