Enterprise Singapore (ESG) will be enhancing the Startup SG Founder programme to boost the pipeline of new innovative startups in Singapore. Deputy Prime Minister Heng Swee Keat announced during his Ministerial Speech on 17 August that up to S$150 million has been set aside for this.
The Accounting and Corporate Regulatory Authority (ACRA) and the Inland Revenue Authority of Singapore (IRAS) have partnered accounting software providers to co-create a new digital solution that allows SMEs to automate the preparation and filing of statutory returns with IRAS and ACRA seamlessly. This...
Small businesses in Singapore are the most satisfied within ASEAN with the relief measures provided by their government to cushion the impact of COVID-19 according to a recent survey conducted by United Overseas Bank (UOB), Accenture and Dun & Bradstreet. Close to three in four (72 per...
Building on the momentum towards digitalisation and the broader need to strengthen our supply chains, Enterprise Singapore (ESG) and the Infocomm Media Development Authority (IMDA) have refreshed the Logistics Industry Digital Plan (IDP). The refreshed Logistics IDP will provide a clearer digital roadmap for...
The Singapore Business Federation (SBF) hosted a dialogue session with Minister for Trade and Industry Chan Chun Sing and Mr Tan Chong Meng, Co-Chairman of the Future Economy Council (FEC)’s Emerging Stronger Taskforce (EST), on 14 August. Participants included members of the SBF Council and leaders of...
The Cyber Security Agency of Singapore (CSA) has published its Singapore Cyber Landscape (SCL) 2019, which revealed that cyber threats grew in scale and complexity in 2019.  In line with global trends, Singapore witnessed an increase in cyber threats targeted at various local industries...
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...
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),...
Digital transformation was on the rise before COVID-19,  although it was the onset of the pandemic, with its massive disruptions to the global economy, that greatly accelerated its scope and pace. Following the announcement of the Fortitude Budget with its measures to prepare businesses...
Enterprise Singapore (ESG) has set aside over S$55 million to accelerate the growth of promising local agriculture and aquaculture companies by developing their innovation capabilities to grow more with less. This builds on ESG’s ongoing efforts to develop a vibrant agri-food tech ecosystem that...