The Fair Tenancy Pro Tem Committee was formed in June 2020 to strengthen collaboration between landlords and tenants, with the intent to address long-standing tenancy issues for the retail, food & beverage (F&B), and lifestyle sectors, and establish industry norms on tenancy practices and terms.Chaired by Mr Michael Lim...
A*STAR’s Institute of High Performance Computing (IHPC) and ERS Industries Pte Ltd, a Singapore-based data centre solutions company, have developed an energy-efficient cooling system, KoolLogix, which uses an innovative heat exchange and phase change approach that can reduce energy consumption at data centres by up to 50 per cent. Using Computational Fluid...
The People’s Association (PA) organised a special edition Project We Care Dialogue on 22 October 2020. Themed #EmergeStronger, the event provided a platform where business leaders under the Project We Care Network exchanged ideas and shared business solutions amidst their concerns and challenges faced during the COVID-19 pandemic. The Project...
The Emerging Stronger Taskforce (EST), co-chaired by Minister for Social and Family Development and Second Minister for National Development Desmond Lee and PSA International Group CEO Tan Chong Meng convened its first meeting via video conference in early May. In addition to the two co-chairpersons, 15 industry representatives from across...
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...
SkillsFuture Singapore (SSG) has partnered with IBM Singapore to launch a suite of programs in the emerging area of Artificial Intelligence (AI). These programs will enable Singaporeans to learn and apply AI in areas such as Human Resource, Supply Chain Management and Media. The SkillsFuture for Digital Workplace program will...
Despite weathering some of the most challenging times ever faced in their entrepreneurial journey, Singapore’s SME community remains undaunted, with three-quarters of SME owners saying that they continue to be ‘optimistic’ and ‘determined’ to face the road ahead. However, in a sign of creeping fatigue, close to one in five...
The Singapore Business Federation (SBF), in partnership with Enterprise Singapore (ESG) will set up a $2.5 million Rising in Support of Enterprises (RISE) Fund and will partner the SBF Foundation in its $2 million industry-led Compassion Fund. These two initiatives aim to help businesses, particularly small- and medium-sized enterprises (SMEs),...
On 21 April 2020, the Multi-Ministry Taskforce announced that it would extend the circuit breaker period until 1 Jun 2020 (inclusive), and put in place enhanced circuit breaker measures minimally for a two-week period from 21 April 2020 until 4 May 2020 (inclusive). The Government continues to support our people...
According to Cisco’s APAC SMB Digital Maturity Index 2019, Singapore is ranked the highest in the digital maturity of its SMBs, positioning the country ahead of Japan, South Korea, ANZ and Greater China. However, reminds Bidhan Roy, Head of Small Business for APJC at Cisco, “Singapore is classified as a Digital Observer...