SMEs get over S$500 million funding boost to go digital - starting with F&B and retail
THE Fortitude Budget's measures to support digital transformation may be able to give small and mid-sized enterprises (SMEs) that final push to digitalise, but experts say proper change management will be needed to ensure the firms can stay the course on digitalisation.
More wage and rent support needed as most retailers stay closed, F&B firms still restricted
THE retail and food and beverage (F&B) sectors will need more wage support to stay afloat as the former group remains closed and the latter still restricted to takeaways in the first phase of Singapore's reopening, trade associations and industry watchers said.
Digitalisation drives growth, agility for logistics firms
COMPANIES in the logistics business manage some of the most hands-on jobs in Singapore's economy, as their staff stock warehouses and ply the road to deliver goods. But that has not stopped small and mid-sized enterprises (SMEs) in the sector from digitalising elements of their supply chain and...
Construction firms cite practicality, cost concerns in criteria for restarting work
COMPANIES in the construction industry are concerned about higher costs and practicality of implementing new workflows and tightened measures at worksites and dormitories, even as they look forward to gradually resuming work under new criteria outlined on Friday by the Covid-19 multi-ministry...
Healthcare, education SMEs get more help to digitalise amid pandemic
SMALL and medium-sized enterprises (SMEs) in the healthcare and education sectors will get more help in delivering their services remotely amid the Covid-19 outbreak, with the expansion of a range of digital solutions that are pre-approved for subsidies.
Virus pushes Food&HotelAsia trade show to May 2022
THE specialist trade show for hotels, restaurants and cafe suppliers, FHA-HoReCa, will be postponed by two years to 2022, the event's organiser Informa Markets said on Thursday.
Hotel, restaurant and cafe suppliers' trade show postponed to 2022
THE specialist industry trade show for hotel, restaurant and cafe suppliers, FHA-HoReCa, will be postponed by two years to 2022, organiser Informa Markets said on Thursday.
SMEs get more help for digital marketing
THE E-Commerce Booster Package administered by Enterprise Singapore (ESG) has been enhanced to provide funding for digital marketing services and manpower for small and medium-sized enterprises (SMEs) under the programme.
Firms prepare for changes in events landscape
THE road to recovery for the meetings, incentive travel, conventions and exhibitions (MICE) sector remains uncertain, with restrictions on large events likely to remain in place after the extended circuit breaker ends.
MICE companies struggling to survive, request more support
DESPITE increased financial support for businesses amid the novel coronavirus outbreak, companies in the meetings, incentive travel, conventions and exhibitions (MICE) ecosystem are still struggling to survive and dreading the end of the circuit breaker when wage subsidies for them will revert...
Digital marketing support for SMEs added to E-Commerce Booster Package
The E-Commerce Booster Package administered by Enterprise Singapore (ESG) has been enhanced to provide funding for digital marketing services and manpower for...
Fighting the virus with novel weapons
EFFORTS to tackle the novel coronavirus outbreak are giving the cleaning and sanitation industry its day in the sun, with particular attention fixating on products that offer additional protection or fight disease in new ways.
More recovery facilities to be set up for migrant workers
THE Singapore government is setting up new facilities in dormitories hardest-hit by Covid-19 to house workers who have tested positive for the virus but have recovered or display only mild symptoms, the inter-agency task force in charge of foreign workers' well-being said on Friday.
CAMILLE Levy's childhood dream was to be a diplomat. Growing up in a family that travelled widely to countries including Syria, Turkey and Israel, she found the idea of working with different countries and new cultures fascinating.
More facilities to be set up for healthy, recovering migrant workers
THE Singapore government is setting up new facilities in the most affected dormitories to house workers who have tested positive for Covid-19 but have recovered or display only mild symptoms, the inter-agency task force in charge of foreign workers' well-being said on Friday.
Shopee offers SMEs financial, educational support
E-COMMERCE platform Shopee, owned by Internet company Sea, is offering a tailored seller support package to help small and medium-sized enterprises (SMEs) in the region overcome "unprecedented economic challenges" arising from the novel coronavirus outbreak.
SME Centres help SMEs digitalise during virus downtime
ON-SITE operations have ground to a halt for most small and mid-sized enterprises (SMEs) in Singapore during the ongoing "circuit breaker", but some are seizing the extended downtime as an opportunity to implement new digitalisation initiatives.
SMEs offer their know-how to help in fight against pandemic
USING their existing know-how and capabilities, local firms are stepping up to supply needed products and services in Singapore's fight to contain the novel coronavirus outbreak.
Businesses offload stock, fear loss of crucial manpower
BUSINESSES previously allowed to stay open during the "circuit breaker" period spent Wednesday scrambling to meet tightened measures that now require them to shutter or modify operations until at least May 4.
E-commerce help for retail SMEs
HOBBLED by Singapore's "circuit breaker" measures forcing them to shutter physical stores, small and mid-sized enterprises (SMEs) in the retail sector are having to rely on online channels for sales, some of them for the first time in their history.
Immersive tech opens new world of opportunities for businesses
THE Pokemon Go hype may have run its course, but the use of immersive technology such as virtual reality (VR), augmented reality (AR) and mixed reality (MR) for business applications is only getting started in Singapore.
BH Global's diversification efforts paying off
AS the shipping industry adopts new measures to clean up its environmentally harmful practices, local offshore and marine group BH Global Corporation is reaping the fruits of its efforts to diversify into new areas including sustainability.
Suppliers struggle to meet soaring demand for takeaway food packaging
DEMAND for takeaway food packaging has shot through the roof since Friday, when the Singapore government announced that food and beverage (F&B) establishments can only offer takeaway and delivery during a month-long "circuit-breaker" period that started on Tuesday.
Revised FY2020 deficit soars to record S$44.3b
WITH Monday's round of support measures against the novel coronavirus outbreak, Singapore's overall budget deficit for FY2020 is on track to become the largest deficit since its independence.
Workplace closure rule catches businesses off guard
SINGAPORE'S move to close nearly all workplaces from next week caught businesses by surprise, even as most have gradually implemented business continuity measures amid the unfolding virus outbreak.