Singapore to increase tax rebate for SMEs in the Year of Assessment 2026 The corporate income tax rebate for small and medium-sized enterprises (SMEs) in Singapore will increase to 40% in the Year of Assessment (YA) 2026. The government will also provide tax support for companies expanding overseas. In his speech, Prime Minister and […]
Singapore to increase tax rebate for SMEs in the Year of Assessment 2026 Read More »
8 in 10 SMEs in Singapore plan overseas expansion in 2026 Small and medium-sized enterprises (SMEs) plan to expand into international markets in 2026, according to the latest survey by DBS Bank. The survey gathered data between December 2025 and January 2026 and it showed that 82% of the surveyed firms plan to expand
8 in 10 SMEs in Singapore plan overseas expansion in 2026 Read More »
Firms in construction, fintech and IT lead growth in the Singapore SME market Companies in the construction, fintech and IT sectors are among the fastest-growing in Singapore, according to the latest annual ranking by The Straits Times and global research firm Statista. Companies in these three sectors accounted for 39% of Singapore’s 100 fastest-growing
Firms in construction, fintech and IT lead growth in the Singapore SME market Read More »
Coinbase launched Coinbase Business in Singapore for startups and SMEs Coinbase has launched “Coinbase Business” in Singapore, offering an all-in-one crypto operating account to manage global payments, digital assets and automated financial workflows for startups and small and medium-sized enterprises (SMEs). In partnership with Standard Chartered Bank, the platform enables instant, real-time transfers in
Coinbase launched Coinbase Business in Singapore for startups and SMEs Read More »
Singapore launches new center to help local and international startups scale and enter new markets Singapore opened a new center to support both local and international startups in scaling within the country’s innovation ecosystem at JTC LaunchPad @ One-North. Stage One is a collaborative effort by Enterprise Singapore and the Economic Development Board, which
Singapore ranks as the top global destination for entrepreneurial wealth and relocation Singapore has been ranked as the world’s top destination for entrepreneurial wealth and relocation, outpacing the United Kingdom and Switzerland, according to HSBC’s Global Entrepreneurial Wealth Report 2025. The report revealed that 15% of global entrepreneurs chose Singapore as their primary destination
Singapore ranks as the top global destination for entrepreneurial wealth and relocation Read More »
A new business grant is now available for SMEs in Singapore affected by U.S. tariffs Local small and medium-sized enterprises (SMEs) affected by new U.S. tariffs can now apply for a government grant of up to S$100,000 to offset costs caused by supply chain disruptions. The Business Adaptation Grant (BizAdapt), launched on October 7
A new business grant is now available for SMEs in Singapore affected by U.S. tariffs Read More »
Singapore introduced new changes to work permits Singapore has introduced new work permit rules in 2025 that tighten hiring conditions for foreign workers, raising salary floors and implementing stricter compliance requirements for employers. The Ministry of Manpower (MOM) said the changes aim to prioritize local hires while still allowing companies access to skilled global
New work permit changes in Singapore Read More »
New economic strategy will position Singapore as “home to leading firms” Singapore has revealed a new economic strategy to attract top multinational companies while helping local firms expand internationally. In an update to the President’s Address 2025, Trade and Industry Minister Gan Kim Yong stated that the city-state will utilize its efficient infrastructure, skilled
New economic strategy will position Singapore as “home to leading firms” Read More »
CIMB in Singapore launched a credit card for SME owners CIMB Singapore has launched the CIMB Founders Card, a personal credit card tailored for sole proprietors and small and medium-sized enterprise (SME) owners, a segment that makes up 99% of Singapore businesses and employing about 70% of the workforce. The card aims to tackle
CIMB in Singapore launched a credit card for SME owners Read More »