Business Blog

Singapore Prime Minister Lee Hsien Loong unveiled the Smart Nation vision for the country in 2014, which he extended upon in subsequent National Day messages. Now, his Minister-in-Charge of the Smart Nation Initiative, Mr Vivian Balakrishnan, has elaborated on the Government’s plan to achieve – what he calls the three…Read More

Business basically involves managing the flow of money. If over time, you make more money than you spend, you create a sustainable business. If you don’t, your business fails. It’s as simple as that. But if we look at statistics, the last decade has seen a boom in start-ups solely…Read More

If you are running a small business or trade in Singapore, you need to report your income to the Internal Revenue Authority of Singapore (IRAS) by filing your tax return forms C-S and C. These forms help declare the annual income of companies and must be duly completed and submitted…Read More

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