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…
In line With Smart Nation Singapore, the Wage Credit Scheme Will Be Paid via Digital Payment Modes As a business owner, you would always find it hard to retain the right talent. It takes a lot of work to maintain the right talent. This is on top of the workload of making sure business is…
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…
Budget 2020 Speech to Be Delivered in Singapore 18 February The Budget is Set to Tackle Immediate and Long-term Issues Singapore’s Finance Minister is set to deliver the annual speech for this year – the Budget 2020 speech – on 18 February. The announcement is set to be broadcasted on live television and radio.…
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…
Strong Training Framework Is Helpful To Employees And Companies In Singapore Plug Skills Gap By Improving Training Singapore’s Manpower Minister highlighted the importance of a robust training framework at the recent launch of Workforce Singapore (WSG) programme, “The gap between jobs and skills will widen as businesses transform in the digital economy, but Singapore…
Growth in Employment Raises Hopes for 2020 Stronger Job Market Than Expected The 2019 Singaporean job market has turned out to be stronger than predicted, leading many analysts and recruiters in the private sector to predict increased hiring in 2020. Recent data from the Ministry of Manpower (MOM) indicated that total employment growth grew…
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…