The Monetary Authority of Singapore (MAS) has issued revised Technology Risk Management Guidelines to keep pace with emerging technologies and shifts in the cyber threat landscape.
The revised Guidelines focus on addressing technology and cyber risks in an environment of growing use by financial...
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...
Asia Pacific is one of the largest remittance-receiving regions in the world and making up one of the top five recipient countries for remittance inflows is the Philippines , with remittances contributing an estimated 9.3% of the market's GDP in 2021. This signals the importance of remittances as not...
MoolahSense has announced the launch of GreenMoolah, a platform focused on accelerating green and sustainable financing in Singapore and the region.
With a large number of government-linked and large corporations in the region embarking on achieving net zero emissions by 2030, regional and local...
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)...
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...
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have jointly launched the real-time payment systems linkage between Singapore’s PayNow and Malaysia’s DuitNow.
The initiative follows the QR payment linkage announced on 31 March 2023 which enabled cross-border QR payments to merchants.
Salesforce has partnered with SBF for the Salesforce Small Business Relief Grants Programme to support selected Singapore-registered small and medium-sized enterprises (SMEs). Applications for the grant opened on 23 November 2020.In partnership with SBF, Salesforce is offering S$960,000 in cash grants to selected SMEs to aid their...
Managing climate risk continues to be a growing priority – and opportunity – for companies across Asia. On average, companies that viewed ESG as a high priority (83%) were prepared to allocate about 20% of their budget within the next three years towards environmental, social and governance...
The IBM Institute for Business Value (IBV), in collaboration with the Banking Industry Architecture Network (BIAN) and Red Hat, today released findings from a new global study that reveals significant gaps between the stated priorities of surveyed banking executives and the customers they serve.
