Wednesday, January 26, 2022
Golden Bull Award returns as Singapore SMEs overcome pandemic As Singapore’s economy gradually reopens and relaxation of the movement restrictions, SMEs remains in a tenuous position. However, with continuous support from the government and self-reliant adaptive strategies, SMEs are determined to not just safeguard their survival, but also ensure their...
Singapore homebuyers should exercise prudence in taking out new mortgages as interest rates are expected to increase, the Monetary Authority of Singapore (MAS) said in its Financial Stability Review. It also advised against undertaking new loan commitments for highly leveraged households. Household debt in Singapore has surpassed pre-pandemic levels. As a...
Earlier in November, central banks in Indonesia and the Philippines kept interest rates at record lows to support the countries slow recovery from the pandemic. Southeast Asia's largest economy, Indonesia, grew by a disappointing 3.51% in the third quarter as restrictions to control COVID-19 cases weighed on activity. The picture...
Salesforce today has announced the second edition of its Asia Pacific AI Readiness Index, which sees Singapore retain the top spot for Artificial Intelligence (AI) Readiness, compared to ten other countries in the Asia Pacific (Apac) region. Commissioned by Salesforce and prepared by Access Partnership, the Index assesses the readiness...
Manufacturing companies in Singapore are set to get an innovation boost with a digital roadmap that will launch soon. Agreements have also been signed to better support their digital transformation; one of four key pillars laid out by Deputy Prime Minister Heng Swee Keat at the opening of the...
Singapore is hosting top executives of big global companies this week at a host of conferences, marking its gradual return to normalcy. The Milken Institute's annual Asia Summit, run by billionaire Michael Milken's think tank, the Bloomberg New Economy Forum, and an event by sovereign wealth fund GIC attracted hundreds...
After 20 months of pandemic-induced restrictions and lockdowns, borders are in the reopening phase across Southeast Asia. Thailand opening of its border has already boosted tourism and given a ray of hope to the region's airline industry. More countries across Asia are now speeding up their reopening schedules to kickstart...
2021 is the year of ‘innovation and adaptability’ as the pandemic pushed SMEs to alter their business plans and strategies to sustain growth and thrive during the economic crisis and lockdown. This immense pressure has caused many SMEs to change their business operations drastically to survive or even close...
Singapore Management Festival, a premier thought leadership and innovation platform, returns for the sixth time in 2021 and gathers more than 20 C‐suite speakers and young business leaders in a three‐day virtual event. The event is expected to welcome more than 500 attendees from 20 to 22 October 2021, said...
Being a new player in the market, one of the greatest challenges faced by Tazapay, a digital escrow service for cross-border trade, is the need to inspire trust among its users. This week, Tazapay CEO shares with sme.asia the inspiration for setting up of Tazapay and the obstacles that he had...
Almost seven in 10 (67%) Singapore business owners expect 2021 annual sales to increase compared to pre-pandemic annual sales in 2019—an improvement from 53% in 2020. The top reasons for their optimism in 2021 are the increase in revenue from expanding their businesses online (46%), support from new customers (44%),...
The importance of mental health in the workplace cannot be overstated. Productivity is boosted when work is being done in the right mental state. Yet, mental health has been neglected by companies for a long time. This week, SME & ENTREPRENEURSHIP MAGAZINE speaks to Theodoric Chew, co-founder and CEO of Intellect,...

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