Small and medium businesses need to jump on to the mobile payments bandwagon in order to gain a competitive edge over larger firms. A recent survey conducted by US-based financial services corporation Visa, indicates that customers worldwide prefer to pay with credit cards or mobile devices. According to the survey titled Digital Transformations...
Small businesses across ASEAN are counting on technology to help them overcome the impact of the COVID-19 pandemic on their operations. Technology was ranked the top investment priority for 2020 by two in three (64 per cent) small businesses, including those who currently have cash flow concerns.
Singapore Management University (SMU) and Citi Ventures have signed a Memorandum of Understanding (MOU) to offer the Citi® University Partnerships in Innovation & Discovery (CUPID) programme to SMU’s students. Participating students will get to earn one credit unit towards their undergraduate degree upon successful completion of the...
Businesses in Singapore recognise the importance of sustainability as a driver of reputation, growth and profitability, yet have not fully converted sentiment into meaningful action, a HSBC report has found. Not having a stronger approach to Environmental, Social and Governance (ESG) is also simultaneously impacting corporates’ financing...
DBS Bank is collaborating with the Singapore’s tax authority, the Inland Revenue Authority of Singapore (IRAS), to digitalise tax payouts and collections as part of the nation’s target to be cheque-free by 2025. Beginning this year, businesses have been able to use PayNow, DBS’...
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...
60 per cent of small- and medium-sized enterprises (SMEs) in Singapore believe in the importance of incorporating sustainable practices in their businesses, according to the UOB SME Outlook Study 2022. They said having sustainability core to their business will help to improve the company’s reputation...
In their annual SME financing research conducted by Linkflow Capital, SMEs continued to see improved access to financing in 2019. According to Linkflow Capital, up to 39% of SMEs gained access to financing in 2019. This figure has continued to improve since the company...
The unprecedented COVID-19 pandemic has posed severe challenges for the global economy and supply chains have been in the eye of the storm. Amid heightened geopolitical tensions, some countries are considering moving supply chains out of China. However, as a recent research study by...
Johnson Controls  has announced findings from its 15th annual Energy Efficiency Indicator Survey, which revealed that 62 percent of organizations surveyed expect to increase investments in energy efficiency, renewable energy, or smart building technology in 2022, indicating a return to pre-pandemic levels. The latest...