On 21 April 2020, the Multi-Ministry Taskforce announced that it would extend the circuit breaker period until 1 Jun 2020 (inclusive), and put in place enhanced circuit breaker measures minimally for a two-week period from 21 April 2020 until 4 May 2020 (inclusive).
To support the liquidity needs of small and medium-sized enterprises (SMEs), DBS Bank has launched a digital financing facility with Haier Group (Haier), a leading Chinese consumer electronics and home appliances enterprise, to enable its ecosystem of distributors to access lower cost financing for their purchase orders...
OCBC Bank has become the first financial institution to bring Google Pay’s peer-to-peer (P2P) funds transfer service to Singapore. Singapore is currently the third country aside from the United States and India where this service is available. With the integration of the Google...
Facebook Singapore – in partnership with the Singapore Tourism Board (STB) Marketing College and Enterprise Singapore (ESG) – will launch a series of training sessions via webinars to help small and medium-sized businesses (SMBs) impacted by the COVID-19 pandemic, pivot their business operations and upskill workers to...
On 15 April 2020, the first tranche of payouts under the Jobs Support Scheme (JSS) began to be disbursed to over 140,000 employers. Totalling over $7 billion, the payouts will help to cover the wages of over 1.9 million local employees in Singapore.
IPOS International and the Singapore University of Social Science (SUSS) will jointly offer full complimentary access to a nine-hour online training course on leveraging a company’s intellectual property (IP) assets for business growth, from 13 April 2020 to 4 May 2020, which coincides with Singapore’s COVID-19 ‘Circuit Breaker’...
The 11th APAC Small Business Survey conducted by CPA Australia reveals that 44 per cent of small businesses in Hong Kong had sought external funds for survival in 2019, while 25 per cent of respondents experienced difficulties in paying debts last year and 29 per cent expected...
DBS announced on 3 April that it will introduce a third round of liquidity relief measures to help individuals and SMEs impacted by the COVID-19 pandemic. These measures closely follow the guidelines as set out in the relief package for borrowers announced by the Monetary Authority of...
Enterprise Singapore (ESG) rolled out the Food Delivery Booster Package on 4 April 2020. This supports F&B businesses in transforming their business models and meet the needs of digitally-connected consumers. The package will help to reduce the business costs of selling on three key...
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...