Amazon has launched the Intellectual Property Accelerator (IP Accelerator) in Singapore, facilitating small and medium-sized businesses (SMBs) to obtain trademarks, protect their brands and tackle infringing goods both in Amazon's stores and the broader marketplace. IP Accelerator directly connects Singapore SMB owners with a network of...
The COVID-19 pandemic and the resulting economic downturn has had a significant impact across the Asia Pacific, and Malaysia was not spared. With that said, optimism is already starting to show, with about 33% of companies in Malaysia looking to increase their headcount and 40% maintaining status...
Beehive, a digital platform providing finance solutions to businesses, financial institutions and investors is partnering with Thailand’s Thanachart Bank to launch a digital supply chain that provides improved liquidity for SMEs in Asia.  "It is our strategic direction to enhance our digital technology capability to...
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...
Singapore micro, small and medium-sized businesses (MSMBs) have global ambitions, but COVID-19 and international payments are major stumbling blocks when operating, venturing or expanding abroad, revealed new research released by Wise Business. The study, which polled more than 4,800 MSMBs across the world, found...
The F&B industry is undoubtedly one of the hardest hit industries by COVID-19, resulting in  a more challenging operating environment for many restaurants and eateries. Revenues have significantly dipped and recovery is slow with each phase of Singapore’s COVID-19 journey. Operational factors like steep fixed overhead costs...
In the first edition of Xero Community, organised by accounting software company Xero, small and medium businesses in Singapore got together to decode the 2019 Budget. The Xero Community is a quarterly series of events to provide a platform for local SMEs to learn, connect and take...
More than 500 small and medium-sized enterprises (“SMEs”) in Singapore have gained access to new overseas markets digitally, through digital platforms under the Grow Digital initiative. Sales by Singapore companies to overseas buyers using the platforms have been brisk, growing by at least 10...
Southeast Asian fintech player Grab Financial Group, has launched its SME lending and micro-insurance for drivers in Singapore. The ‘Grow with Grab’ roadmap aims to provide a comprehensive portfolio of financial services in Southeast Asia for micro-entrepreneurs and small businesses. The services include micro-insurance products, post-paid and...
Tech startup Zowedo Pte Ltd has launched an online platform, of the same name, for consumers in Singapore. The company has a mission to democratise the service industry by connecting SMEs to customers. Four months after the soft launch, Zowedo currently offers over 400 service listings and...