Friday, May 29, 2020
By 2 June, Singapore’s circuit breaker period will come to an end. The circuit breaker, which began in early April, was implemented as a measure to combat the effects and spread of COVID-19 which had struck the city state particularly hard during that time.  As the nation enters Phase...

COVID-19: The Novel Coronavirus

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Singapore Unveils Fourth Stimulus Budget to Fight COVID-19

SINGAPORE – Tuesday, 26 May 2020: Singapore's Finance Minister Heng Swee Keat unveiled a new raft of stimulus measures worth S$33 billion (US$23.2 billion)...

Singapore Business Leaders Ready to Deal with Post Covid-19 Impact

As Singapore deals with the prospect of an extended recession, slated to be one of the worst among its Asian counterparts, boards and companies...

Thailand Sets New Standard For Hospitality Hygiene

The Thai Hotels Association (THA) has urged SME operators to enrol with the Safety and Health Administration (SHA) in a project to set a...

Tesco Malaysia Puts a Spotlight on SME Suppliers This Holiday Season

During a time of economic hardship due to COVID-19, Tesco Stores Malaysia seeks to inspire hope by shining a spotlight on its local SME...

COVID-19 Economic Impact Could Reach $8.8 Trillion Globally

COVID-19 Economic Impact Could Reach $8.8 Trillion Globally — New ADB Report The global economy could suffer between $5.8 trillion and $8.8 trillion in losses—equivalent...

Alibaba.com Organises First Online Summit in Malaysia to Help SMEs

Alibaba.com Organises First Online Summit in Malaysia to Help Malaysian SMEs Navigate Post-COVID-19 WorldAlibaba.com, a leading business-to-business (B2B) platform for global trade,...

Indonesia must boost recovery spending to $40b to keep businesses afloat

The Indonesian Chamber of Commerce and Industry (Kadin) has pointed out that the government needs to boost economic recovery spending to Rp 600 trillion...

Healthcare and Education SMEs In Singapore to Get More Support for Digitalisation

The Infocomm Media Development Authority (IMDA) and Enterprise Singapore (ESG) today further expanded the range of pre-approved digital solutions to help Small...

How Fintech Can Help SMEs Recover From COVID-19

The SMEs of the world have been hit hard by the COVID-19 pandemic and the subsequent control measures government have put in place. As...

Alibaba Commits to Support Malaysia as Regional Trade Hub

As the COVID-19 pandemic continues to be the bogeyman of nations and economies throughout the world, global tech firm Alibaba Group has reaffirmed its...

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RM452.8m Entrepreneur Recovery Plan Being Prepared by MEDAC

The Ministry of Entrepreneur Development and Cooperatives (MEDAC) recently announced their plans to allocate RM452.8 million (US$104m) to assist COVID-19 affected entrepreneur under a...

How Fintech Can Help Ensure The Survival Of SMEs In The Middle East

On account of their potential to create jobs and foster innovation, small- and medium-sized enterprises (SMEs) have been highlighted by several countries in the...

Thai Cabinet orders more financial support for SMEs

Thailand’s Cabinet has ordered the Ministry of Finance to come up with plans to provide additional financial aid to small and medium...

Indonesian Businesses Prepared to Face the ‘New Normal’

Businesspeople are prepared to press on with the Indonesian government’s plan to gradually reopen the economy under health protocols to establish a “new normal”...

SMEs to Get More Relief Under Singapore’s Fortitude Budget

Businesses in Singapore will get more help with labour and rental costs under the S$33 billion Fortitude Budget announced by Deputy Prime...

Singapore Unveils Fourth Stimulus Budget to Fight COVID-19

SINGAPORE – Tuesday, 26 May 2020: Singapore's Finance Minister Heng Swee Keat unveiled a new raft of stimulus measures worth S$33 billion (US$23.2 billion)...

Digitisation, e-commerce to build global brand names the new norm

Deputy Minister of International Trade and Industry, Datuk Lim Ban Hong has urged local companies to capitalise on digitalisation and e-commerce to...

Thailand Sets up National Committee to Coordinate 5G Development

A 26-member National 5G Committee has been formed with Thailand Prime Minister Prayut Chan-o-cha as chairman to coordinate the 5G development and boost the...

Singapore’s Boards Are Putting Long-Term Plans on Hold to Focus on COVID-19

COVID-19’s impact on business and industries cannot be understated. The Global economy has been turned upside down and leaders are scrambling to cope with...

SME association suggests special purpose vehicle to disburse relief funds to businesses

The SME Association has suggested that a special purpose vehicles take over the role of commercial banks in disbursing the Special Relief...

Over 90 per cent of SMEs in China resume operations

About 91 per cent of China's small and medium-sized enterprises (SMEs) had resumed operation as of Monday after disruptions caused by Covid-19. Huang Libin,...

Singapore Business Leaders Ready to Deal with Post Covid-19 Impact

As Singapore deals with the prospect of an extended recession, slated to be one of the worst among its Asian counterparts, boards and companies...
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