Productivity is the Top Priority for SMEs in Singapore Singapore’s Small and Medium Enterprises (SMEs) are determined to make 2020 the year they focus on increasing productivity. A survey conducted by the United Overseas Bank (UOB) found that 51% of the SMEs surveyed were going to make it their top priority to implement productivity measures.…
ESG a Key Growth Driver, Say Fund Managers in Singapore 2020 Set to Be a Profitable Year for ESG Investments Adopting environment, social and governance (ESG) in investments will be a key driver in investment growth over the course of the next 3 years. These findings were reported by the Investment Management Association of…
SGX Reporting Rules Made Easier, but a Safeguard is in Place Riskier Companies Now Subjected to Quarterly Compulsory Reporting The SGX reporting rules in Singapore is undergoing some major changes in a recent announcement by the Singapore bourse. The Singapore Stock Exchange (SGX) is now making it easier for businesses to focus on their…
Singapore’s Economy Manages to Grow Despite Gloomy Global Economy In Southeast Asia, Singapore has always been a feisty contender in a secure and robust economy. Its solid foundation as a trading port and a financial hub ever since the 1960s has weathered several economic crises. The government of Singapore has always been proactive in making…
Over Half of All Singaporean Employers Confident About 2020 Growth High Level of Business Confidence Although 2019 was marked by various economic challenges such as the US-China trade war, Singapore’s business environment remains buoyant as a study by recruitment firm shows that 55% of Singaporean employers cited high levels of confidence in their business…
Data Alignment Exercise by ACRA to Streamline Information Streamlining Information and Records for Greater Efficiency Streamlining information across relevant government records in Singapore is going to be easier with the data alignment exercise initiative. Under the National Registration Act, position holders who have their information filed with the Accounting and Corporate Regulatory Authority…
European Union (EU)-Singapore Free Trade Agreement (FTA) The European Union (EU) and Singapore have recently signed a landmark agreement. The EU-Singapore Free Trade Agreement (EUSFTA) signifies the shared conviction of both parties that open and global rules-based trade is the path to growth and prosperity. The FTA has finally come into force 2 days ago,…
New Fintech Funding Plans in Singapore to Extend Beyond 2020 The Monetary Authority of Singapore (MAS) is extending new Fintech funding plans, after achieving positive results in the initial phases. MAS’s New Plans to Include Cyber Security and Artificial Intelligence AI As the first round of Fintech initiatives comes to an end after five…