The Association of Small & Medium Enterprises (ASME) has recently launched the SME Cloud Exchange Network Software (SMECEN) that encourages small and medium enterprises to embark on digital transformation to be global ready. Supported by Enterprise Singapore, the Accounting and Corporate Regulatory Authority (ACRA) and Inland Revenue...
Organizations in the Asia/Pacific (excluding Japan) are adjusting to the new normal and reinventing themselves for both pandemic preparedness and competitiveness. As economic activities return to pre-COVID levels, majority of enterprises are building new technology enabled business models, with a focus to regain growth and have a...
In the pre-pandemic era, the goal of optimising the supply chain has led to the creation of the just-in-time model. Through lean inventories and just-in-time delivery, the model was lauded for its potential to reduce costs and wastage while increasing operational efficiency. However, the...
The Monetary Authority of Singapore (MAS) has announced that it will further extend the MAS SGD Facility for ESG Loans. This extension will complement the six-month extension of Enterprise Singapore’s (ESG) Temporary Bridging Loan Programme (TBLP) from 1 April 2022 to 30 September 2022.  
A region wide consumer survey by Lazada in collaboration with Milieu Insight has established that a large number of shoppers (73%) now consider shopping online to be integral to everyday life, with 67% of them identifying eCommerce Mega Campaigns as a key factor in shaping their consumer...
Lufthansa Innovation Hub (LIH), the digitalisation and innovation unit of the German airline, has recently launched its first foreign office in Singapore. LIH Singapore will focus on market developments in the digitalisation of travel and establish a network of strategic partners.
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...
Trend Micro Incorporated has predicted that global organizations will emerge more alert and better prepared in 2022 thanks to a comprehensive, proactive, cloud-first approach to mitigating cyber risk. Trend Micro researchers predict that threat actors in 2022 will focus ransomware attacks on cloud and datacenter...
The Infocomm Media Development Authority (IMDA), Singtel and DBS recently rolled out a new 99%SME e-commerce platform (99sme.sg) that aims to help small and medium enterprises (SMEs) in Singapore easily adopt digital technologies and provide their customers with omni-channel experiences. The new platform was launched by Sim...
The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) announced in early November the successful completion of its Business sans Borders (BSB) Phase One Proof-of-Concept (POC). MAS and IMDA will proceed with the Phase Two Pilot of the BSB in 1H 2020. BSB is...