In a bid to help SMEs in their digital transformation journey, banking and financial services corporation DBS has recently launched DBS SME Connect, a portal for SMEs across all industries to access web-based business tools and services to get digital, connected and protected fast. SMEs who are trying to...
The Infocomm Media Development Authority (IMDA) and Enterprise Singapore launched Start Digital, an initiative of the SMEs Go Digital programme. Start Digital will enable new SMEs to get a head start with two foundational digital solutions - with costs waived for minimum six months – to accelerate growth and...
A release from Singapore’s Ministry of Trade and Industry (MTI) indicated that the economy grew by 2.2 per cent on a year-on-year basis in the fourth quarter of 2018, easing slightly from the 2.3 per cent growth in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy...
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 operations for...
A recently-launched joint food-retail incubator initiative by Enterprise Singapore, NTUC FairPrice and Nanyang Polytechnic will help small and medium enterprises in Singapore get their new products out in supermarkets faster.
The incubator named YumSing! will help food companies accelerate the process of bringing products to market by providing a structured...
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...
The government is amending rules to make it cheaper and easier for small and medium
businesses (SMEs) to start bidding for government projects.
Since June 2018, companies with yearly revenues below $5 million no longer have to
produce audited financial statements to take part in government tenders. This makes the
process of bidding...
At a recent technology forum, Singapore Minister for Trade and Industry, Chan Chun
Sing emphasised on the role of small and medium enterprises (SMEs) in innovation.
According to Chan, we now live in an era where the effects of technological disruption are
ubiquitous, touching all aspects of our lives – from the way...
Kampong Glam, Singapore’s first digitally-enabled neighbourhood, has launched five
initiatives in its first phase to help traditional businesses located in the area succeed in a
digital economy. Around 150 merchants have already benefited from the digital
transformation.
The neighbourhood transformation project led by the IMDA in collaboration with Enterprise
Singapore, the One Kampong Gelam...