Singapore Budget 2018: Highlights for SMEs

By myBusiness team

Singapore Finance Minister Heng Swee Keat announced a string of policies to help SMEs expand, innovate and remain competitive. He also introduced several prudent measures to ensure Singapore's continued growth.

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How will China’s development impact small businesses in South East Asia?

Southeast Asian small and medium sized businesses are facing a significant shift in the economic landscape thanks to China and its potential trade war with the U.S. because of tariff hikes plus the Belt and Road Initiative.

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Why small business needs to digitise payslips and leave processes

Shifting from manual processes to electronic payslips and leave or claim applications is beneficial to both the company and its employees. Online applications offer secure e-data retention that is inexpensive, easy to use, and less prone to errors.

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Why Singapore SMEs struggle to internationalise

Despite internationalisation being a key engine of growth for Singapore companies, many SMEs are still reluctant to expand internationally.

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6 Southeast Asia e-commerce trends in 2018

With a population of over 600 million and an increasing number of new smartphone users, Southeast Asia's internet economy has reached a record high of $50 billion in 2017, the region is also on “a solid trajectory to exceed $200 billion by 2025. What are the 2018 trends to look out for?

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