Kampong Glam, Singapore’s first digitally-enabled neighbourhood, has launched five
initiatives in its first phase to help traditional businesses located in the area succeed in a
digital economy. Around 150 merchants have already benefited from the digital
transformation.
The neighbourhood transformation project led by the IMDA in collaboration with Enterprise
Singapore, the One Kampong Gelam...
The TechSkills Accelerator (TeSA) initiative has equipped more than 3,000 Singaporeans with 5G skills over the last year.
In addition, a new 5G training portal has been launched to train more Singaporeans to take up fresh opportunities in this growth area.
The Australian Border Force (ABF), the Infocomm Media Development Authority of Singapore (IMDA), and Singapore Customs, along with industry participants, have concluded a blockchain trial to prove trade documents can be issued and verified digitally across two independent systems, reducing cross-border transaction costs.
The...
The Inland Revenue Authority of Singapore (IRAS) partnered with the tax community and government agencies to simplify Corporate Income Tax (CIT) Filing 2021 for companies. With the new initiatives, companies and tax agents can further reduce the time they take to file CIT this year.
It is both stability and change in the Allianz Risk Barometer 2023. Cyber Incidents and Business Interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses).
The Allianz Risk Barometer is an annual business risk ranking compiled by Allianz Group's corporate insurer...
According to SBF’s latest National Business Survey (NBS) 2021/2022, businesses in Singapore are more optimistic compared to last year despite the continued challenges posed by COVID-19.The survey, conducted from 26 July 2021 to 1 October 2021, received responses from 1,096 companies across all key sectors and covered...
With the current COVID-19 situation resulting in Singapore’s “circuit breaker” measures amidst a global economic slowdown, the government has introduced a raft of measures aimed at supporting SMEs through this difficult time, as well as preparing them for the eventual recovery and upturn.
The Singapore Business Federation (SBF) has announced its approval of the increase in foreign worker levy rebates for the Construction, Marine Shipyard and Process (CMP) sectors announced on 8 May.
This will provide much needed relief to businesses in these sectors that have been...
The Ministry for Trade and Industry (MTI) has released guidelines on 6 May for the gradual resumption of business operations. This follows the Multi-Ministry Taskforce’s announcement on 2 May 2020 that it would progressively ease some of the tighter circuit breaker measures over the coming weeks.
