WeWork unveiled Singapore findings from its 2019 Global Impact Report  that assesses WeWork’s economic ripple effect for people and businesses, neighborhoods, and cities in 75 cities around the world. WeWork is an American company that provides shared workspaces for technology startup subculture communities, and services for entrepreneurs, freelancers, startups, small...
United Overseas Bank Limited (UOB), Singapore Exchange Limited (SGX) and the China Chamber of International Commerce (CCOIC)have signed a Memorandum of Understanding (MOU) to help Chinese enterprises use Singapore as a launchpad to expand into ASEAN.  The tripartite alliance builds on UOB’s existing collaboration...
Peer-to-peer rental platform MyRent has launched in Singapore recently. MyRent seeks to help Singaporeans monetise their belongings by renting their items out to its community of users. MyRent was co-founded by Ishwar Dhanuka, Mark Kok, and Rahul Sharma. “The idea behind MyRent is to...
Acropower has signed an agreement with Chew’s Agriculture Pte Ltd (CAPL) to build, own and operate a waste-to-energy power plant that will convert poultry waste into energy. Acropower is an 80%-owned subsidiary of ACROMEC, a specialist engineering service provider in the field of controlled...
Global small business platform Xero has revealed that a total of S$4.1 billion worth of invoices were paid late to small businesses in Singapore in 2018. Data from the platform also indicated that last year only 39% of payments to Singapore small businesses...
Asset-based finance (ABF) software company HPD LendScape has opened its first Asian office in Singapore. To mark the opening, the company, together with FCI – a global network of commercial ABF providers – will hold a half-day receivables finance workshop in Singapore with over 30 regional and global banks...
The Asian Development Bank (ADB) has received $12.6 million of funding for 2018 to 2020 from the Women Entrepreneurs Finance Initiative (We-Fi) to generate more resources for Sri Lankan women-led businesses. The grant—one of three awarded under the inaugural call for proposals—enhances ADB’s support...
Enterprise Singapore is focusing on strengthening the startup ecosystem in Singapore by working with global and local partners. This supports the national Research, Innovation and Enterprise 2020 Plan to build a strong core of innovative enterprises and startups to capture global opportunities and create high value jobs...
Nanyang Technological University, Singapore (NTU Singapore), Enterprise Singapore, and the Sustainable Energy Association of Singapore (SEAS) have joined forces to help small and medium-sized enterprises (SMEs) and start-ups innovate, grow and thrive in the competitive energy sector. Serving as a one-stop hub, the new...
A recent survey titled the APAC SMB Digital Maturity Index, released by technology major Cisco has revealed that Small and Medium Businesses (SMBs) in Singapore are the most digitally mature across the Asia Pacific region. Singaporean SMBs were ranked number one among 14 countries from across the region.