Singapore’s Economy Manages to Grow Despite Gloomy Global Economy In Southeast Asia, Singapore has always been a feisty contender in a secure and robust economy. Its solid foundation as a trading port and a financial hub ever since the 1960s has weathered several economic crises. The government of Singapore has always been proactive in making…
Over Half of All Singaporean Employers Confident About 2020 Growth High Level of Business Confidence Although 2019 was marked by various economic challenges such as the US-China trade war, Singapore’s business environment remains buoyant as a study by recruitment firm shows that 55% of Singaporean employers cited high levels of confidence in their business…
Data Alignment Exercise by ACRA to Streamline Information Streamlining Information and Records for Greater Efficiency Streamlining information across relevant government records in Singapore is going to be easier with the data alignment exercise initiative. Under the National Registration Act, position holders who have their information filed with the Accounting and Corporate Regulatory Authority…
European Union (EU)-Singapore Free Trade Agreement (FTA) The European Union (EU) and Singapore have recently signed a landmark agreement. The EU-Singapore Free Trade Agreement (EUSFTA) signifies the shared conviction of both parties that open and global rules-based trade is the path to growth and prosperity. The FTA has finally come into force 2 days ago,…
New Fintech Funding Plans in Singapore to Extend Beyond 2020 The Monetary Authority of Singapore (MAS) is extending new Fintech funding plans, after achieving positive results in the initial phases. MAS’s New Plans to Include Cyber Security and Artificial Intelligence AI As the first round of Fintech initiatives comes to an end after five…
Singapore Signed Agreements With the United States and China (Top 2 Trading Partners) Despite its small physical size, Singapore sits astride the strategic route between the Malacca Straits and the South China Sea. Singapore is not only an important economic powerhouse in the world, but also a bellwether for economic confidence. As a trade-reliant country,…
Singapore Retains World Bank Ranking, Coming in Second Place Behind New Zealand Singapore in 2nd place and still going strong in its World Bank ranking as the second easiest place in the world to conduct business. The city-state held strong to its ranking even with the tougher conditions fraught with tensions in trade. India and…
Singapore Lead the Way of ASEAN’s Industry 4.0 Revolution The next wave of digital disruption is rapidly changing the economy as it sweeps through the different sectors across business, communications, impacting society and the individual. While the disruptions brought by technologies are catalysts of the change, they are also the transformative element of the manufacturing…
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