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) has announced that it will further extend the MAS SGD Facility for ESG Loans. This extension will complement the six-month extension of Enterprise Singapore’s (ESG) Temporary Bridging Loan Programme (TBLP) from 1 April 2022 to 30 September 2022.  
DBS announced today that it will be availing a complimentary cybersecurity training programme to help protect the 280,000-strong SME community in Singapore from the growing threat of cybercrime.At the end of the programme, SMEs will be presented with recommendations for suitable cyber insurance and cybersecurity solutions. This enables...
EU Commissioner Thierry Breton and Singapore Minister-in-charge of Trade Relations S Iswaran have agreed to accelerate steps towards a comprehensive and forward-looking Digital Partnership between the EU and Singapore. They reaffirmed their shared ambition to bring the robust and longstanding EU-Singapore relationship into 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...
As upskilling tops the business agenda for companies in Singapore, seven in ten (68%) Small and Medium Enterprises (SME) employers say that they require more support in the form of training resources. One in two (50%) of SME employers cite 'the lack of budget' as the key...
According to SBF’s latest National Business Survey (NBS) 2021/2022, businesses in Singapore are more optimistic compared to last year despite the continued challenges posed by COVID-19.The survey, conducted from 26 July 2021 to 1 October 2021, received responses from 1,096 companies across all key sectors and covered...
Singapore and the United Kingdom (UK) have substantially concluded negotiations on the UK-Singapore Digital Economy Agreement (UKSDEA), according to MTI. The UKSDEA will be Singapore’s third DEA, following the Digital Economy Partnership Agreement with Chile and New Zealand, and the Singapore-Australia DEA. The agreement...
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...
A*STAR’s Institute of High Performance Computing (IHPC) and ERS Industries Pte Ltd, a Singapore-based data centre solutions company, have developed an energy-efficient cooling system, KoolLogix, which uses an innovative heat exchange and phase change approach that can reduce energy consumption at data centres by up to 50 per cent.