Singapore has quickly come to represent an economic powerhouse in recent years. Due in no small part to a burgeoning economy as well as massive investments from foreign firms, businesses have experienced a significant amount of growth and this trend shows no signs of slowing down. Not only is this o
Category: SMEs
SMEs still plagued by manpower issues and high cost of doing business in Singapore: DBS poll
Citing challenges such as manpower issues, high operational costs and growing business revenue, SMEs in Singapore are facing a difficult economic environment.
SMEs to get funding support in upskilling of workers
“Small and medium-sized enterprises (SMEs) should send their workforce for upskilling,” said Senior Minister of State for Trade and Industry Dr Koh Poh Koon during a visit to Racer Technology’s headquarters at Changi South Street.
SICCI commits to helping Little India merchants digitalise
The Singapore Indian Chamber of Commerce & Industry (SICCI) is collaborating with various partners to help them leverage on technology to improve processes and capture growth opportunities. It also launched a revamped web portal and mobile app for its members, focusing on its mission to go digital.
SICCI proposes Gujarat govt to set up SEZ for Singapore SMEs and MSMEs
Singapore Indian Chamber of Commerce & Industry (SICCI) has made a proposal to the Gujarat government for setting up a Special Economic Zone (SEZ) for Singapore SMEs and MSMEs to overcome the problem of land scarcity in Singapore and attract skilled manpower of India.
Grab partners China’s ZhongAn to create digital insurance in Southeast Asia
Users will be able to directly browse and pay for affordable insurance products through the Grab app, without going through an agent or broker.
Singapore firm sues GrabTaxi Holdings over domain name dispute
The dispute was over an alleged agreement that the two companies had over the Indonesian Internet domain name, “grab.co.id”.
Go-jek goes islandwide, with continued priority access for DBS customers
The decision to extend its services to the whole island was made “successful limited service rollout”, said Go-jek.
Business sans borders to help in fostering SME digitalisation
MAS and IMDA are working together to create a cross-border innovation platform called Business sans Borders to enhance domestic and international trade opportunities for Small and Medium-sized Enterprises (SMEs).
Hyundai invests another SGD342 million in Grab
The additional investment builds on Grab’s existing strategic partnership with Hyundai and brings Grab’s current fundraising to US$2.7 billion raised.