DBS has approved over 3,500 loans totalling over SGD 1.1 billion for micro and small enterprise customers during the COVID-19 period, under Enterprise Singapore’s financing schemes. This accounts for eight in ten of all Government-assisted SME loans that the bank has approved between the...
To achieve the vision of Singapore as a global front-runner for innovation in secure and resilient 5G applications and services, the The Infocomm Media Development Authority (IMDA) has put in place several initiatives to develop the 5G ecosystem: Regulatory ...
Enterprise Singapore (ESG) has set aside over S$55 million to accelerate the growth of promising local agriculture and aquaculture companies by developing their innovation capabilities to grow more with less. This builds on ESG’s ongoing efforts to develop a vibrant agri-food tech ecosystem that...
Singapore’s 2020 Budget statement was delivered on Tuesday, 18 February, 2020. Its measures include the Stabilization and Support Package to stabilize the economy and support workers and enterprises, as well as moves to grow the economy and transform Singapore’s enterprises. Responding to challenges in...
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 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...
Minister-in-charge of Trade Relations Mr S Iswaran announced the expansion of the Global Innovation Alliance (GIA) network to Bangalore in India in October 2019. Through the network in Bangalore, Enterprise Singapore will help connect Singapore technology startups and SMEs to India’s growing innovation ecosystem, and boost business partnerships...
Minister for Finance Mr Lawrence Wong delivered the FY2022 Budget Statement on 18 February. Recognising the unpredictability of the virus, he called on Singaporeans to adjust to the new normal. “We cannot let it change our hopes, our aspirations, our values,” he said. On...
The Monetary Authority of Singapore (MAS) announced in November that it has led the successful development of a blockchain-based prototype that enables payments to be carried out in different currencies on the same network. This prototype network, developed by MAS in collaboration with J.P....
The new BT office will be the hub for the British company to deliver its services across South East Asia, providing cyber security solutions and services to private and public sector organisations. The company plans on using its expertise to help businesses and local government secure their...