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Singapore anticipates accelerated economic growth, decreasing inflation in 2024-2025

News and Blog /

Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry Singapore expects economic growth to accelerate over the next two years and inflation to slow, the Asian Development Bank (ADB) said on April 11.   Forecasts for gross domestic product (GDP) growth vary from source to source, but overall the figure remains

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Singapore emerges as a premier business hub in Asia-Pacific despite challenges

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Fostering Health & Wellness: A Look into Singapore’s Thriving Health and Wellness Industry Despite its modest size and population of 6 million people, Singapore has succeeded in providing the best base for businesses. The country is home to more businesses in this year’s Asia-Pacific fast-growing companies ranking than any rival city.   Singapore is a

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Microsoft unveils collaborative AI initiatives to empower SMEs in Singapore

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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

News and Blog /

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

News and Blog /

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

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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

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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

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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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Bank Account in Singapore: 10 easiest bank accounts for small businesses in 2024

Banking /

Applying for a Corporate Account With Singapore Banks To start your business, the first and foremost step is to register your business with the Accounting and Corporate Regulatory Authority (ACRA). The second step is to begin the process of opening a corporate business account in one of the available banks. A business bank account in

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

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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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