Wednesday, August 5, 2020
More than S$500 million of Singapore’s Fortitude Budget will be allocated to supporting the digital transformation of businesses and SMEs, including support for e-payments, adopting digital solutions, and deepening digital capabilities, announced Deputy Prime Minister Heng Swee Keat on 26 May. “Those who are willing to transform will not be...
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...
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 business recovery plan to support the stability of the entrepreneurial ecosystem. This allocation of funds is expected to benefit more than 21,847 SMEs, micro-entrepreneurs, social entrepreneurs,...
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 the brave essential and frontline workers toil away every day to ensure the comfort and safety of the general populace, SMEs in fast-growing economies remain...