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 developing economies.
The...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS)
As the year comes to a close, companies are gearing up for the Corporate Income Tax (CIT) filing for the Year of Assessment (YA) 2023. In this article, the Inland Revenue Authority of Singapore (IRAS) shares five CIT...
Talk of a global recession has been hogging headlines and conversations. In Singapore, the latest data from the Ministry of Trade and Industry showed the local economy shrinking 0.4% from the previous quarter, triggering comments from analysts that a potential technical recession is on the way.
SMEs, which make up...
Singapore moved up two notches in the 2023 Global Innovation Index (GII) to 5th in the world and regained its top spot in Asia after coming behind South Korea in the last two years.
The GII is published by the World Intellectual Property Organization (WIPO). The index is based on...
A new framework to disclose and communicate the value of intangible assets (IA) was launched today alongside new resources to help enterprises manage and commercialise their intellectual property (IP).
The Intangibles Disclosure Framework (IDF), unveiled by the Intellectual Property Office of Singapore (IPOS) and Accounting and Corporate Regulatory Authority (ACRA),...
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 growing necessity for greater standardization...
Workato has announced the first digital automation and integration solution to come onboard the Infocomm Media Development Authority’s (IMDA) Advanced Digital Solutions (ADS) scheme, under the SMEs Go Digital programme.
Through the scheme, Workato aims to onboard over 1,500 SMEs and help them access funding, resources and opportunities to scale...
New research from Xero has revealed that 89% of small business owners in Singapore are concerned about AI development and adoption is outpacing regulation, as generative AI tools permeate various industries and the workforce.
Xero’s Future Focus AI research surveyed over 3,000 small business owners from Singapore, Australia, Canada, New Zealand,...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS).
Whether you are going through the GST rate change for the first time as a newly GST-registered business or are looking for a refresher to transit smoothly ahead of the second GST rate change, the Inland Revenue Authority...
The United Nations Development Programme (UNDP), Global Legal Entity Identifier Foundation (GLEIF) and Monetary Authority of Singapore (MAS) have signed a Statement of Intent to embark on a collaborative initiative to develop digital Environmental, Social and Governance (ESG) credentials for micro, small and medium-sized enterprises (MSMEs) worldwide.
Known as Project...
