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EU and Singapore sign digital trade agreement

Singapore lifts 35-year ban on cats in public housing The European Union (EU) and Singapore have achieved a major breakthrough together with a new Digital Trade Agreement. It aims to significantly improve cross-border data flows, simplify online trade and set high standards for digital commerce.   The new agreement is a comprehensive framework aimed at […]

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Singapore remains a top choice for business despite obstacles

Singapore tightens rules on hiring for foreign companies Singapore continues to rank as one of the most favorable environments for business globally, securing the 47th spot out of 79 jurisdictions in the latest Global Business Complexity Index (GBCI). The city-state remains particularly attractive to foreign small and medium-sized enterprises (SMEs) looking to establish a presence

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Singapore aims to simplify business regulations

Revolut launches Business Platform in Singapore Singapore is set to streamline its business regulations in a bid to foster innovation and reduce costs for companies, as global economic competition intensifies. Prime Minister Lawrence Wong announced the initiative during his first National Day Rally speech, emphasizing the need for the city-state to remain an attractive destination

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Singapore lifts 35-year ban on cats in public housing

Changi Airport launches passport-less immigration Singapore lifts a 35-year ban on keeping cats in public housing. The new regulations, which will come into effect in September 2024, will allow HDB residents to legally keep up to two cats per household, reversing a prohibition that has been in place since 1989.   The decision marks a

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Singapore tightens rules on hiring for foreign companies

Singapore climbs to 5th place in global startup rankings With the recent changes in the law, foreign companies looking to hire expatriates in Singapore face new challenges. The Ministry of Manpower (MOM) has clarified that Employers of Record (EORs) will no longer be able to sponsor work permits for foreign employees.   EORs, which played

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Revolut launches Business Platform in Singapore

HSBC launches new platform for Singapore SME employees Revolut, a leading global fintech company, has launched its new Revolut Business offering in Singapore, marking its entry into the Asian market. The platform aims to provide efficient and cost-effective financial tools for small and medium-sized enterprises (SMEs) to support their international operations.    Already operating successfully

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Changi Airport launches passport-less immigration

Singapore reclaims top spot as the world’s strongest passport Starting August 5, Changi Airport will introduce passport-less immigration clearance for arriving Singapore residents at selected automated lanes in Terminal 3. This move marks a significant step towards seamless travel as part of the Immigration and Checkpoints Authority’s (ICA) New Clearance Concept, aiming for a full

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Singapore climbs to 5th place in global startup rankings

Singapore dollar set to be Asia’s top-performing currency for third year Singapore climbed to 5th place in the global startup rankings, according to StartupBlink’s latest Global Startup Ecosystem Index. This impressive result puts Singapore at the forefront, ahead of Sweden and close to Canada, which currently ranks 4th.   Over the past five years, Singapore

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HSBC launches new platform for Singapore SME employees

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry HSBC has unveiled a new platform designed to help small and medium-sized enterprises (SMEs) in Singapore manage employee benefits more effectively. The platform, called HSBC Thrive Benefits, provides unique capabilities for effective employee benefits management, which will help improve not only SMEs’

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Singapore passport

Singapore reclaims top spot as the world’s strongest passport

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry Singapore has reclaimed its reputation as the world’s most powerful passport, beating out countries like France, Germany, Italy, Japan and Spain. According to the latest Henley Passport Index, Singaporeans can boast visa-free access to an astonishing 195 countries – the highest of

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