GlobalConnect@SBF is an initiative by SBF and supported by Enterprise Singapore to help businesses expand globally. Since its launch in November 2019, GlobalConnect@SBF has assisted more than 2,500 Singapore businesses. Despite a challenging year in 2020, GlobalConnect@SBF has also enabled 15 overseas ventures by...
As Singapore re-opened her economy, government measures have shifted from containment to restructuring, while continuing support for Singaporeans, workers, and businesses. Broad-based support has transitioned into more targeted efforts for firms, especially those in the hardest-hit sectors. At the same time, measures were introduced to preserve core...
Singapore’s Budget 2021 was delivered by Deputy Prime Minister Heng Swee Keat on 16 February. Coming after a challenging year where COVID-19 has created major upheavals worldwide, the budget indicates a shift in government measures from “containment to restructuring, while continuing our support for Singaporeans, workers, and...
Despite COVID-19, 15,300 enterprises pressed on with projects to raise productivity, enhance innovation and pursue internationalisation in a challenging 2020, with support from Enterprise Singapore (ESG). These enterprises are largely from the retail, wholesale trade, manufacturing, food services and professional services sectors. Their efforts...
Battling the economic fallout from the COVID-19 pandemic has taken a toll on entrepreneurs, especially those heading micro and small enterprises. A DBS survey showed that over eight in ten owners of micro and small businesses have made personal sacrifices to keep the lights on amid the...
Small- and medium-sized enterprises (SMEs) in Singapore want continued financial support from the Budget 2021 to help them to retain their employees while they continue to build back their businesses, according to the UOB SME Outlook 2021 Study. More than half of SMEs want...
Amazon announced at the inaugural Amazon Southeast Asia Online Seller Summit 2021 additional resources and support for small and medium-sized businesses (SMBs) in Singapore to start selling online and expand globally through its stores. Amazon announced that it is extending the waiver of professional selling account...
Start Digital, launched in January 2019 by the Infocomm Media Development Authority (“IMDA”) and Enterprise Singapore (“ESG”), is an initiative under the SMEs Go Digital programme. It provides newly incorporated SMEs or those that have yet to digitalise with foundational and easy-to-deploy digital solutions, to help them...
The global economy is seeing signs of gradual recovery from the economic fallout due to the COVID-19 pandemic. The SBF-Experian SME Index for 1Q21 – 2Q21F registered an overall reading of 48.2, an uptick from 46.3 in the 4Q20 – 1Q21F SBF-Experian SME Index.
Microsoft and Generation, a global nonprofit founded by McKinsey & Co, are partnering Digital Industry Singapore (DISG), Infocomm Media Development Authority (IMDA) and SkillsFuture Singapore (SSG) to upskill, place, and fill demand for tech-enabled jobs for up to 1,000 Singaporeans as part of the SGUnited Jobs and Skills Package. Titled #GetReadySG, the...