Singapore signed a second protocol amending the Comprehensive Economic Cooperation Agreement (CECA), which will boost bilateral trade with India, with both sides agreeing to expand the coverage of tariff concessions. The provisions of the Second Protocol will come into effect from September 14, 2018. "The two countries are exploring the possibility of launching...
HSBC Singapore has launched an exclusive full suite of banking services and tailored solutions to select small and medium enterprises (SMEs). Operating on a per invitation basis, the accelerator programme titled Pioneer will provide tailored business solutions, flexibility, support and expertise for SMEs who are not able to access banking services...
DBS will create a B2B platform for small and medium enterprises (SMEs) to sell their goods and services to large corporate and multinational corporations (MNCs). DBS is collaborating with Singtel for the SME portal which will instantly connect SMEs including those without an online presence to an e-commerce platform hosted on the...
A recently launched accelerator programme in Singapore aims to help startups and small and medium enterprises (SMEs) from Brunei to expand to Southeast Asia. The programme, Start-Up Boot Camp, has been launched by Singapore’s Golden Equator Consulting (GECo) and Darussalam Enterprise (DARe) of Brunei. The main goal of the program is...
FedEx Express’ annual APAC SME Research Report has revealed that small businesses in Asia are using technology to drive exports worldwide. For the first time, the proportion of SMEs that export beyond Asia exceeds the proportion who export only to countries within the region. Overall, the number of SMEs exporting beyond Asia is...
In a first for Singapore, a shared small batch food manufacturing facility being set up by Enterprise Singapore, JTC and Singapore Institute of Technology (SIT) aims to fill a gap in the market for small batch production. Small and medium food manufacturers often face hurdles such as a lack of facilities, costly equipment,...
Singapore and South Korea have inked two agreements that will provide opportunities for small and medium enterprises (SMEs) and startups in both countries to sharpen their competitive edge and internationalise. The two Memoranda of Understanding (MOUs), witnessed by President Moon and Singapore Prime Minister Lee Hsien Loong, establish new partnerships...
Singapore’s MHA and Infocomm Media Development Authority (IMDA) are joining hands to bring technology to small and medium security agencies helping them go digital. The initiative will receive funds to the tune of S$9.54 million over the next few years. The programme aims to support technology and innovation in the industry. The launch...
Information and support on global trade opportunities will help small and medium enterprises (SMEs) in Singapore internationalise and grow, according to research from accounting body Association of Chartered Certified Accountants (ACCA). The accounting body's report revealed that nearly half of respondents in its latest survey would like to receive such...