The Week in Retrospect (Dec 1-7)

Just in time for Christmas, our news discuss the hottest (and weirdest holiday deals) and the billion dollar potential of South East Asia that could go to waste.

Data loss and downtime costly to Singapore businesses: Data loss and downtime cost businesses in Singapore US$1 billion (S$1.3 billion) in the past 12 months. 70 per cent of local businesses are still not fully confident in their ability to recover after a disruption, resulting in loss of both revenue and employee productivity.

The hottest holiday deals are for items you’d never give as gifts: Retailers engage in all sorts of tactics to manipulate customers into buying things they otherwise wouldn’t. A surprisingly effective way to encourage festive shopping is by offering dramatic discounts on everyday items.

Volkswagen Group conducts feasibility study into possible F1 entry: The world’s second largest car maker, owning brands such as Audi, Lamborghini and Bentley, is undertaking a market research study to examine whether joining F1 could be a marketing goldmine.

Productivity bars South East Asia from full potential: As grand plans are laid out to improve infrastructure in South East Asia, the community is facing a challenge when maximising the potential of the region’s workforce.

 

 

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