Casino gaming and entertainment casino developer, Melco Resorts & Entertainment, has teamed up with a local SME, Man Io Energy, to develop Macau’s largest solar array. Melco is the first integrated resort in Macauto installon-site renewable energy technology by installing over 18,000 solar photovoltaic panels covering close to 30,000 square meters of...
The Association of Small & Medium Enterprises (ASME) has recently launched the SME Cloud Exchange Network Software (SMECEN) that encourages small and medium enterprises to embark on digital transformation to be global ready. Supported by Enterprise Singapore, the Accounting and Corporate Regulatory Authority (ACRA) and Inland Revenue...
A recently-launched joint food-retail incubator initiative by Enterprise Singapore, NTUC FairPrice and Nanyang Polytechnic will help small and medium enterprises in Singapore get their new products out in supermarkets faster. The incubator named YumSing! will help food companies accelerate the process of bringing products...
The Singapore FinTech Association (SFA) and media corporation Thomson Reuters are to collaborate on projects to promote the country's fintech industry and strengthen its fight against cybercrime. The joint initiative will involve working alongside financial institutions, universities and startups to explore the use of...
Telecommunications company StarHub and United Overseas Bank Limited (UOB) have joined hands to provide digital solutions to small and medium enterprises (SMEs) to help speed up their digitalisation efforts. The collaboration is aimed at helping SMEs and new companies thrive in the digital economy and is in...
Singapore signed a second protocol amending the Comprehensive Economic Cooperation Agreement (CECA), which will boost bilateral trade with India, with both sides agreeing to expand the coverage of tariff concessions. The provisions of the Second Protocol will come into effect from September 14, 2018. "The two countries are exploring the possibility of launching...
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...
HSBC Singapore has launched an exclusive full suite of banking services and tailored solutions to select small and medium enterprises (SMEs). Operating on a per invitation basis, the accelerator programme titled Pioneer will provide tailored business solutions, flexibility, support and expertise for SMEs who are not able to access banking services...
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...
DBS will create a B2B platform for small and medium enterprises (SMEs) to sell their goods and services to large corporate and multinational corporations (MNCs). DBS is collaborating with Singtel for the SME portal which will instantly connect SMEs including those without an online presence to an e-commerce platform hosted on the...