Indonesia’s burgeoning digital economy offers extensive opportunities for Singapore startups, technology and financial services firms and investors.On 30 June, the Singapore Business Federation (SBF), in collaboration with the Indonesian Embassy in Singapore, hosted its second FYIstival webinar on Indonesia, themed “Digital and FinTech Opportunities for Indonesia and...
Businesses across Australia are feeling the pinch following a full year of the COVID-19 pandemic, according to a report by credit insurance firm, Atradius.
The Payment Practices Barometer survey of both large and small businesses looked at B2B customer payment behaviour over the past year. The...
The Inland Revenue Authority of Singapore (IRAS) takes a serious view of employers who attempt to abuse the Jobs Support Scheme (JSS) and Jobs Growth Incentive (JGI). For the March 2021 JSS and JGI payouts, IRAS has withheld $85 million from 2,600 employers for further checks.
The Government has enhanced its support measures for businesses and individuals during the Phase 2 (Heightened Alert) period, having taken into consideration feedback from businesses, union leaders and workers.
The package of support measures will comprise enhancements to the Jobs Support Scheme (JSS)...
In 2020, the Economist Intelligence Unit conducted a survey to measure the relative acceptance of digital currencies and other digital payment methods, finding that a cashless trend was strong with consumers globally.
In February and March of 2021, a new survey set out to...
EDB New Ventures, the corporate venture building arm of the Singapore Economic Development Board (EDB), today announced the launch of the Corporate Venture Launchpad (CV Launchpad). The $10 million pilot programme supports large and established Singapore-based companies in building ventures in new growth areas beyond their existing...
The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) have launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems.
The linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment...
Six months into its launch, Maybank SME Digital Financing has approved RM1 billion of financing, benefitting more than 8,200 Small and Medium sized Enterprise (SME), of which 85% or 6,950 are start-ups & microenterprises. In addition, all applications that were eligible for instant decisions received their approval...
The Monetary Authority of Singapore (MAS) has launched a report on the foundational digital infrastructure necessary for an inclusive digital economy and seamless cross-border transactions around the world.
The rapid growth of digital solutions has helped enhance the economic and social well-being of millions...
