Singapore has emerged as a global hub for trade and investment, known for its robust economy and business-friendly environment. While Singapore’s traditional trade partners have largely been in Asia and Europe, there has been a noticeable shift as Singaporean firms are increasingly venturing into the African market. Growing Economic Potential: Africa, with its vast resources […]
Navigating Singapore’s Business Landscape: Key Tips and Insights
As an international trade and investment organisation, Global Council for the Promotion of International Trade recognises the importance of identifying promising business destinations that offer tremendous growth potential and favourable conditions for investment. Singapore, known for its robust economy, strategic location, and business-friendly environment, has emerged as a top choice for global entrepreneurs. Singapore offers […]
Improving Good Health and Wellbeing in Singapore: Challenges, Solutions, and Entrepreneurial Opportunities
Good health and well-being is essential for the overall growth and development of any country. It is a fundamental right of every citizen to have access to quality healthcare services that can help them live a fulfilling life. Singapore is a leading example of a country that has made significant strides in improving the health […]
Decoding MSME Policies of APAC region
Micro, small, and medium enterprises (MSMEs) are the backbone of the economy in the Asia Pacific (APAC) region. They contribute significantly to GDP, provide employment opportunities, and foster innovation. However, the MSMEs face challenges such as limited access to finance, technology, and markets, complex regulatory frameworks, and inadequate institutional support. To address these challenges, governments […]
MSME Financing in Singapore: Challenges and Initiatives
Small and medium-sized enterprises (SMEs) are the backbone of the Singaporean economy, contributing approximately 50% of the country’s GDP and employing over 70% of the workforce. According to the Department of Statistics Singapore, there were approximately 290,000 SMEs in Singapore as of 2020, accounting for 99% of all enterprises in the country. Despite their significant […]
Sustainable Fashion in Singapore: Challenges, Solutions, and Opportunities for Entrepreneurs
Sustainable fashion has become a crucial area of focus in the fashion industry globally. The fashion industry is the second-largest polluter in the world, and the increasing awareness of the negative impacts of fashion on the environment and society has led to the need for sustainable fashion practices. Singapore, a small yet economically advanced city-state, […]