Against the global backdrop of rising market and geopolitical volatility, companies in Singapore are taking concrete actions to make the best of potential uncertainties despite mixed sentiments, as reflected in a recent survey conducted by TMF Group, a leading provider of international business administration support services.
Singaporean lithium-ion battery manufacturer, Durapower Holdings Pte Ltd has announced that its subsidiary Suzhou Durapower Technology Co Ltd has just broken ground for its new battery manufacturing factory in Suzhou, China.
The new factory will have an area size of 32,500 square meters, featuring...
EU Commissioner Thierry Breton and Singapore Minister-in-charge of Trade Relations S Iswaran have agreed to accelerate steps towards a comprehensive and forward-looking Digital Partnership between the EU and Singapore.
They reaffirmed their shared ambition to bring the robust and longstanding EU-Singapore relationship into the...
MODIFI today announced US$24m in Series B, which brings its valuation to more than US$120m. The funds will be used to grow MODIFI's digital trade finance platform for SMEs into a global trade management hub.
MODIFI’s digital trade finance platform for SMEs spans the three...
A report based on the study Decoding Global Ways of Working states that only 7 per cent of Asia's workforce now want to commit to a completely onsite work arrangement. A majority of them have expressed a desire for flexibility in where their work gets done. A total of...
Atradius has released its 2023 Regional Economic Outlook report, setting out growth forecasts for key economies in Asia, including the outlook for a newly reopened China, and offering a long-term view on the risks of geo-economic fragmentation resulting from ongoing supply chain reconfigurations and geopolitical tensions.Overall Asia macro-economic outlook:
The Monetary Authority of Singapore (MAS), in partnership with the International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), have launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and Africa.
Known as the...
Facebook has announced its allocation of about S$4.75 million to support more than 800 small businesses in Singapore through a new grant programme.
In a media statement, Facebook said that each eligible business could receive a grant amounting to S$5,500 comprising S$3,500 in cash...
The DBS SME Pulse Check Survey, conducted ahead of the coming 2023/24 Hong Kong Budget announcement, found that 58% of Hong Kong’s SMEs would like to receive more funding and financial support from the government, amid growing concerns about the state of the global economy.According to the...
Small to medium-sized enterprises (SMEs) in Hong Kong have made significant progress in digitalising their businesses and will continue to invest in digital technologies, according to a recent survey conducted by QBE Hong Kong.
The drive for digitalisation has continued among Hong Kong SMEs, QBE's annual...
