While the global economy shows tentative signs of recovery, SMEs in Singapore are controlling their purse strings tightly, with over 85% of SMEs indicating that ensuring consistent cashflow and managing costs was a high business priority in 2022.Nevertheless, SMEs appear ready to tackle...
Funding Societies has announced the launch of Elevate, a virtual card solution for micro, small and medium enterprises (MSMEs) in Singapore. This will close the 80% corporate credit card gap in the country's MSME sector, which currently sees many business directors take on personal liabilities on their own credit cards in...
Launched in 2019, Clearly Basics is a medical grade skincare line combining pharmaceutical ingredients with botanicals, bringing the best from both worlds to its customers. Recognising the reality of Singapore as a small market, the company knew it needed to go outside the country in order to...
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...
Minister for Finance Mr Lawrence Wong delivered the FY2022 Budget Statement on 18 February. Recognising the unpredictability of the virus, he called on Singaporeans to adjust to the new normal. “We cannot let it change our hopes, our aspirations, our values,” he said. On...
Jenji, a fintech scale-up company that has built an AI-based platform that automates expense management, has announced the results of its 2021 Asia Pacific (APAC) Expense Management Practices Survey. The survey reveals that the adoption level of digitalisation and automation in expense management among companies...
Workday Inc. a provider of enterprise cloud applications for finance and human resources, has published the results of its latest chief financial officer (CFO) survey, which focuses on examining how finance leaders are growing and developing their teams, as well as what investments are needed, to meet the evolving demands of the...
Singapore micro, small and medium-sized businesses (MSMBs) have global ambitions, but COVID-19 and international payments are major stumbling blocks when operating, venturing or expanding abroad, revealed new research released by Wise Business. The study, which polled more than 4,800 MSMBs across the world, found...
A survey conducted by Maybank involving its SME customers has revealed that 67% of the respondents have successfully leveraged digital technology into their sales platform during the Movement Control Order (MCO) 3.0. The survey respondents made up 84% of Maybank’s borrowing SME customers and are from sectors...
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...