Tech, finance and real estate are Singapore’s fastest-growing businesses Singapore’s small and medium-sized enterprises (SMEs) more often resort to sustainable financing, with Oversea-Chinese Banking Corporation (OCBC) reporting a surge in sustainability-linked loans (SLLs) and other green financing solutions. In 2024, the bank extended over S$9 billion in sustainable financing to nearly 4,000 SMEs across the […]
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Opening an in-store café in Singapore may soon become non-profitable Shopee has expanded its Shopee International Platform (SIP) in Singapore, allowing small and medium-sized enterprises (SMEs) to sell to customers in Malaysia, Thailand and soon, the Philippines, without additional costs. The initiative, supported by Enterprise Singapore (EnterpriseSG), aims to remove the complexities of cross-border e-commerce,
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A new law allows police to freeze bank accounts of scam victims Singapore outpaces other countries in the region in artificial intelligence (AI) adoption, positioning itself as a top destination for businesses looking to leverage AI-driven innovation. A report by cloud solutions company Hitachi Vantara reveals that 57% of organizations in Singapore consider AI critical
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Why entrepreneurs choose Singapore An annual list of Singapore’s top 100 fastest-growing businesses in 2025 reflects a surge in demand for financial services, real estate solutions and artificial intelligence (AI) technology. Financial services firms led the way, reflecting increased demand for wealth management in a changeable economic landscape. A financial advisory firm, PFPFA, that
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Singapore to become key financial hub amid trade challenges in Southeast Asia Entrepreneurs looking to register a small or medium-sized enterprise (SME) in Singapore may want to avoid opening an in-store café, as experts warn that the market is reaching saturation and profitability is declining. Retailers have increasingly integrated cafés into their stores to
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MAS eases monetary policy for the first time since 2020 Singapore passed a new law on January 7 allowing police to freeze bank accounts in attempts to combat the rising tide of financial scams. The Protection from Scams Bill grants law enforcement the authority to restrict transactions when they believe an individual is about to
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Singapore companies show 5-year progress in diversity and expertise Singapore remains one of the most attractive destinations for entrepreneurs looking to establish themselves in Asia. Known for its efficient bureaucracy, startup-friendly tax policies and strong financial sector, the city-state offers an unparalleled business environment that continues to draw global investors. A key advantage of
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Singapore leads SEA in fintech funding in 2024 Photo by Mike Enerio on Unsplash As global trade dynamics evolve, Singapore is emerging as a crucial financial hub for Southeast Asia, offering significant opportunities for foreign investors and businesses. Amid ongoing trade tensions and shifting supply chains, the region attracts increased foreign direct investment (FDI),
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New law simplifies insolvency process According to the 2025 Board Diversity Index (BDI), Singapore-listed companies have made remarkable advancements in board diversity over the past five years. The study, developed by the Singapore Institute of Directors (SID) in collaboration with WTW and James Cook University, analyzed 553 companies listed on the Singapore Exchange (SGX) as
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MAS drives innovation in the crypto sector Singapore is leading with fintech funding further strengthening its position as Southeast Asia’s leading fintech hub, according to a report by Traxcn. In 2024, it contributed $995 million in funding, significantly outrunning regional competitors, Jakarta and Bangkok, which raised $242 million and $198 million, respectively. The city-state
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