Small- and medium-sized enterprises (SMEs) in Singapore want continued financial support from the Budget 2021 to help them to retain their employees while they continue to build back their businesses, according to the UOB SME Outlook 2021 Study. More than half of SMEs want...
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...
Despite the pessimistic outlook towards the current job market, bright spots exist where more than half of employers across the board (56%) say they are looking to hire. This has been most apparent in industry clusters such as Essential Domestic Services (65%), Modern Services (62%), and Built...
Amazon announced at the inaugural Amazon Southeast Asia Online Seller Summit 2021 additional resources and support for small and medium-sized businesses (SMBs) in Singapore to start selling online and expand globally through its stores. Amazon announced that it is extending the waiver of professional selling account...
The Singapore Tourism Board (STB) and KrisShop, Singapore Airlines’ flagship retailer, have announced a three-year partnership to jointly market home-grown brands and grow their e-commerce reach, as well as create seamless experiences for their local and international customers. Joint marketing campaigns and e-commerce expansion
Start Digital, launched in January 2019 by the Infocomm Media Development Authority (“IMDA”) and Enterprise Singapore (“ESG”), is an initiative under the SMEs Go Digital programme. It provides newly incorporated SMEs or those that have yet to digitalise with foundational and easy-to-deploy digital solutions, to help them...
The Infocomm Media Development Authority (“IMDA”) has announced a new $30 million fund to accelerate the adoption and commercialisation of 5G solutions. The fund is part of IMDA’s 5G Innovation Programme to create a vibrant 5G ecosystem that offers exciting opportunities and benefits to...
Malaysia's COVID cases have increased at an alarming rate in January 2021, with 42,397 active cases and 642 accumulative deaths, resulting in MCO implementation 2.0. Many small business owners and big enterprises are directly impacted by the unfortunate circumstances that come with the...
Despite more than half of employers (52%) reporting insufficient employees with the right skill sets to achieve current business goals, not enough is being done to upskill or reskill employees. Only one third of employees (32%) agree or strongly agree that their company provide...
As Singapore moves into Phase 3, employees are beginning to think about life after the pandemic including the possibilities on how they can restructure their time outside of the traditional 9-to-5 work-week model. Nearly a year ago, non-essential employees were forced to work from...