The Competition and Consumer Commission of Singapore (“CCCS”) has issued the “COVID-19 Guidance Note” to provide businesses with more clarity on collaborations between competitors in relation to the supply of essential goods or services in Singapore.
The disruption arising from the COVID-19 pandemic may...
Minister for Trade and Industry Chan Chun Sing, New Zealand’s Minister for Trade and Export Growth David Parker and Chile’s Vice Minister for Trade Rodrigo Yanez jointly announced the substantial conclusion of the negotiations for the Digital Economy Partnership Agreement (DEPA) in Singapore on 21 January 2020....
Design Orchard, an initiative by Enterprise Singapore, JTC and Singapore Tourism Board (STB) will bring over 60 local brands together on Orchard Road and enhance the precinct. Located at the junction of Orchard Road and Cairnhill Road, the 2.5-storey development comprises a retail showcase on the first level, incubation...
The Monetary Authority of
Singapore (MAS) and the Association of Banks in Singapore (ABS) jointly
conducted a cyber-themed business continuity exercise in November 2019 to
strengthen the financial sector’s resilience to cyber-attacks and operational
disruptions.
Codenamed Exercise Raffles,
the sixth edition of the exercise was conducted over two...
As upskilling tops the business agenda for companies in Singapore, seven in ten (68%) Small and Medium Enterprises (SME) employers say that they require more support in the form of training resources. One in two (50%) of SME employers cite 'the lack of budget' as the key...
Singapore moved up two notches in the 2023 Global Innovation Index (GII) to 5th in the world and regained its top spot in Asia after coming behind South Korea in the last two years.
The GII is published by the World Intellectual Property Organization...
As Singapore re-opened her economy, government measures have shifted from containment to restructuring, while continuing support for Singaporeans, workers, and businesses. Broad-based support has transitioned into more targeted efforts for firms, especially those in the hardest-hit sectors. At the same time, measures were introduced to preserve core...
New research from Xero has revealed that 89% of small business owners in Singapore are concerned about AI development and adoption is outpacing regulation, as generative AI tools permeate various industries and the workforce.
Xero’s Future Focus AI research surveyed over 3,000 small business owners...
The speed of technological disruption is making it difficult for regulators to keep pace but regulatory response needs to be measured in order to protect innovation, according to a report from The Economist Intelligence Unit released in early 2020.
A fine balance: Regulations and...
Doing Business 2019 is the 16th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Founded on the principle that economic activity benefits from clear and coherent rules on property rights, dispute resolution and protection of contractual partners,...
