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...
The Singapore government’s new IT spending budget has significant opportunities for small and medium sized enterprises (SMEs) in Singapore. According to a release shared by the Government Technology Agency’s (GovTech) press release, these SMEs accounted for almost two-thirds of the total number of ICT contracts awarded by the government in Financial Year 2017....
Small and medium businesses need to jump on to the mobile payments bandwagon in order to gain a competitive edge over larger firms. A recent survey conducted by US-based financial services corporation Visa, indicates that customers worldwide prefer to pay with credit cards or mobile devices. According to the survey titled Digital Transformations...
A FedEx Express study has revealed that small and medium-sized enterprises (SMEs) in Singapore were top exporters by revenue in the Asia-Pacific last year. Singapore’s SMEs generated an average annual exporting revenue of US$1.75 million (S$2.38 million), ahead of the US$1.21 million average recorded across countries in the Asia-Pacific. Singapore also held the top...
Singapore’s MHA and Infocomm Media Development Authority (IMDA) are joining hands to bring technology to small and medium security agencies helping them go digital. The initiative will receive funds to the tune of S$9.54 million over the next few years. The programme aims to support technology and innovation in the industry. The launch...
Information and support on global trade opportunities will help small and medium enterprises (SMEs) in Singapore internationalise and grow, according to research from accounting body Association of Chartered Certified Accountants (ACCA). The accounting body's report revealed that nearly half of respondents in its latest survey would like to receive such...