How Exchange Rates Impact Small-Medium Enterprises
The world of international trade is no longer dominated by just large corporations; now, small and medium-sized enterprises (SMEs) also participate, benefiting from technological advancements and global market access to expand their reach and compete internationally. Yet, navigating this expanded arena comes with unique challenges, particularly the influence of foreign exchange (FX) rates. Understanding and […]
GEMx Technologies Shines at Singapore Business Show 2023
The Singapore Business Show 2023, held at the prestigious Singapore Expo on the 30th and 31st of August, proved to be an exhilarating two-day journey for the GEMx Technologies team. This grand event boasted more than 300 industry-leading exhibitors, all showcasing the latest products and services essential for propelling businesses to new heights. From cutting-edge […]
Decoding Banking Terms – Sort Code, Swift Code & Account Number
In the world of money transfers, there are different ways to move funds – from paying local suppliers for goods, transferring salaries to local outsourced teams, and sending money to your personal connections through mobile internet bank transfers, wire transfers, or digital apps. While these methods facilitate domestic transactions, navigating cross-border financial exchanges requires you […]
Understanding the Difference Between Exchange Rates and Transfer Fees: Why It Matters for Your Business Transactions
The world of finance can be complex to understand for business owners. For business owners engaging in international business transactions, one area that can be mind-boggling is comprehending the distinction between exchange rates and transmission costs. This article will clarify these key concepts and their significance in international business transactions. We will explore the definitions […]
Swift Payments: Levelling the Playing Field for Small Businesses
What is Swift? Swift, which stands for Society for Worldwide Interbank Financial Telecommunication, is a secure messaging network that enables financial institutions worldwide to send and receive information about financial transactions. In simpler terms, it is a system that facilitates international money transfers between banks, making it possible for businesses like ours to send or […]
Scaling Up with E-Wallet Digital Solutions: A Guide to Fast and Efficient Cross-Border Payments
In today’s globalized business landscape, scaling up and expanding operations often involves collaborating with overseas suppliers and a global team. This new modus operandi is raising the stakes in businesses as they have access to an open market, creating new opportunities, and product innovation, enriching a company’s diversity, and bringing a wide range of skills […]
G-EMx Technologies and UIC Group Collaborate to Drive Technological Innovation and Business Growth in Tashkent, Uzbekistan
In another significant event, G-EMx Technologies announced another Memorandum of Understanding (MoU) signing with UIC Group, a distinguished business conglomerate headquartered in Tashkent, Uzbekistan. The strategic MoU was signed between the Founder and CEO of G-EMx Technologies, Mr Asmadi Ahmad, and UIC Group’s CEO, Mr Murodkhuja Muratov, on 26th May 2023. This momentous MoU signing […]
G-EMX Technologies and IT Park Uzbekistan: Powering the Growth of Uzbekistan’s IT Sector
On 29th May 2023, GEMX Technologies, a growing fin-tech solutions provider in Singapore, and IT Park Uzbekistan, a government-backed technology park, joined forces in a collaborative effort to drive the development of Uzbekistan’s thriving IT industry. Under the recently signed memorandum of understanding (MoU), Mr Jahongir Radjabov, Deputy Director of IT Park Uzbekistan, and Mr […]
Expanding Horizons For Global Growth
In a significant stride towards expanding its global presence, G-EMx Technologies was among a select group of business delegates from Singapore invited by the Singapore Business Federation to accompany President Halimah Yacob on a trade visit to Kazakhstan and Uzbekistan earlier this week. G-EMx Technologies was represented by its Founder & CEO, Asmadi Ahmad President Halimah’s visit to […]
7 Productivity Hacks for New Teams
So your startup has a mission, and you’ve hired a talented team to help you get there. As a new team, how do you establish systems and processes to boost productivity and get more done in less time? Here’s a roundup of seven of our top favourite tools that help us strike things off our […]
