The DBS SME Pulse Check Survey, conducted ahead of the coming 2023/24 Hong Kong Budget announcement, found that 58% of Hong Kong’s SMEs would like to receive more funding and financial support from the government, amid growing concerns about the state of the global economy.According to the...
Capital Markets Malaysia ("CMM"), an affiliate of the Securities Commission Malaysia ("SC"), has launched a Simplified ESG Disclosure Guide ("SEDG"), making Malaysia the first country globally to provide small-to-medium enterprises ("SMEs") within global supply chains with a streamlined and standardised set of guidelines in relation to environment, social and governance...
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) has launched a cross-border QR code payment linkage between Singapore and Malaysia. This payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes.
In Budget 2024, which comes after a difficult year and anticipates the challenging global situation ahead, the government continues its efforts to develop local enterprises, equip workers for life, and also create pathways for equity and mobility.
Developing local enterprises
Minister...
Digitalising paper invoicing across Southeast Asia’s millions of small and medium sized enterprises (SMEs) is a major opportunity in the post-COVID era as economies ramp up digital transformation efforts to better weather future shocks.
Finance departments serve a fundamental role in every company, processing...
To support Singapore’s Smart Nation efforts, DBS, in collaboration with the Government Technology Agency (GovTech), is partnering the Health Promotion Board (HPB) and NETS to introduce a digital payment feature in HPB’s Healthy 365 mobile app.
From Monday, 25 April 2022, Healthy 365 app...
The Monetary Authority of Singapore (MAS), in partnership with the International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), have launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and Africa.
Known as the...
The Singapore economy has entered a new phase of growth. Despite ongoing COVID-19 limitations and supply chain disruptions, Singapore's GDP expanded by 7.6 per cent in 2021, a strong rebound from the 4.1 percent contraction in 2020.
A similar trend of growth and recovery...
Produced by MIT Technology Review Insights in association with Code42, the Cyber Defense Index 2022/23 (CDI) is the first annual comparative ranking of the world's 20 largest and most digitally forward economies on their preparation against, and response and recovery from, cybersecurity threat.
Countries are...
Singapore is often lauded as a food paradise. Yet, according to the Singapore Food Agency, the country imports more than 90% of its food, making it vulnerable to food supply chain disruptions that could occur due to global factors such as climate change, disease outbreaks, geopolitical developments...
