According to a recent survey, businesses in Singapore are pursuing innovation to keep pace with a fast-changing economy despite ongoing economic uncertainties. The Singapore Business Federation’s (SBF) latest National Business Survey 2018/2019 has indicated that close to two in three large companies (64%) have implemented...
SEEDS Capital, the investment arm of Enterprise Singapore, has appointed seven co-investment partners under Startup SG Equity. This will catalyse more than S$90 million worth of investments to develop Singapore-based startups in the Agrifood tech sector. This was announced by Senior Minister of State for Trade and...
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...
A dipstick poll conducted by financial services group DBS has revealed that SMEs in Singapore are looking to the government to give them a leg-up in supporting their business growth this year. Eight in 10 said they are expecting more business incentives to be announced at the...
One year into the implementation of the Digital Government Blueprint (DGB) by the Singapore government – first launched in June 2018 – citizens and businesses have expressed greater satisfaction with government digital services. G2C (Government to Citizens) satisfaction survey score had increased from 73 to 78 per...
In the latest edition of the Global Connectedness Index (GCI) released by international express services provider DHL, Singapore has ranked second in the world for trade connectivity, the result of policies that leverage global connectedness as a cornerstone of its economic development strategy. Singapore is also one of the five...
Singapore has taken several measures to beef up cybersecurity after attacks in recent years.  A new multi-year roadmap is underway to identify next generation cyber-threats and develop the solutions and capabilities needed to secure Singapore’s connectivity infrastructure. This was announced by...
The Ministry of Trade and Industry (MTI) in its recent Economic Survey revealed that the Singapore economy grew by 3.2 per cent in 2018. For 2019, MTI has maintained the GDP growth forecast at “1.5 to 3.5 per cent”, with growth expected to come in slightly below...
In the first edition of Xero Community, organised by accounting software company Xero, small and medium businesses in Singapore got together to decode the 2019 Budget. The Xero Community is a quarterly series of events to provide a platform for local SMEs to learn, connect and take...
As part of the ongoing review of the Personal Data Protection Act 2012 (PDPA), Singapore intends to introduce a data portabilityrequirement. As data portability is a recent global development, a Data Portability Discussion Paperhas been issued to provide greater clarity of its benefits in support of a...