The Singapore Business Federation (SBF) organised the Cambodia–Singapore Business Dialogue in mid-January 2020 to update Singapore businesses on Cambodia’s recent reforms to improve the country’s business environment, maintain its competitive edge as well as to create more opportunities for overseas investment. His Excellency Sok Chenda Sophea, Minister...
Enterprise Singapore (ESG) and the Singapore Business Federation (SBF) look forward to expanding partnerships with Indonesia companies in priority sectors of manufacturing, infrastructure, digital economy, and consumer services. In partnership with ESG, SBF will be leading a business mission to Jakarta during Singapore...
Standard Chartered announced on 28 January 2020 its investment into Contour, a blockchain-based open industry platform that will initially focus on digitally creating, exchanging, approving and issuing Letters of Credit (LCs), following the full commercialization of its offering and appointment of CEO Carl Wegner.
Despite the challenges facing Singapore businesses in an uncertain economic climate, nine in 10 businesses now recognize the importance of business transformation to maintain competitiveness and competency. Nearly two in three companies (66%) also view technology adoption as fundamental in transforming their businesses. Internationalization has picked up...
Aon plc , a global professional services firm providing a broad range of risk, retirement and health solutions, announced in January 2020 that it has completed the firm's acquisition of CoverWallet, a digital insurance platform for small and medium-sized businesses. Plans for the acquisition were announced in November 2019.
Singapore based marketing agency, Jack And Chaz Pte Ltd, has signed its first master franchisee in Vietnam in December 2019. Since its founding in 2014, Jack And Chaz has helped several small and medium enterprises (SMEs) achieve brand awareness and optimal sales growth via its marketing strategies. According to...
Lux Research – a provider of tech-enabled research and advisory services – has issued a new report, "State of Innovation in Asia: Key Industries and Players Shaping Asia's Innovative Ecosystem." This report comes in the wake of Asia’s recent innovation boom in terms of R&D spending,...
As Vietnam shifts its focus from low-tech manufacturing to a service-oriented economy, more efforts are going into building its information technology (IT) industry. Vietnam continues to grow as a regional market for both domestic and global technology companies, reports Dezan Shira and Associates. One of...
According to Cisco’s APAC SMB Digital Maturity Index 2019, Singapore is ranked the highest in the digital maturity of its SMBs, positioning the country ahead of Japan, South Korea, ANZ and Greater China. However, reminds Bidhan Roy, Head of Small Business for APJC at Cisco,...
The Monetary Authority of Singapore (MAS) and the Bank for International Settlements (BIS) launched the BIS Innovation Hub Centre in Singapore in November 2019. This is the BIS’s first expansion of its global footprint in 17 years. The BIS Innovation Hub will foster innovation and greater...