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 upcoming Budget...
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 measures, digital...
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 deliver a better customer experience. The...
The Singapore Management University (SMU) and Alibaba Cloud have launched a series of courses to upskill more than 1,000 working professionals in Singapore. Formalised at a Memorandum of Understanding signing ceremony, the ‘SMU-Alibaba Series’ professional continuing education programme is the first of its kind for Alibaba Cloud outside of...
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.
LIH has also concluded a research partnership with INSEAD on...
Design Orchard, an initiative by Enterprise Singapore, JTC and Singapore Tourism Board (STB) will bring over 60 local brands together on Orchard Road and enhance the precinct. Located at the junction of Orchard Road and Cairnhill Road, the 2.5-storey development comprises a retail showcase on the first level, incubation spaces on...
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 deals to facilitate a successful capital-raising.”...
The Singapore Business Federation (SBF) SME Committee (SMEC) submitted its recommendations for the Singapore Budget 2019 to the government earlier this month.In 2018, the Singapore economy grew 3.3%, in line with the Ministry of Trade and Industry’s (MTI’s) forecast of 3.0% to 3.5%. Moving forward, MTI forecasts 2019 growth...
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 business innovations, and an encouraging 55%...
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 Ann, Senior...
