Even as Singapore pushes to become cheque-free by 2025, cash cheques continue to be used by small and medium-sized enterprises (SMEs), typically to pay staff salaries, get cash for daily business operations or pay vendors for services rendered. While cheque usage by OCBC...
The Singapore Environment Council (SEC) announced on 19 March 2020 that Small and Medium Enterprises (SME) holding its internationally recognized certification, the Singapore Green Labelling Scheme (SGLS), and Eco Certifications can now apply for financing with HSBC SME Green Loan (Green Loan). The...
PropertyGuru, announced on 12 March its expansion into home finance with the launch of its mortgage marketplace, ‘PropertyGuru Finance’. Through this venture, PropertyGuru aims to assist Singaporeans in saving money on their home loans in the long term, as well as simplify their...
As the global war for talent continues, creating and delivering a great employee experience in the workplace has become a key area of interest for business leaders globally, with eight out of 10 (79%) believing it has business impact -- yet less than a third (28%) are...
Asian Development Bank (ADB) President Masatsugu Asakawa and Singapore Deputy Prime Minister and Minister for Finance Heng Swee Keat officially opened ADB’s new office in Singapore on 5 March 2020, deepening efforts to collaborate on some of the most pressing development challenges facing Asia and the Pacific....
Trend Micro Incorporated, a provider of cybersecurity solutions, released its 2019 Cloud App Security Roundup report on March 11. The report highlights changes in messaging-specific threats detected last year, the use of more sophisticated malware, and the potential abuse of emerging technologies in artificial intelligence to inform...
Epson revealed the findings of its report,  SME striving for Digital Transformation amidst many hurdles, which states that Singapore small-medium enterprises (SMEs) are among the lowest in Southeast Asia (SEA) to adopt sustainable business operations. This is despite Singapore SMEs having the strongest understanding of the ‘Digital Transformation’...
Since January 2016, all Singaporeans aged 25 years and above can use their government-funded $500 SkillsFuture Credit to enroll in courses. Individuals can select from a wide array of SkillsFuture Credit-eligible courses to help develop and sharpen their skills. To keep up with today's digital...
OCBC Bank leveraged Singapore Customs’ electronic Banker’s Guarantee program which was launched on 2 March, issuing an electronic banker’s guarantee (eBG) to Singapore Customs on behalf of vCargo Cloud, an Infocomm Technology solution and service provider that performs customs declaration services for forwarders and shippers.
DBS Bank has completed the first trade financing settlement through through vCargo Cloud’s CamelONE Trade Finance portal (TFP) – with another two transactions slated to close in early March. The inaugural transaction relates to an SGD 4.8 million letter of credit transaction by homegrown steel wholesaler and...