New EnterpriseSG office to assist SMEs with regulatory issues Singapore’s transformation from a colonial trading post to a global maritime powerhouse is a testament to its continuous strategic vision, adaptability and relentless pursuit of growth. As the city-state marks 60 years of independence, its shipping sector has expanded and outpaced traditional maritime hubs like London,
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New changes have been introduced to the S Pass and work permit policies Singapore urges businesses to accelerate climate transition efforts as regulatory requirements tighten and global markets demand sustainability. Officials warn that companies delaying action may struggle to compete in an increasingly carbon-conscious economy. Speaking at the Singapore Business Federation Dialogue, the country’s
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Singapore-Kazakhstan investment agreement to enhance business sector from March 1 Singapore and Thailand continue to strengthen their economic ties. On March 14, at the 7th Economic Ministerial Meeting, enterprises and trade associations from the two countries signed five memorandums of cooperation, mainly in the digital economy. The agreements aim to develop e-commerce, fintech and digital
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Singapore and Uzbekistan expand business ties to support SME growth Singapore’s small and medium enterprises (SMEs) will soon receive new support to help them navigate regulatory issues. The Ministry of Trade and Industry has announced the launch of the Small and Medium-Sized Enterprises Pro-Enterprise Office (SME PEO), which will begin operations on March 26 under
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Singapore emerges as a top choice for global business travelers Singapore is changing its foreign workforce policies to give businesses greater flexibility while maintaining local employment priorities. The Ministry of Manpower (MOM) has announced a series of adjustments that will impact work permit holders, S Pass applicants, and employers hiring from abroad. These changes mark
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ANEXT Bank was awarded the best digital bank in Singapore A new trade and investment agreement between Singapore and Kazakhstan, effective March 1st, 2025, is expected to create more business opportunities for companies in both countries. The Kazakhstan-Singapore Services and Investment (S&I) Agreement will improve market access, streamline regulations, and strengthen economic ties between the
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Singapore companies to receive funding support as part of Budget 2025 Uzbekistan cooperates with Singapore, one of the world’s leading business hubs, to strengthen the SME sector. The two countries are working together on a series of strategic initiatives, ranging from digital transformation and startup incubation to green economy practices and water conservation. On
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Singapore tops Asia-Pacific as the least corrupt country, ranking 3rd globally As a dynamic hub for global business, Singapore is seeing a surge in corporate travel and foreign investment from entrepreneurs worldwide. Recent reports highlight that the country became a top choice for nearly 90% of global business owners and professionals. According to a
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New OCBC support loans for SMEs ANEXT Bank has been named the Best Digital Bank in Singapore by The Asian Banker in its 2025 ranking of the world’s top digital banks. The recognition highlights the bank’s commitment to financial innovation, accessibility and support for micro, small and medium enterprises (MSMEs), both locally and internationally.
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Shopee now allows SMEs to sell overseas Singapore’s Budget 2025 introduced a range of measures designed to help small and medium-sized enterprises (SMEs) and startups navigate financial pressures while fostering long-term growth. The initiatives, unveiled by Prime Minister and Finance Minister Lawrence Wong, include tax rebates, wage support programs, and new funding opportunities designed to
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