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...
Singapore has released its Model Artificial Intelligence (AI) Governance Framework for public consultation, pilot adoption and feedback. The framework is the first in Asia to provide detailed and readily implementable guidance to private sector organisations to address key ethical and governance issues when deploying AI solutions. 
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...
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...
In the latest edition of the Global Connectedness Index (GCI) released by international express services provider DHL, Singapore has ranked second in the world for trade connectivity, the result of policies that leverage global connectedness as a cornerstone of its economic development strategy. Singapore is also one of the five...
Singapore has taken several measures to beef up cybersecurity after attacks in recent years.  A new multi-year roadmap is underway to identify next generation cyber-threats and develop the solutions and capabilities needed to secure Singapore’s connectivity infrastructure. This was announced by...
The Ministry of Trade and Industry (MTI) in its recent Economic Survey revealed that the Singapore economy grew by 3.2 per cent in 2018. For 2019, MTI has maintained the GDP growth forecast at “1.5 to 3.5 per cent”, with growth expected to come in slightly below...
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...
Enterprise Singapore has initiated a comprehensive review of its strategies to ensure that its enterprise development efforts keep pace with the evolving and increasingly complex business landscape locally and globally. To achieve stronger, more impactful outcomes, Enterprise Singapore will sharpen its supporting approaches through...
Southeast Asian fintech player Grab Financial Group, has launched its SME lending and micro-insurance for drivers in Singapore. The ‘Grow with Grab’ roadmap aims to provide a comprehensive portfolio of financial services in Southeast Asia for micro-entrepreneurs and small businesses. The services include micro-insurance products, post-paid and...