Singapore has released its Model Artificial Intelligence (AI) Governance Framework for public consultation, pilot adoption and feedback. The framework is the first in Asia to provide detailed and readily implementable guidance to private sector organisations to address key ethical and governance issues when deploying AI solutions. 
Minister for Communications and Information and Minister-in-charge of Trade Relations S Iswaran has announced the launch of the SUNRISE programme, a programme that sets in motion bilateral trade activities and establishes institutions of  commerce between Singapore and the state of Andhra Pradesh, India.The Singapore Business Federation (SBF) is...
In a bid to help SMEs in their digital transformation journey, banking and financial services corporation DBS has recently launched DBS SME Connect, a portal for SMEs across all industries to access web-based business tools and services to get digital, connected and protected fast. SMEs who are...
The Infocomm Media Development Authority (IMDA) and Enterprise Singapore launched Start Digital, an initiative of the SMEs Go Digital programme. Start Digital will enable new SMEs to get a head start with two foundational digital solutions - with costs waived for minimum six months – to accelerate...
A release from Singapore’s Ministry of Trade and Industry (MTI) indicated that the economy grew by 2.2 per cent on a year-on-year basis in the fourth quarter of 2018, easing slightly from the 2.3 per cent growth in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis,...
The new BT office will be the hub for the British company to deliver its services across South East Asia, providing cyber security solutions and services to private and public sector organisations. The company plans on using its expertise to help businesses and local government secure their...
A recently-launched joint food-retail incubator initiative by Enterprise Singapore, NTUC FairPrice and Nanyang Polytechnic will help small and medium enterprises in Singapore get their new products out in supermarkets faster. The incubator named YumSing! will help food companies accelerate the process of bringing products...
Singapore signed a second protocol amending the Comprehensive Economic Cooperation Agreement (CECA), which will boost bilateral trade with India, with both sides agreeing to expand the coverage of tariff concessions. The provisions of the Second Protocol will come into effect from September 14, 2018. "The two countries are exploring the possibility of launching...
The government is amending rules to make it cheaper and easier for small and medium businesses (SMEs) to start bidding for government projects. Since June 2018, companies with yearly revenues below $5 million no longer have to produce audited financial statements to take part in government tenders. This makes the process of bidding...
At a recent technology forum, Singapore Minister for Trade and Industry, Chan Chun Sing emphasised on the role of small and medium enterprises (SMEs) in innovation. According to Chan, we now live in an era where the effects of technological disruption are ubiquitous, touching all aspects of our lives – from the way...