1 in 3 customers will leave a brand that they are loyal to after only one bad experience
It can be a hassle for people to convert currencies whenever they want to make international transfers. With a multi-currency global account, be it for business or personal transactions, you can transfer money from a local currency to another with just a few clicks. Continue reading...
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Globalisation, or internationalisation, opens up new business opportunities and allows SMEs to expand beyond their home market. However, while internationalisation is indeed a strategic imperative, it comes with a set of challenges. Open to read more...
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It’s not an everyday occurrence that a brilliant idea will present itself to you. In fact, more often than not, many big ideas are borne out of adversity. The same goes for how TranSwap became a reality.
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Following the theme to this year’s National Day, “Together, Our Singapore Spirit”, discover the importance of supporting local business. Find out how shopping locally contributes to the local economy, community, and environment.
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Founders and CEOs of businesses tend to use the word “growing” and “scaling” interchangeably when they talk about expanding their businesses. While these two concepts might appear similar, they are completely different from one another. Find out the ins and outs of what it takes to scale your business...
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Like it or not, remote working is here to stay. And as a leader, you need to help the employees navigate through problems that could cause misunderstanding and setbacks in work. To do this, heavy communication is required to ensure that business runs smoothly.
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Before you expand your business on a global scale, you need to first understand the international market that you are dabbling into. It is vital to research the feasibility of your plan and what tools are required to execute it.
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Moving abroad comes with a variety of challenges when there is a lack of research and preparation. To avoid being overwhelmed with issues that can be time-consuming to resolve, follow these 5 tips for a hassle-free move!
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TranSwap announces its partnership with a leading cloud integrator in Singapore, 361 Degree Consultancy. This partnership is aimed to provide more solutions and tools for SMEs to grow and globalise...
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National debt erodes the value of a country’s currency. Without a systemic crisis plan set in motion, it will negatively impact investment performance, inflation, job markets and so on. It is crucial that we develop a solid understanding of the relationship between national debt and the currency exchange rate to come up with solutions.
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The global pandemic has dealt a huge blow to many small businesses. Although SMEs have received government fundings, not every small business could thrive. Small businesses are crucial to a country’s economy and they must find ways to survive not only for their sake but for their country as well.
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As exchanging money over the internet has become an everyday occurrence, there are still some downsides to cyberspace that we need to be aware of when it comes to transferring a large sum of money abroad online...
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Many economists have predicted Singapore 2021 economic forecast to have a positive growth despite the impacts of COVID-19. Despite the overall growth, some sectors are not spared from the virus’ destruction.
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Money laundering is a grave offence in Singapore, but what is money laundering and how do we combat it? Read more to find out...
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A global workforce provides many opportunities for an organisation such as reaching new customers and providing resources to interact with the audience in those markets. However, there are significant barriers and challenges companies have to overcome to establish an effective and productive international workforce…
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2020 has been a meaningful year for us at TranSwap. Despite the many hurdles thrown our way, we managed to break through barriers and achieve our goals. Here’s a glimpse of our achievements in the year 2020 and our goals for 2021
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After the Plaza Accord, we will now move towards the formation of the European Union and the current forex exchange that we are familiar with. Open to read more...
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Foreign exchange is one of the biggest and most accessible markets in the world. Read more to find out the history behind foreign exchange and how it has shaped the market...
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