Business Blog

Physical infrastructure is a critical enabling factor for a thriving startup ecosystem. Typically, besides physical infrastructure, startups need a conducive environment that facilitates collaboration, cross-fertilisation of ideas, design tinkering, business model fine-tuning and mentorship. Recognising this need of the startups, the government of Singapore has in place Startup SG Infrastructure…Read More

The Ministry of Manpower (MOM) announced on 5 September 2017 that they will be introducing a new Work Pass (WP) card with a QR code and a free SGWorkPass mobile application. Differences between the Old and New Work Pass (WP) Card   A WP card is an identification card that…Read More

In an ever-volatile world, you would look at any index. These can range from human development, standard of living, per capita income, quality of life, ease of doing business, corporate taxation or company incorporation. Whichever way you look, the small city-state of Singapore stands tall. The nation’s thriving start-up ecosystem…Read More

Simply put, FinTech stands for disruptive financial technologies, used and applied in the financial services sector including mobile payments, money transfers, loans, fundraising, asset management, and even crypto-currencies such as bitcoin. This is an industry forecasted to exceed over $200 billion in the next half decade, making it a truly…Read More

The EntrePass scheme, originally launched in 2003, is a work visa meant for foreign entrepreneurs looking to establish their business in Singapore. In 2014, sweeping changes were announced to the evaluation criteria that subjected the applicants to a very stringent assessment. On 2 August 2017, the scheme was overhauled with…Read More

Besides the EntrePass scheme, Startup SG Talent comprises of two other schemes that allow startups to easily attract talent to be part of their team. These schemes are the SME Talent Programme for Startups (STP) and Technology for Enterprise Capability Upgrading (T-UP). We discuss each in detail below: SME Talent…Read More