The shock wave of the coronavirus is driving technological adoption in unanticipated ways around the globe, transforming societies and economies at a pace that would have seemed unimaginable just a few years ago. In particular, companies enabling communication and exchange of services and goods over distance have seen notable increases in adoption and usage. Fintech…
With the economy expected to remain on rocky footing potentially beyond 2020 and COVID-19 quarantines and lockdowns ebbing and flowing on a rolling basis, new trends in consumer sentiment and behaviors are emerging globally. According to a new Future Consumer Index published by Ernst & Young, 42% of surveyed consumers believe that their shopping habits…
Brazil has been in the news for all the wrong reasons since the coronavirus began to ravage Latin America’s largest country. At the heart of the controversy is President Jair Bolsonaro who has provoked a hail of criticism from health experts for his opposition to measures aimed at stifling the spread of the virus. Dismissing…
The lower valuations caused by the economic uncertainty gripping the world provide a great opportunity for investors, says a serial digital entrepreneur. “The economic fallout of what’s happened is just starting to be realized. At the moment, a lot of the investors are sitting on the sidelines, yet some are taking advantage of investment opportunities,”…
MANILA, Philippines (Via News) – Considered as the “worst shock” to the Philippine economy since the global crisis a decade ago, the economy here is set to suffer more disruptive impacts as its central bank foresees a massive slowdown in its economic growth as the country continues to combat the spread of COVID-19. The government…
Long before the coronavirus unleashed a massive wave of shock across the world, economists had envisioned several scenarios for a possible recession in Europe. However, few would have thought that some of the largest economies in the world would find themselves at war with a novel virus. The coronavirus has brought economic activities almost to…
Most startup enterprises in Europe are “undervalued”, says the director of Startup Portugal, who believes that the local nature of funding in the European entrepreneurial ecosystem makes an investment bubble scenario unlikely. “I think this is more a US problem than a European problem,” João Mendes Borga told Via News in an exclusive interview when…
The impact of a potential recession on startups is different than its effect on large companies because of their different structures, says the director of Startup Portugal, who believes that entrepreneurs thrive on challenges. Startups are different than large corporations in nature and act differently when it comes to industry recession or real estate recession,…
With the rapid spread of the novel coronavirus, the world woke up to a new reality that looked like a scene out of an apocalyptic movie. Millions of lives have been altered by the public health crisis, which began in the Hubei province of China late last year and has since engulfed a large number…
Portugal, like many other countries in the world, has not left unscathed by the ongoing coronavirus epidemic, with the social and business landscape being transformed in a manner never seen before. The Portuguese government has put a raft of measures in place to combat the spread of the virus and has announced several initiatives to…
