Commentaries

When titans clash, can Asean gain?

In the survey, the top destination for companies moving their Asian headquarters out of China was Singapore – attracting 43 per cent of such companies – followed by Malaysia. Only 9 per cent shifted or planned to shift to Hong Kong. Asean’s advantage goes beyond being a lower-cost environment, extending to its large populations, developed industries and supply chains, and high growth potential. Asean is also generally friendly to China, the United States and Europe. Its multiple multilateral trade treaties offer further advantages.

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Commentaries

A fresh approach to foreign manpower needed to tackle long-term challenges

There are some jobs that locals shun and tasks that can’t be automated. But companies can’t do without them.

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Commentaries

Forget business as usual – transformation is the new normal

Singapore must continue to transform industries, build new growth engines, and strengthen its “TICK” quotient.

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Commentaries

Budget 2024: Short on expertise, small local firms face challenges in utilising schemes

Supporting SMEs to stay competitive and build capabilities must remain a national priority to avoid a two-track economy of big innovative firms and a backwater of local firms. 

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Commentaries

Budget 2024 can help businesses stay resilient amid uncertainty

SBF and KPMG opined that Singapore businesses can leverage digitalisation, sustainability and internationalisation as levers for growth.

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Commentaries

Current tender process makes government contracts less accessible to SMEs

SBF engages with the government to improve tender processes and payment practices, proposing solutions such as regular feedback sessions and milestone payments.

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