In August 2019, Google and UOB launched SME Leadership Academy, a new training program for business leaders. This program is supported by Digital Industry Singapore (DISG) and SkillsFuture Singapore (SSG), and aims to help small- and medium-sized enterprises (SMEs) accelerate their digital transformation and compete more effectively in...
Singapore’s SMEs are still lagging in digital adoption and are not adequately prepared for the national transition to a digital economy, according to the fourth edition of QBE Insurance’s annual survey of Singapore SMEs. The results found that SMEs have been slow to take up cyber protection...
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...
SAP SE, an international cloud company of German origin, announced on 17 October the launch of its Singapore Data Centre for SAP Commerce Cloud for businesses across the Asia Pacific (APAC) region. This promises the ability for them to deliver superior customer experiences by adopting new digital commerce strategies. This comes as...
As the business climate begins to show signs of recovery moving into 2021, experts share their insights on where companies can focus their attention in order to leverage the momentum of the new year. Digitalisation The COVID-19 crisis has highlighted the...
Pace Enterprise (Pace), a fintech solutions provider, has announced an exclusive regional partnership with luxury goods and retail specialist, Valiram.  Through this partnership, Valiram’s brands in the region will offer Pace’s Buy Now Pay Later (BNPL) solution to all its customers, allowing them to...
The Infocomm Media Development Authority (IMDA) and Enterprise Singapore (ESG) further expanded the range of pre-approved digital solutions on 15 May to help Small and Medium-sized Enterprises (SMEs) in the healthcare and education sectors manage the impact of COVID-19. The new teleconsultation (video) solutions...
Prudential Singapore (“Prudential”) has partnered Ngee Ann Polytechnic (“Ngee Ann Poly”) and ST Engineering to equip small and medium-sized enterprises (SMEs) with the knowledge and resources on how to go digital in a safe and secure manner. The support includes a digital commerce playbook...
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...
Micro, small, and medium enterprises' (MSMEs) contributions to the economy and exports have steadily increased over the last few years due to technological advances, government policies, and increasing levels of entrepreneurship across Asia-Pacific (APAC). MSMEs contribute an impressive amount ($15 trillion in 2021) to APAC's gross domestic...