Amazon announced at the inaugural Amazon Southeast Asia Online Seller Summit 2021 additional resources and support for small and medium-sized businesses (SMBs) in Singapore to start selling online and expand globally through its stores. Amazon announced that it is extending the waiver of professional selling account...
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...
The Ministry of Manpower (MOM) has partnered with the Singapore Business Federation (SBF) on 25 February 2020 to introduce a temporary scheme to help companies in the manufacturing and services sectors better manage their manpower needs in view of the COVID-19 situation. For a period of six...
Singapore SMEs remain cautiously optimistic about business prospects in the next six months, with key economic sectors showing a slight uptick in reading, according to the latest SBF-Experian SME Index. The ongoing trade tensions between US and China has cast a shadow over the...
On March 2, the Singapore Business Federation (SBF) launched the SBF ManpowerConnect scheme as part of the Ministry of Manpower’s (MOM) temporary measure to help companies in the manufacturing and services sectors better manage their manpower needs in view of the COVID-19 situation. For a period of six months,...
The International Finance Corporation (IFC), Monetary Authority of Singapore (MAS) and World Economic Forum (the Forum) have signed a Memorandum of Understanding to collaborate on initiatives to advance digital inclusion through financial services, with the aim of reducing inequalities for people and smaller businesses in emerging and...
United Overseas Bank Limited (UOB), Singapore Exchange Limited (SGX) and the China Chamber of International Commerce (CCOIC)have signed a Memorandum of Understanding (MOU) to help Chinese enterprises use Singapore as a launchpad to expand into ASEAN.  The tripartite alliance builds on UOB’s existing collaboration...
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...
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...
This year’s Asia Pacific Internet Policy Insights survey reveals that nearly all consumers (96%) in APAC depend in some way on "Big Tech" companies for their products and services for their online activities, but are uneasy with this dependence. The findings of the survey indicate that users and...