
Month: October 2021



Growing love for Organic Skincare
The global organic skincare market is forecasted to grow annually at 8.3% between 2020 and 2027. During this period, this market is expected to reach US$ 32.3 billion.

Indonesians’ attitudes towards Health and Wellness
Spire DCEO, Japnit Singh, discussed the opportunities for Indonesian Food and Beverage (F&B) manufacturers at a U.S. Dairy Export Council’s (USDEC) webinar on 21 October 2021.

Global Digitalisation fuels Cross Border Payments
The digitalisation of the world is blurring the physical borders between countries and driving the growth of cross border payments. The global cross border payment market is growing at 5% per annum and is expected to reach US$ 156 trillion in 2022.

Recipe for building enduring, resilient businesses
Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his thoughts on building enduring, resilient businesses with The Business Times, Singapore.

1 in 10 are still hungry
World Food Day, on 16 Oct, follows Hunger Awareness Month in September. While global food production can feed the world’s population at 1.5 times, almost 1 in every ten people does not have enough to eat.

Covid-19 Pandemic and Indonesia’s Pivot to Teleconferencing
With over 171 million Internet users, Indonesia is the largest and fastest-growing digital economy in Asia. Indonesia’s digital economy is projected to swell to US$ 133 billion by 2025. And teleconferencing technology adoption in the country is relatively high when compared to its fellow developing peers in ASEAN.

Global trend towards organic food
Despite being a niche market, the organic food market is showing strong growth prospects. In India, its organic food market size is projected to grow 20% annually between 2021 and 2026.
