The International Finance Corporation (IFC), Monetary Authority of Singapore (MAS) and World Economic Forum (the Forum) have signed a Memorandum of Understanding to collaborate on initiatives to advance digital inclusion through financial services, with the aim of reducing inequalities for people and smaller businesses in emerging and...
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...
With the enhanced Productivity Solutions Grant (PSG) which takes effect on 1 July 2019, companies can receive more support to transform their workforce. This was announced at the launch of SkillsFuture Festival today by Senior Minister of State, Ministry of Education & Ministry of Trade and Industry,...
Data from Generation reveals that organizations must radically rethink hiring practices for entry-level tech talent – and lays out first steps to take. A number of companies have already broken the mold and removed degree or work requirements over the past three years, and...
Small and Medium enterprises (SMEs) have a lot to gain from embracing digital technologies (digitalisation) into their existing business models, which would improve productivity while opening up new revenue streams. According to the Cisco 2020 APAC SMB Digital Maturity Study– amid COVID-19 pandemic, nearly 70...
Good news for SMEs in Singapore. The government has set aside an additional S$100 million (US$74 million) for small and medium-sized enterprises (SMEs). This was announced by finance minister Heng Swee Keat in Parliament during his annual budget speech. The fund, dubbed SME Co-Investment Fund III, will...
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...
Singapore SMEs continue to adopt a mildly optimistic outlook for the first six months of 2019 as general sentiments eased across all seven sectors.The SBF-DP SME Index (the Index) decreased from 51.0 to 50.7 this quarter, indicating a slight dampening of sentiments among SMEs. This index is...
Singapore's flourishing business landscape has witnessed remarkable strides in digitalisation. At present, one can say it stands as the pivotal driver of business growth. However, for many small and medium-sized enterprises (SMEs) in Singapore, it’s a change that remains largely out of reach. Even...
The boom in the subscriptions economy is causing 'subscription fatigue' in the Philippines and India, according to a new survey. Nearly nine in ten (85%) Filipino subscribers believe there are now "too many" subscription services available. The figure for Indian subscribers is 89%.   As...