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New alliance helps manufacturers expand in SEA & diversify supply chain
New alliance helps manufacturers expand in SEA & diversify supply chain
Global manufacturers can tap on a network of industrial parks in Singapore and the region under the Southeast Asia Manufacturing Alliance, which offers a “Singapore +1” strategy so firms can tap on the Republic's strengths to move into SEA.
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Apple, Grab, Novartis ride healthtech boom in SEA
Apple, Grab, Novartis ride healthtech boom in SEA
These companies are breaking healthcare barriers in the region with new digital solutions. Discover what these innovations are.
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4 SEA consumption trends for businesses to leverage
4 SEA consumption trends for businesses to leverage
Industry experts from Sea Group, Shopback, and Intudo Ventures pinpoint hyper-localised and interactive social experiences as important ways for businesses to win over SEA’s middle-class.
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PwC: 5 growth pillars essential for Asia’s future success
PwC: 5 growth pillars essential for Asia’s future success
The era of passive growth for Asia Pacific is over, noted PwC in its report Asia Pacific’s Time. The report outlines 5 key pillars businesses in the region should keep in mind to build a resilient future.
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BUDGET 2021
Singapore recently announced its S$107 billion Budget 2021 to help businesses and households rebound from the pandemic. Here are some initiatives for businesses – more details can be found here.
• Extension of financial support: The Jobs Support Scheme, which subsidises wages for local employees, will be extended till September for sectors impacted by the pandemic, such as aerospace and tourism.
• Growing a vibrant business community: As Singapore deepens its position as a global-Asia node, the Government will invest in platforms to help firms innovate on an international scale. One initiative is the Corporate Venture Launchpad, which will provide co-funding for corporates to build new ventures through pre-qualified venture studios.
• Catalysing capital for businesses: Businesses here from SMEs to large local enterprises will be given access to a suite of capital to innovate, transform, and scale. The Emerging Technology Programme for example, will co-fund the adoption of frontier technologies like 5G and AI.
UPCOMING EVENT
[3 March] Singapore: Your Gateway into Asia’s Medtech Industry
Asia Pacific is set to become the 2nd largest region for medtech industry by 2023. Join speakers from EDB, EY, and medtech firm Healwav to learn about industry trends in the region, and how companies can best optimise their supply chain.
Register now
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