Amid the economic impact due to COVID-19 and with layoffs expected to rise in the coming months, the Singapore Business Federation (SBF) has issued an advisory to all its member companies on responsible retrenchment practices. In line with the updated Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment...
Despite majority of Singapore employers (89%) reporting that the COVID-19 pandemic has accelerated the adoption of cloud computing and Machine Learning (ML) in their companies, obstacles abound.
Singapore business leaders say that the largest hindrance to adopting cloud computing and ML technologies is the shortage of relevant in-house IT support...
Businesses across Australia are feeling the pinch following a full year of the COVID-19 pandemic, according to a report by credit insurance firm, Atradius.
The Payment Practices Barometer survey of both large and small businesses looked at B2B customer payment behaviour over the past year. The results are dramatic.
5% of all credit...
Singaporean multinational banking corporation United Overseas Bank (UOB) and OctoRocket.asia (OctoRocket), a business to business e-commerce platform, have signed a Memorandum of Understanding (MOU) to enable small businesses in ASEAN on OctoRocket to apply for financing quickly and easily.
OctoRocket, a joint venture launched in January by Singapore Press Holdings...
Cisco has launched a new cybersecurity assessment tool to enable small and medium-sized businesses (SMBs) in Singapore to better understand their overall security posture.
Cybersecurity has become a key focus area for organizations as they embrace hybrid work, allowing employees to securely work from anywhere and through various devices.
This has expanded...
Findings from IDC's Future Enterprise Resiliency and Spending Survey – Wave 11 (Dec 2022) reveals that 36% of Asia/Pacific enterprises believe that "remote and hybrid work models will be an embedded part of accepted work practices" going forward.
Enterprises need to plan for workplace experience parity across a diversity of...
Minister-in-charge of Trade Relations S Iswaran and United Kingdom (UK) Secretary of State for International Trade Anne-Marie Trevelyan have signed the UK-Singapore Digital Economy Agreement (UKSDEA) in conjunction with the inaugural meeting of the UK-Singapore Free Trade Agreement (UKSFTA) Trade Committee.
They also agreed to start discussions on an investment...
Enterprise Singapore (ESG) launched the E-Commerce Booster Package on 2 April. This supports SME retailers with little or no e-commerce experience in starting their business transformation by selling online.
The Package supports 90% of the
cost for retailers to on-board e-commerce platforms for domestic and/or
overseas markets. ESG will also provide...
Small to medium-sized enterprises (SMEs) in Hong Kong are continuing to invest in digital technologies but have become less aware of cyber threats.
According to research conducted at end of 2022 and released by QBE today, Hong Kong SMEs' cyber risk awareness has decreased to 36% from 43% in 2021, despite a...
A global study released by talent investor Entrepreneur
First in August 2019 revealed that many of the Generation Z Singaporeans
surveyed held positive views of entrepreneurship and relate to the values of
entrepreneurs, but remain pragmatic and cautious due to fears of potential
financial loss and a perceived lack of access to capital.
Singapore's...
