The Singapore Business Federation (SBF) welcomed the Singapore Exchange Regulation’s (SGX RegCo) announcement in January 2020 to apply quarterly reporting requirements only for companies associated with higher risks while strengthening continuous disclosure requirements on all listed companies. This is in line with one of the recommendations...
The Monetary Authority of Singapore (MAS), Singapore FinTech Association (SFA), AMTD Group and AMTD Foundation (collectively, AMTD) announced on 13 May the launch of a S$6 million MAS-SFA-AMTD FinTech Solidarity Grant (the Grant) to support Singapore-based FinTech firms amid the challenging business climate caused by the COVID-19...
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...
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...
DBS announced today that it will be availing a complimentary cybersecurity training programme to help protect the 280,000-strong SME community in Singapore from the growing threat of cybercrime.At the end of the programme, SMEs will be presented with recommendations for suitable cyber insurance and cybersecurity solutions. This enables...
Central to the SMEs Go Digital programme since its launch in 2017, sector-specific Industry Digital Plans (IDPs) will be progressively refreshed to introduce a greater breadth and depth of solutions.
This will ensure that the IDPs remain relevant to the evolving needs of small and medium enterprises...
Talk of a global recession has been hogging headlines and conversations. In Singapore, the latest data from the Ministry of Trade and Industry showed the local economy shrinking 0.4% from the previous quarter, triggering comments from analysts that a potential technical recession is on the way.
Singapore’s 2020 Budget statement was delivered on Tuesday, 18 February, 2020. Its measures include the Stabilization and Support Package to stabilize the economy and support workers and enterprises, as well as moves to grow the economy and transform Singapore’s enterprises.
Responding to challenges in...
Amid the COVID-19 downturn, employees’ adaptive skills top the list of workforce competencies that employers in Singapore consider critical to surviving the economic impact of the coronavirus outbreak. This is one of the key findings in the recent NTUC LearningHub's Employer Skills Survey report.
The...
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...
