To further support tourism businesses during the circuit breaker and to give them a headstart for recovery, the Singapore Tourism Board (STB) has rolled out several new initiatives to help them engage their customers, strengthen their business foundations and deepen their manpower capabilities. For travel agents, there is extra...
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 was expected to moderate in 2019...
Google Singapore has announced several new initiatives to support more small and medium enterprises (SMEs) in their digital transformation. These include its Google Career Certificates (GCC) scholarship programme for SMEs, supported by Enterprise Singapore (EnterpriseSG) and SGTech. For a start, both organisations will help to award 15,000 GCC scholarships...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS).
It is the time of the year again – Corporate Income Tax (CIT) filing season for the Year of Assessment (YA) 2021 has begun. Before you jump right into it, check out these six initiatives by the Inland...
Digitalising paper invoicing across Southeast Asia’s millions of small and medium sized enterprises (SMEs) is a major opportunity in the post-COVID era as economies ramp up digital transformation efforts to better weather future shocks.
Finance departments serve a fundamental role in every company, processing and issuing invoices in paper or...
Enterprise Singapore (ESG) and FairPrice Online, NTUC FairPrice’s e-commerce platform, today launched YummySG!, an online initiative that provides Singapore food manufacturers with an additional platform to diversify their revenue streams.
This is part of ESG’s continuous efforts to support Singapore businesses to start selling online, since the launch of its...
eCommerce is becoming an indispensable part of every business. As the digital landscape continues to evolve, the number of eCommerce users is predicted to grow to 4.3 million users by 2027.
However, despite its undeniable perks, many heartland retailers are still struggling to take their business online. Four out of...
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) has launched a cross-border QR code payment linkage between Singapore and Malaysia. This payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes.
It will support in-person payments...
As Singapore emerges into a post-pandemic economy, businesses should go beyond adapting and surviving, and move to accelerate structural adaptations which will help to emerge stronger.
In line with this, Budget 2021 has reaffirmed the government’s commitment to digital transformation through funding for new initiatives and existing schemes, such as the Digital...
Sophos, a global leader in next-generation cybersecurity, has published a new sectoral survey report, The State of Ransomware in State and Local Government 2022, which found that 72% of state and local government organizations attacked by ransomware had their data encrypted—7% more than the cross-sector average.
In fact, only 20%...
