In: Singapore Economy

increase in write-offs across B2B invoices

Singapore: Increase in Write-offs Across B2B Invoices

Atradius released its latest annual Business-to-Business (B2B) Payment Practices Barometer in June 2022.  The report provides information based on surveys conducted...

Key 2021 Statistics for Singapore SMEs

Key 2021 Statistics for Singapore SMEs

The Singapore Department of Statistics recently released its 2021 SME statistics.  The data is showing a positive change for Singapore SMEs. ...

Singapore Budget 2022 – Impacts on Your Business

Singapore Budget 2022 – Impacts on Your Business

On Friday, February 18, the Singapore Budget 2022 was announced by Singapore’s Finance Minister Lawrence Wong.  This year’s budget focuses on...

Singapore GST Hike – When Will This Take Place

GST Hike – When Will This Take Place?

Singapore announced plans for a GST hike as part of the Budget back in 2018.  The increase is from 7 to...

Singapore business sentiments 2022 under pandemic

Singapore Business Sentiment for Q1 2022 Under the Pandemic

Singapore Commercial Credit Bureau (SCCB) has released the business sentiment report for Quarter 1, 2022.  Generally, Singapore businesses are upbeat with...

COVID’s Impact on Foreign Workers in Singapore

COVID’s Impact on Foreign Workforce in Singapore

A substantial part of Singapore’s economy relies very much on foreigners.  Many global firms have set up headquarters in the city...

Singapore Late Payment is On the Rise

Singapore Late Payment is On the Rise

Singapore Atradius recently released its latest Payment Practices Barometer for Singapore 2021.  The survey shows the ‘scale of business stress as...

The Rocky Road to Recovery for Singapore SMEs

The Rocky Road to Recovery for Singapore SMEs

Earlier this year, Singapore’s GDP showed signs of recovery post the COVID-19 pandemic, expecting to grow by 4-6% in 2021 after...

2020 Singapore SME Statistics

2020 Singapore SMEs Statistics

The Singapore Department of Statistics recently released its 2020 Singapore SMEs statistics.  Undoubtedly, the report has shown the importance of SMEs...

Latest 2021 Singapore Budget – Continued Support for Local SMEs

Latest 2021 Singapore Budget – Continued Support for Local SMEs

The 2021 Singapore Budget was announced on Tuesday, 16th Feb 2021 by Singapore’s Deputy Prime Minister and Minister for Finance, Mr....