Come 30 June 2020, OCBC Bank expects the quantum of the government-assisted SME loans it lends out to help small businesses during the COVID-19 pandemic to hit the S$1 billion mark. This fully utilises the support given by the Monetary Authority of Singapore under its low-cost SGD...
The Singapore Business Federation (SBF) hosted a dialogue session with Minister for Trade and Industry Chan Chun Sing and Mr Tan Chong Meng, Co-Chairman of the Future Economy Council (FEC)’s Emerging Stronger Taskforce (EST), on 14 August. Participants included members of the SBF Council and leaders of...
Despite COVID-19, 15,300 enterprises pressed on with projects to raise productivity, enhance innovation and pursue internationalisation in a challenging 2020, with support from Enterprise Singapore (ESG).
These enterprises are largely from the retail, wholesale trade, manufacturing, food services and professional services sectors. Their efforts...
Over 80 percent of Malaysian businesses surveyed by CPA Australia, undertook a major technology project in the last 12 months.
CPA Australia found that technologies such as data analytics and business intelligence software delivered a boon for the nation's businesses.
The research...
The Jobs Transformation Map for the Information and Communications (I&C) workforce has identified emerging tech trends that can impact future jobs.
Some I&C job roles have also been identified as areas where workers may face the risk of being displaced as jobs evolve with rapid...
ISC2 – a nonprofit association of certified cybersecurity professionals, and the Royal United Services Institute (RUSI), the world's oldest independent think tank on international defense and security, has released a new research report titled "Global Approaches to Cyber Policy, Legislation and Regulation."
Findings from the report underscore...
The Monetary Authority of Singapore (MAS) announced the commencement of the Payment Services Act (PS Act) on 28 January 2020. The new PS Act will enhance the regulatory framework for payment services in Singapore, strengthen consumer protection and promote confidence in the use of e-payments.
The Emerging Stronger Taskforce (EST), co-chaired by Minister for Social and Family Development and Second Minister for National Development Desmond Lee and PSA International Group CEO Tan Chong Meng convened its first meeting via video conference in early May.
In addition to the two...
In pursuit of its Smart Nation vision, the Singapore government has implemented a range of policy measures to develop digital skills and literacy, including introducing programmes to teach basic digital skills so that no one is left behind.
According to INSEAD’s 2020 Global Talent Competitiveness...
