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...
Building on the momentum towards digitalisation and the broader need to strengthen our supply chains, Enterprise Singapore (ESG) and the Infocomm Media Development Authority (IMDA) have refreshed the Logistics Industry Digital Plan (IDP). The refreshed Logistics IDP will provide a clearer digital roadmap for...
Despite the challenges facing Singapore businesses in an uncertain economic climate, nine in 10 businesses now recognize the importance of business transformation to maintain competitiveness and competency. Nearly two in three companies (66%) also view technology adoption as fundamental in transforming their businesses. Internationalization has picked up...
The DBS SME Pulse Check Survey, conducted ahead of the coming 2023/24 Hong Kong Budget announcement, found that 58% of Hong Kong’s SMEs would like to receive more funding and financial support from the government, amid growing concerns about the state of the global economy.According to the...
About 660,000 individuals upskilled themselves through SkillsFuture Singapore (SSG)-supported programmes in 2021. This was the highest number of SSG-supported individuals in a year since the launch of SkillsFuture. Extension of COVID-19 support measures In 2021, SSG extended COVID-19 support measures to...
ST Engineering and the National University of Singapore (NUS) have joined forces to develop network encryption solutions that provide superior security by leveraging quantum cryptography technology. The collaboration is supported under the National Research Foundation’s (NRF) Quantum Engineering Programme (QEP). Current...
Singapore is often lauded as a food paradise. Yet, according to the Singapore Food Agency, the country imports more than 90% of its food, making it vulnerable to food supply chain disruptions that could occur due to global factors such as climate change, disease outbreaks, geopolitical developments...
This article was contributed by the Inland Revenue Authority of Singapore (IRAS). It is the time of the year again – Corporate Income Tax (CIT) filing season for the Year of Assessment (YA) 2021 has begun. Before you jump right into it, check out...
The Singapore Business Federation (SBF) welcomed the Singapore Exchange Regulation’s (SGX RegCo) announcement in January 2020 to apply quarterly reporting requirements only for companies associated with higher risks while strengthening continuous disclosure requirements on all listed companies. This is in line with one of the recommendations...
Start-ups, Small and Medium Enterprises (SMEs), and youth will get more resources to innovate using their Intellectual Property (IP). They will be able to tap on free IP legal advice, patent drafting and/or prosecution services, resources, and training. A release...