Singapore-based fintech solutions provider, InfoCorp, has launched the Sentinel Chain Consortium Programme to onboard strategic fintech and agritech partners onto Sentinel Chain - the world's first international platform to accept the use of livestock as collateral via a consortium blockchain. Southeast Asia’s poultry production...
The COVID-19 pandemic is proving a challenging time for businesses, who have to contend with declining sales, social distancing requirements, and a global economic slowdown. In this climate, according to Ng Li Lian, Head of Business Banking, HSBC, “managing their cashflow and liquidity will be critical every...
The Accounting and Corporate Regulatory Authority (ACRA) and the Inland Revenue Authority of Singapore (IRAS) have partnered accounting software providers to co-create a new digital solution that allows SMEs to automate the preparation and filing of statutory returns with IRAS and ACRA seamlessly. This...
Small businesses in Singapore are the most satisfied within ASEAN with the relief measures provided by their government to cushion the impact of COVID-19 according to a recent survey conducted by United Overseas Bank (UOB), Accenture and Dun & Bradstreet. Close to three in four (72 per...
While state-sponsored threat actors and sophisticated attacks are often in the spotlight, businesses today are faced with a whole array of more immediate threats. These range from ransomware and data leaks to commercial espionage, and result in no less damage to the organizations’ operations or reputation. These...
Visa has launched Where You Shop Matters, an initiative that encourages consumers to support their local businesses, while helping SMEs to go digital following the onset of COVID-19. The initiative is part of Visa’s broader small business strategy and follows commitments the company has made to support 10 million...
As the COVID-19 pandemic continues to transform our daily lives, Microsoft, with research from TechRepublic Premium, looked into the impact the pandemic has had on the region's legacy work styles, business operations and how it has accelerated an increase in overall technology adoption, realizing a hybrid new...
Building on the momentum towards digitalisation and the broader need to strengthen our supply chains, Enterprise Singapore (ESG) and the Infocomm Media Development Authority (IMDA) have refreshed the Logistics Industry Digital Plan (IDP). The refreshed Logistics IDP will provide a clearer digital roadmap for...
SAP SE has unveiled findings for the study Digital Resilient, and Experience-driven: How Small and Midsize Organisations Can Prepare for the New Economy. The study highlights how small and midsize enterprises (SMEs) in Asia-Pacific (APAC) are uniquely positioned to adapt and thrive in the dynamic and distributed...
DBS has introduced an automated supplier procure-to-pay solution for the construction sector developed by Singaporean fintech Doxa. Named Doxa Connex, the payments solution is a first for the sector in Singapore and it aims to help main contractors improve cashflow management with their suppliers as well as...