Commentary

What Singapore financial firms must know before investing in IT security

The Technology Risk Management Guidelines by the Monetary Authority of Singapore outline a set of principles and best practice standards for financial institutions operating in Singapore.

What Singapore financial firms must know before investing in IT security

The Technology Risk Management Guidelines by the Monetary Authority of Singapore outline a set of principles and best practice standards for financial institutions operating in Singapore.

Why doesn’t being born in Singapore make you a Singaporean?

A recent survey revealed that being born in Singapore makes you the luckiest child in Asia. Not the world, for that you have to go to Switzerland or Australia.

My Letter to NTUC - Protecting PMEs in Singapore

I am happy to hear that you have organized this meeting to gather the opinions of PMEs (professionals, managers and executives) like us. Really appreciate your effort in seeking PMEs' view to create a better and fairer working environment.

Commandments of corporate social media policy in Singapore (Part 2)

As shared in Commandments of corporate social media policy in Singapore (Part 1) which talks about Internal Social Media Policy, there is the need for the company to create a comprehensive policy to monitor possible crisis before it occur; prepare appropriate steps to manage or mitigate the damage as well as to response quickly and appropriately both for official statements and subsequent dialogues.

How brands can effectively establish a social media presence in Singapore

What is more persuasive? Watching a brilliant TV commercial or hearing your friends comment on an awesome experience with the brand on social networking sites. Most people would find the latter an experience more persuasive and credible.

Singapore salaries steadily rise

More than half of employers in Singapore last year increased salaries between 3 and 6 per cent and they intend to do the same when they next review, according to the Hays Salary Guide.

Would the wage credit scheme work?

In case you haven’t heard, the Singapore government has introduced a wage subsidize scheme during the recent budget announcement.

The ultimate killer of productivity in Singapore

What is the ultimate killer of productivity? Many business leaders in Singapore responded with, “machine breakdown, lack of skills, conflict, mindset or even stress.”

How Singapore bosses can boost meeting efficiency

Every Singaporean businessman and woman knows the importance of meetings. A necessary evil they may be, but they are vital for providing and receiving updates, communicating, planning, brainstorming and making decisions.

Challenging the 6.9m "Goal"

As taken from the many online comments with regards to the White Paper, the idea of increasing the population to 6.9 million in 2030 with the help of foreigners influx to curb the fertility crisis as well as the greying  population,  may not be too welcoming to most Singaporeans.

How businesses can adapt to the 'drastic' changes imposed by the Singapore Budget 2013

What a budget it is: a multi-pronged approach to deal with the social and economic challenges that Singapore is facing as well as to position the country to deal with realities in the new normal.

5 reasons why the Singapore Budget 2013 is a 'good' one

There is nothing called a great budget or I’m yet to see one. The Singapore budget however was a very good budget indeed for several reasons

How Budget 2013 will make Singapore an international financial and maritime centre

Singapore’s Budget 2013 was announced on 25 February 2013. The key message for businesses is the emphasis on ‘quality growth’. Underpinning this key message is that Singapore will continue its course of encouraging and attracting foreign investments. This is important, as Singapore’s key business sectors are dominated by MNCs and global companies which are highly mobile and operate internationally, and are increasingly developing local talent. This is essential to the continuation of Singapore’s successful strategy as a competitive hub bridging Asia with America, Europe and the West.

SMEs urged to invest in technology to raise productivity

One of the key focus areas for this year’s Singapore Budget 2013 was in the area of raising productivity, with DPM Tharman stressing the importance of leveraging on an increase in productivity to revitalise the SME sector.

Why Singapore businesses should prioritize security

The subject of security has been at the top of the agenda in Singapore with a number of high profile security breaches reported in recent years affecting various leading organisations. These range from break-ins to vandalism and database infiltrations. While the crime rate in Singapore still remains one of the lowest in the region, statistics reported over the last three years show an average of 31,808 crime cases. More and more companies are recognising that, with the convergence of risk in an ever-changing threat landscape in today’s globalised economy, complacency is not an option.

Singaporean companies should contemplate trading abroad

In a world of continuing economic uncertainty, firms that trade internationally are reporting significantly better revenues and profits than those businesses sticking to their domestic market. 50% of global firms which export say they’ve increased profits over the last 12 months compared with just 38% of companies which only trade domestically.