By now most businesses are familiar with the need to change and make decisions more quickly than ever before, yet new data from Zendesk’s ‘Agility in Action Report’ suggests that it is easier said than done, with only 16% of managers in Singapore classifying their organisations as...
Singapore-based startup CSE SG has unveiled the new generation Smart Contract 2.0 - featuring multi-contractual conditions and multi-industry applications running under the revolutionary, super-fast blockchain 3.0 technology. The new generation Smart Contract 2.0 has been applied to the field of finance globally, enabling ICOs, STOs and...
Small and Medium Businesses (SMBs) play an important role in the economy: according to the Asian Development Bank, SMBs account for an average 97 percent of all enterprises in the Asia Pacific region, meaning that they deserve top priority for protection against cyberattack. However,...
Cloud Comrade, an enterprise-focused, Singapore-based cloud computing consultancy company and Google Cloud have joined forces to help ICT SMEs in Singapore take advantage of opportunities in a Services 4.0 era via GoCloud with Cloud Comrade, an Infocomm Media Development Authority (IMDA) initiative. The GoCloud initiative by IMDA...
As Joseph Pine and James H. Gilmore stated in the 1998 article “Welcome to the Experience Economy”: “From now on, leading-edge companies, whether they sell to consumers or businesses, will find that the next competitive battleground lies in staging experiences.” The experience thus becomes the relevant unique selling point that is decisive for...
Research published by US-based app analytics firm App Annie has revealed that Singapore mobile users install, on average, 115 apps and use 46 of these - the highest among the countries. This points to a preference for “unbundled apps” rather than super apps being pushed by companies such as...
The Inland Revenue Authority of Singapore (IRAS) partnered with the tax community and government agencies to simplify Corporate Income Tax (CIT) Filing 2021 for companies. With the new initiatives, companies and tax agents can further reduce the time they take to file CIT this year.
Singapore SMEs are looking to invest in business transformation despite expectations of a soft economic environment outlook in the next six months, together with lower turnover and profitability.  The SBF-DP SME Index (the Index) has seen a dip from 50.7 to 50.4 this quarter,...
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...
COVID-19 has seen consumers across the world ditch cash and in-person shopping in favour of online spending, according a Standard Chartered global survey. Almost two-thirds of survey respondents (64 per cent) agree that COVID-19 has made them more positive about online shopping, but they are also more...