Dear Valued Customers,
Ranked World’s Most Competitive Economy – Singapore
Welcome to our July Newsletter! How quick time flies. We are more than halfway through the year already. Globally, more economies are re-opening and we are confident that the second-half of 2020 will get even better.
Reopening for Singapore Businesses
More businesses have been allowed to open since 19 June as part of Phase 2 reopening. Singapore has gradually exited its “circuit breaker” period of 2 months, a measure put in place as a necessary precaution to curb the spread of COVID-19. Businesses and employees are still advised to telecommute where possible for the safety of the community.
Singapore In Top Spot as World’s Most Competitive Economy
Despite the pandemic, Singapore has retained the top spot as the most competitive economy in the world for the second year running in the IMD’s World Competitiveness ranking 2020 edition. A total of 63 economies were assessed based on their ability to generate prosperity. The results have been published annually since 2004.
Adopting Cloud Technology to Ensure Business Continuity
Cloud technology is the way of the future for businesses post-COVID-19. 3E Accounting recently participated in SGTech’s webinar on the Cloud Native journey. As a forward-looking progressive SME, 3E Accounting adopts cloud technology across our network offices regionally. In doing so, our company achieves cost savings, can scale our infrastructure speedily and globalize our technological capabilities.
3E Accounting SGUnited Traineeship
3E Accounting has scoped job roles for the SGUnited Traineeship Programme. As local SME business owner, I want to help the COVID Generation cohort and our local Singaporean graduates. To support Safe Management Measures, interviews for these positions will be done virtually. All successful candidates will undergo a Virtual Onboarding Programme using video conferencing tools.
It’s promising to see businesses picking up again in Singapore. If we all do our part, we can ensure safe practices always while in public. We’re all united in this together, and together we will get through it. Until next time, stay safe.
Founder, 3E Accounting Group
Read More in our E-Newsletter July 2020.