The KPMG Pulse of Fintech H2'23 report reveals that the global fintech market faced a series of hurdles in 2023, as total investment dropped to a six-year low of US$113.7 billion across 4,547 deals, down from US$196.6 billion across 7,515 deals in 2022. However, the second half...
The Singapore Business Federation (“SBF”) and V3 Fintech Pte Ltd (“V3 Fintech”), the digital financial services unit of Singapore SME V3 Group Limited (“V3”), announced in December 2019 the establishment of Beyond Lab, a regional digital academy focused on supporting SMEs in adopting digital technology to increase...
Since January 2016, all Singaporeans aged 25 years and above can use their government-funded $500 SkillsFuture Credit to enroll in courses. Individuals can select from a wide array of SkillsFuture Credit-eligible courses to help develop and sharpen their skills. To keep up with today's digital...
JobStreet Malaysia announced the Laws of Attraction recruitment study on 21 April, incorporating data from more than 10,000 local candidates across over 25 industries. The study is especially timely for organisations seeking to build and retain teams that agilely combine skills and mindsets needed in the path...
The first Singapore-China (Shenzhen) Smart City Initiative (SCI) Joint Implementation Committee (JIC) meeting was held on 17 June, helmed by the Ministry of Communications and Information’s Permanent Secretary, Yong Ying-I, and Shenzhen Mayor, Chen Rugui. Eight Memoranda of Understanding (MOU) were also inked at...
The Singapore Business Federation (SBF) hosted a dialogue session with Minister for Trade and Industry Chan Chun Sing and Mr Tan Chong Meng, Co-Chairman of the Future Economy Council (FEC)’s Emerging Stronger Taskforce (EST), on 14 August. Participants included members of the SBF Council and leaders of...
As the majority of Singapore’s workforce continues to work from home, the UOB ASEAN Consumer Sentiment Study found that flexible work arrangements are critical to achieving work-life balance as part of new working norms post-COVID-19. Almost three quarters of Singapore employees expect that work-life...
The Singapore Business Federation (SBF) SME Committee (SMEC) submitted its recommendations for the Singapore Budget 2021 to our Government on 30 November 2020.Budget 2021 RecommendationsFor Budget 2021, the SBF SMEC has put forth six key recommendations to help companies gain access to necessary resources, build resilience to...
In the annual SME financing research conducted by Linkflow Capital, an SME loan consultancy firm, more than half of SMEs experienced improved access to financing in 2020, a significant increase from 39% in 2019. According to Linkflow Capital, up to 52% of SMEs were...
Salesforce and the Singapore Business Federation (SBF), have announced the 120 successful recipients of the Salesforce Small Business Relief Grants Programme. Each recipient will receive a one-off cash grant of S$8,000 to address their immediate cash flow needs, preserve jobs, and embark on initiatives during this challenging...