Business & Others

SBF launches GenAI tool to help businesses navigate U.S. tariffs Local small and medium-sized enterprises (SMEs) affected by new U.S. tariffs can now apply for a government grant of up to S$100,000 to offset costs caused by supply chain disruptions.   The Business Adaptation Grant (BizAdapt), launched on October 7 by Enterprise Singapore (EnterpriseSG), supports

Singapore tightens patent rules for businesses Singapore has introduced new work permit rules in 2025 that tighten hiring conditions for foreign workers, raising salary floors and implementing stricter compliance requirements for employers.   The Ministry of Manpower (MOM) said the changes aim to prioritize local hires while still allowing companies access to skilled global talent.

Singapore to shorten corporate closure process, easing restructuring for businesses The Ministry of Manpower (MOM) and the Visual, Audio, and Creative Content Professionals Association (Vicpa) issued a joint advisory on Sept. It states that companies in Singapore are barred from hiring foreign freelancers for creative services such as photography, videography and makeup work.   The

Singapore ranked 2nd best country for AI startups When finding the ideal environment for establishing and growing a business, Singapore stands out as one of the top global contenders. Famous for its business-friendly policies and strategic location, this city-state is a magnet for entrepreneurs and investors. Exploring the country’s business statistics gives us a snapshot