SMEs play an extremely important role in many communities by providing essential services, employment and adding to economic growth. As the backbone of Singapore's economy and workforce, SMEs make up to 99 percent of businesses, contributing to nearly half (48 percent) of Singapore's gross domestic product (GDP),...
Amazon announced at the inaugural Amazon Southeast Asia Online Seller Summit 2021 additional resources and support for small and medium-sized businesses (SMBs) in Singapore to start selling online and expand globally through its stores.
Amazon announced that it is extending the waiver of professional selling account...
Tapping on technology to accelerate business transformation has given many enterprises a competitive advantage, particularly those who have focused on data and talent as the primary drivers.
As with other business operations, an organisation’s Human Resource (HR) functions can also be digitalised and transformed...
Frost & Sullivan's recent analysis, Global Halal Economy Growth Opportunities, finds that the halal economy is experiencing an upward trend as the demand for halal products from Muslims and non-Muslim nations increases.
The main factors driving the halal industry are favorable population demographics, government policies,...
Technological advancements such as the Internet of Things (IoT), artificial intelligence (AI), cloud computing and 5G, have made work and life simpler, easier, and more efficient. With these comes the possibility of ubiquitous connectivity across all rural and urban landscapes, so that the benefits of digitization can...
Singapore announced in January 2020 a set of new initiatives on AI governance to enhance consumer trust. These are an Implementation and Self-Assessment Guide for Organisations (“ISAGO”), a Compendium of Use Cases, and the second edition of the Model AI Governance Framework. They are key components of...
NTUC LearningHub (NTUC LHUB) announced on 19 May its collaboration with DuPont Sustainable Solutions (DSS), a provider of operations management consulting services, to increase the availability of Safety, Maintenance & Reliability, and Human Resources training in Singapore.
Over 450 courses will be made available...
The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS) and the Finance Houses Association of Singapore (FHAS), have announced an extension of support measures to help individuals and Small and Medium-sized Enterprises (SMEs) facing cashflow difficulties transition gradually to full loan...
Minister for Finance Mr Lawrence Wong delivered the FY2022 Budget Statement on 18 February. Recognising the unpredictability of the virus, he called on Singaporeans to adjust to the new normal. “We cannot let it change our hopes, our aspirations, our values,” he said.
On...
