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Microsoft unveils collaborative AI initiatives to empower SMEs in Singapore

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry Singapore businesses have more confidence in their expansion plans than neighboring countries in ASEAN.   The latest survey from HSBC found that 94% of businesses in Singapore are confident of successfully expanding their business.   In general, other regional businesses are just […]

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Singapore businesses lead ASEAN confidence in expansion plans

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry Singapore businesses have more confidence in their expansion plans than neighboring countries in ASEAN.   The latest survey from HSBC found that 94% of businesses in Singapore are confident of successfully expanding their business.   In general, other regional businesses are just

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HSBC launches $150M venture debt program to boost Singaporean firms’ growth

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry HSBC launches $150m venture debt to help Singapore firms accelerate their growth.   The program will offer a more adaptable and long-term financing solution for various financing needs, including capital expenditures, operational runway expansion and working capital for up to three years.

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Best country for doing business

Singapore maintains 16-year streak as the best country for business

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry For the 16th consecutive year, Singapore maintains its position at the top of the list as the best country for doing business.   The annual index by the British think tank, the Economist Intelligence Unit (EIU), released a ranking of the business

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Singapore firms expand globally: EnterpriseSG reports surge in overseas growth initiatives

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry More Singapore firms are looking overseas for growth, says EnterpriseSG.   Many Singaporean companies entered new overseas markets for the first time in 2023 since pre-pandemic times.   Peter Ong, chairman of Enterprise Singapore (EnterpriseSG), said that this trend will continue for

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Singapore’s employment surged by 88,400 in 2023

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry 88,400 jobs were produced in Singapore in 2023, mainly due to increased employment among foreigners.   According to data from the Ministry of Manpower, non-resident employment spaces reached 83,500, primarily within the construction, manufacturing, financial and professional services sectors. Resident employment totaled

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Singapore leads Southeast Asia in female-led startups, garnering global recognition

Singapore embraces AI for everyday solutions Singapore leads in female-led startups in Southeast Asia, achieving significant achievements both regionally and globally.   According to a recent report by Traxcn, there are more than 1,700 women-led startups in Southeast Asia, with about $4 billion in total funding to date.   The report found that Singapore ranks

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Singapore titled as world’s most globalized country, surpassing 180 markets

Singapore gaining preference over Hong Kong among multinational corporations for business operations Today, March 13, the DHL Global Connectedness Report 2024 was released, tracking the flow of trade, capital, information and people around the world.   Singapore secured the top position in the list of 181 markets, with the Netherlands and Ireland following closely in

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Swiftonomics in Singapore: Taylor Swift’s concerts bring economic boost and challenges for small businesses

Singapore unveils $1 billion investment in AI to sustain competitive edge in the digital age Taylor Swift’s concerts have brought significant revenue to the country, but small businesses say the concerts are both a blessing and a curse for them.   Swiftonomics, a term that refers to Taylor Swift’s economic influence and impact on various

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OCBC is waving processing fees for women-owned start-ups in Singapore

Singaporean companies lead the global front in ethical standards The OCBC Women Entrepreneurs Programme will go into effect in April and will be the first program targeting female entrepreneurs in the country. OCBC will waive the 1.5% processing fee for loans up to $100,000 for start-ups that are less than two years old and founded

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