The K-Startup Centre (KSC) in Singapore, the first Korean startup centre in Southeast Asia, was officially launched on 8 July by South Korea’s Ministry of SMEs and Startups (MSS). It is a reflection of the strong interest among the Korean startups to anchor in Singapore to drive...
Key representatives from Singapore’s landlord and tenant communities, together with industry experts, came together at the end of June to form the Fair Tenancy Pro Tem Committee in a bid to strengthen collaboration and increase the vibrancy and competitiveness of Singapore’s retail, food & beverage (F&B) and...
The first Singapore-China (Shenzhen) Smart City Initiative (SCI) Joint Implementation Committee (JIC) meeting was held on 17 June, helmed by the Ministry of Communications and Information’s Permanent Secretary, Yong Ying-I, and Shenzhen Mayor, Chen Rugui. Eight Memoranda of Understanding (MOU) were also inked at...
In the past year, Enterprise Singapore (ESG) and the Singapore Standards Council (SSC) have developed and reviewed over 168 Singapore Standards and Technical References, impacting 13,000 organisations. 91 of these standards were new, with close to 70% focused on emerging areas most of which...
More than 500 small and medium-sized enterprises (“SMEs”) in Singapore have gained access to new overseas markets digitally, through digital platforms under the Grow Digital initiative. Sales by Singapore companies to overseas buyers using the platforms have been brisk, growing by at least 10...
The Singapore Business Federation (SBF), in partnership with Enterprise Singapore (ESG) will set up a $2.5 million Rising in Support of Enterprises (RISE) Fund and will partner the SBF Foundation in its $2 million industry-led Compassion Fund. These two initiatives aim to help businesses,...
The recent DBS SME Pulse Check Survey signalled that the Singapore Government’s relief measures are paying off, with only three in ten SMEs now flagging cash flow concerns as a top priority, compared to over seven in ten when the same question was asked in early February...
The past decade has seen rapid evolutions, brought about by the accelerated digitisation of the world economy. Across Asia Pacific, people, businesses and even the public sector are collecting more data more rapidly than ever before. In Singapore, digital transformation and smart nation initiatives...
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...
ST Engineering and the National University of Singapore (NUS) have joined forces to develop network encryption solutions that provide superior security by leveraging quantum cryptography technology. The collaboration is supported under the National Research Foundation’s (NRF) Quantum Engineering Programme (QEP). Current...