Moving Business and Establishments: Why Foreign Companies Relocate in Singapore? International companies and large corporations are locating for countries with higher marketing success to meet their shareholders’ standards. These foreign investors consider varying factors to set up and operate their businesses, in which Singapore comprises, making it a prime destination for investors globally. In this…
Defining Types of Structures and Company Shares in Singapore Shareholders are entitled to participate in board meetings and influence ownership of a company in Singapore, depending on the distinct structure of shares. It is governed by the beneficial interests and the standard of the company constitution. The founders and shareholders share a bundle of rights…
Changing Forces of Accountancy Rapid technological advancements, such as the introduction of 5G networks and Wi-Fi 6 in the new decade, coupled with the Covid-19 pandemic that sparked the switch towards remote working, has forced the business to digitise their operations to a larger extent in order to stay relevant. While it is a prominent…
Introduction Secretaries are crucial in ensuring the daily operations of a company. Structured and efficient handling of administrative tasks and facilitating communication in the company form the backbone of a strong and successful company. Because incorporated companies are required by law to appoint a secretary, it is important to get a reliable and capable secretary…
Understand How to Exploiting Big Data Big data and analytics have been the hot topic lately and when analytical techniques have been effectively applied to big data, businesses can benefit from the value it created. Knowing what big data means and how to utilize them is essential for businesses to improve their decision making and…
Automation Shaping Businesses Technology has always been reshaping businesses, however, automation is the new game-changer. With businesses always coming up with ways to improve efficiency without sacrificing service and quality, this is where automation comes to great use. Automation is on the rise in every industry, ranging from manufacturing to service and even now, finance.…
Preparing for Blockchain With the introduction of emergent technologies such as Artificial Intelligence (AI), blockchain and Machine Learning (ML), the accounting profession was enhanced. Technology plays a huge role in improving the efficiency of accounting professionals but at the same time, it makes certain roles redundant. Hopping on the trend of Industry 4.0, back in…
Speed of New Digital Age The 2020s will mark the dawn of a more enhanced technological data with the introduction of 5G networks and Wi-Fi 6; the former is expected to be 100x faster than the 4G networks, while the latter’s data transfer strength could be 3x faster than the previous protocol. We can expect…