New Enhanced CPF Grant in Singapore To Provide Higher Grants and Wider Selection First-Time Flat Buyers to Enjoy More Options and Higher Grants Singaporeans buying a flat for the first-time will thrilled with the options provided in the new Enhanced CPF Grant (EHG) Singapore. Flat buyers will soon get to choose the location and…
The Simpler It is, the More People Are Using PayNow for Their Online Transactions and Fund Transfers Consumers and customers of today are accustomed to online banking, transactions and fund transfer. Hence, when the national fund transfer PayNow was launched in July 2017 in Singapore, it was a godsend. Ever since then, more PayNow users…
Monetary Authority of Singapore (MAS) Outlines Eligibility Criteria For Digital Bank License Application The Monetary Authority of Singapore (MAS) announced that the application for new digital bank licenses from non-bank players is now opened. The regulator is expected to award up to five digital bank licences by mid-2020 and the successful applicants are expected to…
Intellectual Property Initiatives Launched in Singapore Singapore Firms to Receive Support for Patents, Trademarks and Brands Singapore moves one step closer to becoming a trusted global intellectual property (IP) hub with the launch of new intellectual property initiatives. The Intellectual Property Office of Singapore (IPOS) announced a series of new initiatives to support the…
Trusted Data Sharing Framework Announced in Singapore New Guidelines for Trusted Data Sharing Among Businesses Singapore has announced the first comprehensive Trusted Data Sharing Framework to help facilitate data sharing between organisations. The framework was developed by the Infocomm Media Development Authority (IMDA) and the Personal Data Protection Commission (PDPC). It established a set…
New Accreditation Programmes Will Help Boost Consumer Trust in Businesses How can a consumer trust a brand to deliver top-quality standard products? Most renowned brands put their products and services through rigorous tests and certification. Hence, accreditation helps both brands and consumers by ensuring that products and services in the market meet the required quality…
Launched of IPOS Entity to Help Drive Business Growth New One-stop IPOS Centre for Even Greater Business Convenience Singapore is moving towards becoming a trusted Intellectual Property (IP) hub. The launch of its new IPOS entity is a step in that direction. IPOS International is the new entity of Intellectual Property Office of Singapore…
Stricter National Registration Identity Card (NRIC) Rules in Singapore Beginning 1 September It Will Soon Be Illegal to Collect NRIC Numbers Without Authorisation As of 1 September, stricter NRIC rules will be in place regarding collection and data disclosure. Companies need to comply or risk hefty penalties. Singapore’s Personal Data Protection Commission (PDPC) is…
NDR 2019: Summing Up Singapore’s National Day Rally 2019 An Overview of Everything You Need to Know About Singapore’s National Day Rally (NDR) 2019 Singapore’s recent NDR 2019 introduced several new changes, and here’s the gist of everything you need to know. Looks like a bright future ahead indeed. Increase Retirement and Re-Employment…
Integration and Innovation the Fuel for Global Growth: Minister for Trade and Industry Chan Chun Sing at IBM Think Singapore Conference Singapore’s Minister for Trade and Industry Chan Chun Sing has called on countries and companies to embrace strategies of innovation and integration to defy the odds in the face of increasing fragmentation and Balkanisation…
Singapore to Raise CPF Rates and Retirement Age: National Day Rally 2019 Good news followed the National Day Rally 2019. Older workers will soon enjoy higher Central Provident Fund CPF rates and retirement age. Singapore Prime Minister Lee Hsien Loong announced that the retirement age will be progressively raised from 65 to 70 by 2030.…
Singapore’s Fund Transfer Service PayNow Will Soon to Be Rolled Out to Government Agencies Singapore is marching forward with its Smart Nation initiatives, its latest move involving PayNow. This service will bridge the final gap in e-payments. All government agencies will soon have access to PayNow, including statutory boards. Making payments from fines to school…