UOB The FinLab has unveiled The Greentech Accelerator, a new, global programme aimed at supporting innovative greentech solution providers regionally and globally to drive their company’s sustainable mission forward. As part of the first cohort, the programme will focus on greentech solutions including energy efficiency; zero-waste supply chain;...
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...
In the latest annual SME financing research conducted by Linkflow Capital, more than 60% of SMEs were not eligible for financing in 2021, a significant increase from 48% in 2020.According to Linkflow Capital, average loan quantum secured within their platform in 2021 fell to $224,398, a 28%...
DBS Foundation has announced the launch of a new grant programme to support small-and-medium enterprises (SMEs) looking to kickstart their transition towards becoming more sustainable businesses. The programme is open to SMEs incorporated in Singapore, Hong Kong, Taiwan, India, and Indonesia This is an...
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...