Singapore climbs to 5th place in global startup rankings Singapore is securing its position as a leading player in global cross-border capital flows, ranking as the second-largest source of international capital in the first half of 2024. According to the latest Colliers’ Global Capital Flows report for September 2024, the city-state recorded a total of […]
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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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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 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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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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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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