Doing Business 2019 is the 16th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Founded on the principle that economic activity benefits from clear and coherent rules on property rights, dispute resolution and protection of contractual partners,...
On 4 November 2019, OCBC announced that start-ups can now open an OCBC business banking account in Singapore immediately after incorporation, rather than experiencing the typical one day wait. This is made possible through an Application Programming Interface (API) between OCBC Bank and global information services provider, Experian. Once a business...
Infobip, a global cloud communication platform company for businesses specialising in omnichannel customer engagement announced on November 5 its partnership with AmBank Group, one of Malaysia’s largest banking groups. Infobip is part of AmBank's newly launched BizM.A.T.E (Multi-partner, Actionable, Technologically Efficient Solutions) with 16 other partners, offering small-to-medium enterprise (SME) client tools...
M1 Limited (M1) announced on 5 November 2019 its participation in the Start Digital initiative, launched earlier this year by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore. The Start Digital program is aimed at helping newly-incorporated SMEs and new adopters of digital solutions to get...
To achieve the vision of Singapore as a global front-runner for innovation in secure and resilient 5G applications and services, the The Infocomm Media Development Authority (IMDA) has put in place several initiatives to develop the 5G ecosystem: Regulatory ...
SAP SE, an international cloud company of German origin, announced on 17 October the launch of its Singapore Data Centre for SAP Commerce Cloud for businesses across the Asia Pacific (APAC) region. This promises the ability for them to deliver superior customer experiences by adopting new digital commerce strategies. This comes as...
Senior Minister of State (Trade and Industry) Dr Koh Poh Koon unveiled Moovaz as the winner of the inaugural Trade and Connectivity Challenge (TCC) at the Singapore Logistics Forum 2019, held in October. Their winning solution seeks to address the challenge for traditional businesses to accelerate digitalization...
GoBear, an Asian financial supermarket, commissioned an online survey with over 4,000 respondents across four countries in Asia Pacific to better understand the financial health of people across the region. Specifically, the Singapore start-up wanted to identify common gaps around personal finance – from financial literacy, to...
DBS launched a digital logistics solutions package for SME customers in the space in October 2019. The package will help Singapore-based SMEs in the logistics sector overcome expansion challenges and stay ahead of evolving consumer consumption patterns and emerging business trends across Asia. Currently, the...
My Fashion Republic Group, a Sydney headquartered online retailer of luxury products accounted on 29 October 2019 that it has signed a definitive agreement to acquire Luxify.com, an online market place for luxury goods from Hong Kong. Launched in 2013, Luxify.com, has made its name as an established...