Founded in 1982 by Jackson Chua, Chuan Kok is a homegrown company that has matured into a leading supplier of hydraulics components in the oil and gas industry. Like many other businesses, they realised the need for digitalisation, but, as a self-described “old uncle’s business”, they found...
Standard Chartered’s mid-sized corporates pulse survey revealed that over 70% of medium enterprises in Asia today prioritise making their operations more agile and flexible to support business growth, compared to before the COVID-19 pandemic. As markets emerge from lockdown restrictions and businesses begin on...
eBay has launched “Global 24/7”, an e-Commerce accelerator programme specifically designed to help SMEs leverage eBay’s platform for global export as the economy gradually enters a recovery phase. This e-Commerce accelerator programme provides start-up incentives, necessary tools, training, and assistance for business owners to...
As part of DBS’ efforts to partner clients from key industries to transition to a low-carbon economy, DBS has published a Sustainable and Transition Finance Framework and Taxonomy. This will form the bedrock for DBS to engage with clients who are furthering their sustainability agenda.
Enterprise Singapore (ESG) has set aside over S$55 million to accelerate the growth of promising local agriculture and aquaculture companies by developing their innovation capabilities to grow more with less. This builds on ESG’s ongoing efforts to develop a vibrant agri-food tech ecosystem that...
The K-Startup Centre (KSC) in Singapore, the first Korean startup centre in Southeast Asia, was officially launched on 8 July by South Korea’s Ministry of SMEs and Startups (MSS). It is a reflection of the strong interest among the Korean startups to anchor in Singapore to drive...
The first Singapore-China (Shenzhen) Smart City Initiative (SCI) Joint Implementation Committee (JIC) meeting was held on 17 June, helmed by the Ministry of Communications and Information’s Permanent Secretary, Yong Ying-I, and Shenzhen Mayor, Chen Rugui. Eight Memoranda of Understanding (MOU) were also inked at...
In the past year, Enterprise Singapore (ESG) and the Singapore Standards Council (SSC) have developed and reviewed over 168 Singapore Standards and Technical References, impacting 13,000 organisations. 91 of these standards were new, with close to 70% focused on emerging areas most of which...
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...
The FinLab, United Overseas Bank’s (UOB) innovation accelerator, launched The FinLab Online on 23 June. This digital platform will help small- and medium-sized enterprises (SMEs) and start-ups across ASEAN implement digital solutions to transform their businesses. Since its launch in 2015, The FinLab has...