Singapore’s Ministry of Trade and Industry (MTI) has downgraded the Singapore’s GDP growth for 2019 at 1.5 to 2.5 per cent.
In the last Economic Survey of Singapore published in February, MTI highlighted that growth in most of the key advanced and regional economies...
Sage, a company offering cloud business
management solutions, and Standard Chartered announced on 8 November a new
partnership to provide small and medium-sized enterprises (SMEs) with access to
tools, knowledge and funding that will simplify SME banking and support them in
making more timely and insight-driven financial decisions at critical stages...
The Singapore Environment Council (SEC) announced on 19 March 2020 that Small and Medium Enterprises (SME) holding its internationally recognized certification, the Singapore Green Labelling Scheme (SGLS), and Eco Certifications can now apply for financing with HSBC SME Green Loan (Green Loan).
The...
DBS has introduced an automated supplier procure-to-pay solution for the construction sector developed by Singaporean fintech Doxa. Named Doxa Connex, the payments solution is a first for the sector in Singapore and it aims to help main contractors improve cashflow management with their suppliers as well as...
The Monetary Authority of Singapore (MAS) has announced the launch of a S$35 million Productivity Solutions Grant (PSG) for the financial services sector to help smaller financial institutions adopt digital solutions for more streamlined data reporting to MAS.
The grant is currently applicable to...
Venture investments in Singapore are reported to grow despite a
slowing economy. Overall, a total amount of S$13.4 billion (+36%) was
invested in startups across 437 deals from January to September 2019.
Emerging interest in Deep tech startups
Notably, Enterprise Singapore saw investments...
Sustainability is becoming increasingly important in the corporate world, as businesses seek to integrate sustainable practices into their core business models.
However, more than half (56%) of employers do not have well-defined sustainability goals or strategies for their business, and only 14% are in...
Funding Societies, a SME digital financing platform, announced that it has achieved S$2 billion in disbursals of business financing to small and medium sized enterprises across the region. This milestone comes as the platform enters its sixth year of operations.
The amount is partly crowdfunded by over...
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...
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...