Enterprise Singapore (ESG)

Singapore, Germany sign MOU to speed up SMEs' industrial and digital transformation - THE EDGE SINGAPORE

Disruption and Digitalisation

Singapore, Germany sign MOU to speed up SMEs' industrial and digital transformation

Germany ranks among Singapore’s top trading partners in the European Union.
DBS and Standard Chartered lead banking group to develop Trade Finance Registry pilot to enhance trade transparency - THE EDGE SINGAPORE

Zest

DBS and Standard Chartered lead banking group to develop Trade Finance Registry pilot to enhance trade transparency

The participating banks include ABN AMRO, ANZ, CIMB, Deutsche Bank, Lloyds, Maybank, OCBC and UOB.
Singapore and Norway sign MOU to strengthen collaboration on digital and sustainable innovation - THE EDGE SINGAPORE

Singapore economy

Singapore and Norway sign MOU to strengthen collaboration on digital and sustainable innovation

The MOU will focus on priority sectors including the blue economy, sustainable urban solutions, and healthcare sciences.

Disruption and Digitalisation

ESG and Fairprice launch online initiative to help food manufacturers digitalise and diversify revenue streams

ESG and NTUC Fairprice said the digital initiative is to support Singapore businesses to start selling online.
Recovery in electronics exports pushes Singapore's NODX up by 7.7% in August - THE EDGE SINGAPORE

Singapore economy

Recovery in electronics exports pushes Singapore's NODX up by 7.7% in August

Things are looking up for Singapore’s trade sector, with NODX expanding 7.7% in August 2020.

Management & Corporate Governance

Auditor-General's Office highlights lapses in IT controls, procurement and contract management

The Auditor-General’s Office (AGO) has identified areas for improvement in IT controls, procurement and contract management, as well as operations management and grant management in its FY2019/20 audit report.

Sustainability

Enterprise Singapore partners energy companies in innovation challenge for SMEs and startups

Enterprise Singapore (ESG) has partnered four leading energy companies, Chevron, ConocoPhillips, ExxonMobil, and Shell, to launch the inaugural Energy Open Innovation Challenge (EOIC) 2020 on September 3.

Tourism

Travel bubble not enough to restore Singapore tourism’s fortunes: Fitch

On Aug 21, Singapore announced that it will institute a travel bubble with New Zealand and Brunei, exempting travels from these countries from the Stay-Home Notice (SHN).

Singapore economy

Singapore's economy declines a historic 13.2% in 2Q20; 2020 GDP lowered to -7% and -5% : MTI

Singapore’s Ministry of Trade and Industry (MTI) has revised it’s growth forecast for the year to -7% and -5%, from its previous -7% and -4% range.

Tech

Singapore FinTech Festival x SWITCH 2020 to feature digital and physical experiences over week-long event

The Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH) will expand to become the world’s first week-long round-the-clock, hybrid digital and physical event.
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