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...
Kampong Glam, Singapore’s first digitally-enabled neighbourhood, has launched five initiatives in its first phase to help traditional businesses located in the area succeed in a digital economy. Around 150 merchants have already benefited from the digital transformation. The neighbourhood transformation project led by the IMDA in collaboration with Enterprise Singapore, the One Kampong Gelam...