SeedIn, a Singapore based business financing platform, has teamed up with Acudeen, a Philippine based online peer-to-peer marketplace for receivable discounting. SME borrowers and investors can leverage on the strengths of both platforms for their financing and investment needs, while being able to enjoy exclusive...
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...
According to a recent survey, businesses in Singapore are pursuing innovation to keep pace with a fast-changing economy despite ongoing economic uncertainties. The Singapore Business Federation’s (SBF) latest National Business Survey 2018/2019 has indicated that close to two in three large companies (64%) have implemented...
Featurespace, an international provider of Adaptive Behavioural Analytics for fraud detection and risk management, has launched anti-fraud technology in Singapore. The company is working with 17 banks across continental Europe, the UK, US and Latin America. Their technology is also being embedded by payment processors and merchant...
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...
SEEDS Capital, the investment arm of Enterprise Singapore, has appointed seven co-investment partners under Startup SG Equity. This will catalyse more than S$90 million worth of investments to develop Singapore-based startups in the Agrifood tech sector. This was announced by Senior Minister of State for Trade and...
Hong Kong-based finance advisory company Index-Asia has partnered with local financial consultancy firm UpSmart Strategy Consulting to help Philippine startups, small and medium enterprises (SMEs) and family businesses strengthen their capital-raising strategies. The two companies said their partnership aimed to “create a growth strategy and structure their transactions and...
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...
A dipstick poll conducted by financial services group DBS has revealed that SMEs in Singapore are looking to the government to give them a leg-up in supporting their business growth this year. Eight in 10 said they are expecting more business incentives to be announced at the...
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...