At a recent technology forum, Singapore Minister for Trade and Industry, Chan Chun
Sing emphasised on the role of small and medium enterprises (SMEs) in innovation.
According to Chan, we now live in an era where the effects of technological disruption are
ubiquitous, touching all aspects of our lives – from the way...
In a significant revamp of accountancy regulations, auditors will come under greater scrutiny according to new proposals put forward by the Singapore Exchange Regulation (SGX RegCo). The latter will order a second audit on listed companies with clean audits if something does not seem right.
The government is amending rules to make it cheaper and easier for small and medium
businesses (SMEs) to start bidding for government projects.
Since June 2018, companies with yearly revenues below $5 million no longer have to
produce audited financial statements to take part in government tenders. This makes the
process of bidding...
FedEx Express’ annual APAC SME Research Report has revealed that small businesses in
Asia are using technology to drive exports worldwide. For the first time, the proportion of
SMEs that export beyond Asia exceeds the proportion who export only to countries within
the region.
Overall, the number of SMEs exporting beyond Asia is...
Singapore SMEs continue to adopt a mildly optimistic outlook for the first six months of 2019 as general sentiments eased across all seven sectors.The SBF-DP SME Index (the Index) decreased from 51.0 to 50.7 this quarter, indicating a slight dampening of sentiments among SMEs. This index is...
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...
A release from Singapore’s Ministry of Trade and Industry (MTI) indicated that the economy grew by 2.2 per cent on a year-on-year basis in the fourth quarter of 2018, easing slightly from the 2.3 per cent growth in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis,...
The last couple of years has seen increased focus among government & policymakers to ramp up Singapore's indigenous productive capabilities, especially those of its small and
medium businesses (SMEs).
In a report released in 2010, the Economic Strategies Committee (ESC) - a government
committee set up to provide strategic direction for the...
Minister for Communications and Information and Minister-in-charge of Trade Relations S Iswaran has announced the launch of the SUNRISE programme, a programme that sets in motion bilateral trade activities and establishes institutions of commerce between Singapore and the state of Andhra Pradesh, India.The Singapore Business Federation (SBF) is...
The Infocomm Media Development Authority (IMDA), Singtel and DBS recently rolled out a new 99%SME e-commerce platform (99sme.sg) that aims to help small and medium enterprises (SMEs) in Singapore easily adopt digital technologies and provide their customers with omni-channel experiences. The new platform was launched by Sim...
