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...
DBS Hong Kong's new survey with the city's small and medium enterprises (SMEs) reveals 93% of the community believes digitalisation is important to business growth; however, 57% of those surveyed see funding as their biggest challenge when trying to digitalise their businesses. The survey provides insights into...
The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS), the Life Insurance Association (LIA), the General Insurance Association (GIA), and the Finance Houses Association of Singapore (FHAS), announced on 31 March a package of measures to help ease the financial strain...
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...
United Overseas Bank (UOB) announced on 5 May that it has already approved S$4 billion in loans under the Temporary Bridging Loan Programme (TBLP) since the government increased its risk-share of such loans to 90 per cent a month ago. The loans were extended...
A survey from Chubb reveals that a majority (56%) of financial executives involved in insurance decision-making globally expect to generate more than 10% of their revenue from embedded insurance within three years.  In Asia, the majority is even greater: 62%. Further, an overwhelming 81% say digital insurance...
The International Finance Corporation (IFC), Monetary Authority of Singapore (MAS) and World Economic Forum (the Forum) have signed a Memorandum of Understanding to collaborate on initiatives to advance digital inclusion through financial services, with the aim of reducing inequalities for people and smaller businesses in emerging and...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS). Whether you are going through the GST rate change for the first time as a newly GST-registered business or are looking for a refresher to transit smoothly ahead of the second GST...
Singapore-based peer-to-business (P2B) lending platform Validus Capital has set up shop in Indonesia through its subsidiary Batumbu, in partnership with Indonesia’s Triputra Group.  Validus targets small and medium enterprises (SMEs) while Batumbu connects SMEs in Indonesia with accredited, institutional, and high net worth investors to provide loans...
Sleek has released its second annual Sleek Small Business Index examining the perspectives of Singapore small business owners on the current business environment and their expectations for 2023, against the backdrop of a challenging economic environment.  Through expert advice and success stories, the Sleek...