Singapore SMEs are looking to invest in business transformation despite expectations of a soft economic environment outlook in the next six months, together with lower turnover and profitability.
The SBF-DP SME Index (the Index) has seen a dip from 50.7 to 50.4 this quarter, indicating an easing of business sentiment...
According to HR consulting firm Mercer’s 2019 Global Talent Trendsstudy, nearly all (94%) of executives in Singapore predict significant disruption in the next three years, compared to 25% in 2018. As executives focus on making their organizations “future-fit”, significant human capital risks – including the ability to close the skills...
Tribe Accelerator announced a strategic partnership with global blockchain firm ConsenSysby signing a Memorandum of Understanding (MOU) to undertake initiatives and activities to further the blockchain ecosystem in Singapore.
Tribe is the first Singapore government-supported blockchain accelerator advocating the growth of later-stage startups by providing them with a hyperconnected platform...
Tech startup Zowedo Pte Ltd has launched an online platform, of the same name, for consumers in Singapore. The company has a mission to democratise the service industry by connecting SMEs to customers. Four months after the soft launch, Zowedo currently offers over 400 service listings and has a...
Singaporean multinational banking corporation United Overseas Bank (UOB) and OctoRocket.asia (OctoRocket), a business to business e-commerce platform, have signed a Memorandum of Understanding (MOU) to enable small businesses in ASEAN on OctoRocket to apply for financing quickly and easily.
OctoRocket, a joint venture launched in January by Singapore Press Holdings...
In the first edition of Xero Community, organised by accounting software company Xero, small and medium businesses in Singapore got together to decode the 2019 Budget. The Xero Community is a quarterly series of events to provide a platform for local SMEs to learn, connect and take away key...
Six Singapore-based fintechs - Grab, Funding Societies, InstaReM, KyberNetwork, Ten X and Singapore Life - make it to KPMG’s 2018 Fintech100 list for the first time.
Grab, the popular ride-hailing platform that evolved to become an offline to online mobile platform targeting consumers; Funding Societies, an online financial inclusion platform that connects...
A new report by S&P Global Ratings has indicated that embracing financial technology (fintech) and the innovations it heralds will improve the long-term competiveness of Singapore's banking industry.According to the report titled "Singapore banks must adapt to fintech or lose out", the global rating agency's credit analyst Ivan Tan...
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...
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 be co-invested...
