At a recent technology forum, Singapore Minister for Trade and Industry, Chan Chun
Sing emphasised on the role of small and medium enterprises (SMEs) in innovation.
According to Chan, we now live in an era where the effects of technological disruption are
ubiquitous, touching all aspects of our lives – from the way...
The government is amending rules to make it cheaper and easier for small and medium
businesses (SMEs) to start bidding for government projects.
Since June 2018, companies with yearly revenues below $5 million no longer have to
produce audited financial statements to take part in government tenders. This makes the
process of bidding...
The Infocomm Media Development Authority (IMDA) and Enterprise Singapore launched Start Digital, an initiative of the SMEs Go Digital programme. Start Digital will enable new SMEs to get a head start with two foundational digital solutions - with costs waived for minimum six months – to accelerate growth and...
A release from Singapore’s Ministry of Trade and Industry (MTI) indicated that the economy grew by 2.2 per cent on a year-on-year basis in the fourth quarter of 2018, easing slightly from the 2.3 per cent growth in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy...
Design Orchard, an initiative by Enterprise Singapore, JTC and Singapore Tourism Board (STB) will bring over 60 local brands together on Orchard Road and enhance the precinct. Located at the junction of Orchard Road and Cairnhill Road, the 2.5-storey development comprises a retail showcase on the first level, incubation spaces on...
Minister for Communications and Information and Minister-in-charge of Trade Relations S Iswaran has announced the launch of the SUNRISE programme, a programme that sets in motion bilateral trade activities and establishes institutions of commerce between Singapore and the state of Andhra Pradesh, India.The Singapore Business Federation (SBF) is taking the...
The Infocomm Media Development Authority (IMDA), Singtel and DBS recently rolled out a new 99%SME e-commerce platform (99sme.sg) that aims to help small and medium enterprises (SMEs) in Singapore easily adopt digital technologies and provide their customers with omni-channel experiences. The new platform was launched by Sim Ann, Senior...
The Singapore Business Federation (SBF) SME Committee (SMEC) submitted its recommendations for the Singapore Budget 2019 to the government earlier this month.In 2018, the Singapore economy grew 3.3%, in line with the Ministry of Trade and Industry’s (MTI’s) forecast of 3.0% to 3.5%. Moving forward, MTI forecasts 2019 growth...
Singapore has released its Model Artificial Intelligence (AI) Governance Framework for public consultation, pilot adoption and feedback. The framework is the first in Asia to provide detailed and readily implementable guidance to private sector organisations to address key ethical and governance issues when deploying AI solutions.
The framework is also a...
Singapore’s Central Bank, the Monetary Authority of Singapore (MAS), has warned members of the public not to be misled by fraudulent websites that solicit investments in cryptocurrencies using fabricated information attributed to the Singapore Government.
These websites falsely claim that Singapore is adopting a cryptocurrency as its official coin. They...
