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10 ways ICC made business work in 2020 - ICC - International Chamber of Commerce

10 ways ICC made business work in 2020 News • Paris, 29/12/2020 In a year that put to the test ICC’s ability to mobilise business behind global challenges, our pioneering spirit shone through to ensure our global institution lived up to its reputation as the trusted voice of business on issues facing people and planet. We’re taking a look back at our ground-breaking year to wrap up just 10 ways in which we made business work for everyone, every day, everywhere. Saving lives and livelihoods – ICC acts against Covid-19 Before Covid-19 had a name, ICC Secretary General John W.H. Denton AO responded to the outbreak of coronavirus in China underscoring the need for a coordinated effort to protect lives, livelihoods and the global economy.

Gig Economy Is Growing Rapidly in Malaysia but More Inclusive Financial Services are Needed, According to Industry Professionals

Search Gig Economy Is Growing Rapidly in Malaysia but More Inclusive Financial Services are Needed, According to Industry Professionals December 24, 2020 @ 8:58 pm By Omar Faridi The gig economy has been growing steadily in Asian countries like Malaysia, particularly at a time when the COVID-19 outbreak is forcing residents to pick up side jobs to supplement their earnings during these uncertain times. Although the gig economy or temp work opportunities are becoming increasingly available, freelancers, self-employed and gig workers are financially underserved, according to industry professionals. During an online event organized by Fintech News Malaysia, senior management professionals from Malaysia Digital Economy Corporation (MDEC), UN Capital Development Fund (UNCDF), Employees’ Provident Fund (EPF), and Grab Malaysia talked about why traditional financial service providers aren’t offering products that fit gig workers’ requirements, and what should be done to provide t

Experts tip on managing cash flows in volatile environment

Experts tip on managing cash flows in volatile environment December 23, 2020 Charles Ocici (R) tips entrepreneurs Entrepreneurs have been urged to properly manage their cash flows so as to survive in this volatile environment characterized by depressed consumer demand caused by the Covid-19 pandemic, writes ERNEST JJINGO. Charles Ocici, the Enterprise Uganda executive director, said that businesses need to keenly watch their cash flows than ever before to ensure that their businesses remain in a healthy position. “Analyze and see what you could do to improve sales which is the key source of cash flow. But as revenues come in, look at the outflows too; manage them well so that you balance inflows with the outflows. Do away with all sorts of luxuries,” Ocici said.

TrueMoney expands foreign user base and launches TrueMoney Wallet for Foreigners with Burmese language version

Offers convenient and highly secure ‘Everyday Payment’ services to more than 2.4 million foreign workers in Thailand TrueMoney, Southeast Asia’s leading e-payment and financial service provider, is  expanding its foreign e-Wallet user base in Thailand by introducing “TrueMoney Wallet for Foreigners” to facilitate financial inclusion and deliver a cashless payment experience to foreign users and migrant workers in Thailand. In addition to  the Thai and English language available in the TrueMoney Wallet application, TrueMoney has added the Burmese language to its application to serve more than 2 million Burmese workers in Thailand, and allow safe and more convenient cross-border remittances from Thailand to Myanmar free of any transfer fees through the “In-App TrueMoney Transfer” feature.

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