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...
The Infocomm Media Development Authority (IMDA) and National Research Foundation Singapore (NRF) will invest S$50 million over the next five years to develop Singapore’s digital trust capabilities.
Announced by Singapore Minister for Communications and Information Mrs Josephine Teo at the ATxAI Conference during Asia Tech x Singapore (ATxSG), this investment will allow...
The outlook for the global economy took a positive turn in the first half of 2023 as inflationary pressures began to ease, but ongoing geopolitical tensions and domestic challenges in key markets are slowing any return to sustained growth, according to a forecast from KPMG.According to KPMG's Global Economic Outlook...
The Asian Development Bank (ADB) has received $12.6 million of funding for 2018 to 2020 from the Women Entrepreneurs Finance Initiative (We-Fi) to generate more resources for Sri Lankan women-led businesses.
The grant—one of three awarded under the inaugural call for proposals—enhances ADB’s support for women-led small and medium-sized enterprises...
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 acquirers who...
Pax8 has released the results of a new global survey conducted by Channelnomics on the buying trends of Small and Midsize Business (SMB) buyers in the Artificial Intelligence (AI) market. The report found that 88 per cent of SMBs have successfully implemented at least one AI system but that...
Local business sentiment has weakened with only 25% of businesses confident that the economy will improve in the next 12 months, compared to 41% a year before.
The top challenge faced by businesses is an increase in business cost (58%) with manpower cost cited as the key component (75%) followed...
The Singapore Institute of Technology (SIT), Enterprise Singapore (Enterprise SG) and JTC jointly launched FoodPlant, Singapore’s first shared facility for small-batch food production that is licensed by the Singapore Food Agency (SFA).
A key FoodInnovate initiative, FoodPlant provides affordable access to a wide range of pilot scale equipment, research and...
Singapore micro, small and medium-sized businesses (MSMBs) have global ambitions, but COVID-19 and international payments are major stumbling blocks when operating, venturing or expanding abroad, revealed new research released by Wise Business.
The study, which polled more than 4,800 MSMBs across the world, found that Singapore has the highest percentage...
With Southeast Asia's booming digital economy projected to surpass the US$300 billion mark by 2026, digital payments continue to present tremendous growth opportunities for businesses, according to a new IDC report commissioned by global payments platform 2C2P and global membership association for payments and fraud prevention professionals Merchant Risk Council (MRC).
On the flip side, emerging threats and...
