News

Pact scheme to support tie-ups amongst SMEs and start-ups

PARTNERSHIPS amongst small and medium enterprises (SMEs) and start-ups will qualify for the integrated Pact programme from Apr 1, removing the existing requirement for such tie-ups to be between...

'Netflix tax' will bring in $90m a year

The introduction of the goods and services tax (GST) on imported services will bring in revenue of about $90 million a year, Finance Minister Heng Swee Keat said yesterday. However, he added in...

PayNow to be extended to businesses, public agencies

BUSINESSES will soon be able to receive payments from other businesses and even consumers through homegrown funds transfer tool PayNow, announced Vivian Balakrishnan, Minister-in-Charge of the...

Singapore's population expected to be below 6.9 million by 2030

SINGAPORE is not expected to change its immigration policy, and its population is likely to be "significantly below" 6.9 million by 2030, said Josephine Teo, who is in charge of population matters...

Pre-schools join hands to boost productivity

Collaboration will help local pre-schools better manage their staff needs in an industry that is labour-intensive and involves routine work.

Trying on bridal gowns using augmented reality

Deciding to adopt technology to become manpower lean is all very well, but firms need to be clear about their goals and not be discouraged by initial failures, said roundtable panellist Teo Peiru...

LED scheme helps Markono energise 51-year-old business

Markono Print Media has been focused on automation and becoming more manpower-lean so as to provide more value-added services to its clients in areas beyond just printing, said managing director...

Man admits to being prime mover of PIC scam

Between September 2013 and May 2014, Tan Sin Long ran a scam in which he tried to dupe the Inland Revenue Authority of Singapore (Iras) into disbursing public funds under the Productivity and...

Mary Chia subsidiary to sell hotel property for S$64.8m

A subsidiary of Mary Chia Holdings has entered into an agreement to sell a hotel property to JL Asia Resources Pte Ltd for S$64.8 million.

Singapore not going cashless 'for its own sake' but for economic competitiveness: Vivian Balakrishnan

SINGAPORE is not going cashless "for its own sake", but to enhance the competitiveness of its economy, said Vivian Balakrishnan, minister-in-charge of the Smart Nation Initiative, at the Committee...

 

Emerging Enterprise award

Closes June 5, 2020