Buisness in Singapore

Singapore retailers turn to AI to combat rising costs and stay competitive The Monetary Authority of Singapore (MAS) has given crypto firms incorporated or operating in Singapore until June 30 to stop providing digital token services to overseas clients unless they obtain a license under the Financial Services and Markets Act.   This targets businesses […]

Singapore launches sustainability hub to help SMEs go green by 2030 Businesses using nominee directors in Singapore face stricter legal risks after the High Court ruled that jail, not fines, will now be the default punishment for directors who fail to oversee company activities.   The ruling came after the prosecution successfully appealed against a

Singapore and the EU sign a digital trade agreement, unlocking new opportunities for SMEs Singapore has moved up to fourth place in the 2025 Global Startup Ecosystem Index from last year’s fifth place.   According to the ranking, published by research platform StartupBlink, Singapore is just behind the United States, United Kingdom and Israel. Since

Singapore closes loophole on foreign hiring without local presence A growing number of retailers in Singapore, are adopting AI agents with 85% planning to boost AI investments in 2025 and nearly 70% saying AI will be critical to outperforming competitors within a year, according to Salesforce’s latest Connected Shoppers Report.   As physical store purchases

Strengthened ASEAN-Australia-NZ trade pact opens new doors for SMEs in Singapore Enterprise Singapore (EnterpriseSG) has launched the SME Sustainability Hub. A new government-backed website that provides small and medium-sized enterprises (SMEs) with direct access to resources and support to kickstart or advance their sustainability efforts.   The platform serves as a one-stop digital hub, offering

How to attract investment for startups: advice from Singapore angel investors Singapore and the European Union have signed a new digital trade agreement that removes key barriers to cross-border digital commerce, offering significant advantages to foreign-owned small and medium enterprises (SMEs) operating in Singapore.   The EU-Singapore Digital Trade Agreement (EUSDTA), signed on May 7

Singapore upgrades maritime sector with AI and cybersecurity to attract global SMEs Foreign businesses eyeing Singapore as a base for expansion will now need to establish a local presence before hiring foreign workers, following a legal change that closes a long-exploited loophole in the country’s employment system.   Effective September 2024, Singapore’s Ministry of Manpower

Singapore holds top spot in ASEAN for stability and earnings Companies in Singapore now have greater access to regional markets following the enforcement of the upgraded ASEAN-Australia-New Zealand Free Trade Area (AANZFTA).   The enhanced agreement, which also applies to Australia, New Zealand, Malaysia, Brunei and Lao PDR, establishes a free trade area covering more

Singapore eases monetary policy again as US tariffs weigh on growth According to the three experienced investors, who have combined experience of more than 30 years in Southeast Asia, the founder’s personality is everything at the early stage. Presentations and prototypes are also important, but the main factor is the founder’s thinking, leadership skills and

Singapore overtakes San Francisco to become the world’s top startup hub Singapore is ramping up digital and cybersecurity upgrades in its maritime sector to boost efficiency and attract small and medium-sized enterprises (SMEs) to set up shipping activity in the city-state.   The Maritime and Port Authority of Singapore (MPA) is leading the initiative, introducing