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Energy Market Company launches portal to help Singapore firms source for best electricity deals

SINGAPORE – A new electricity procurement portal launched by Singapore Exchange-backed Energy Market Company (EMC) has enabled one business to shave thousands of dollars off its electricity bills. EMC’s PowerSelect online portal, which has 11 electricity retailers on board to date, serves businesses with an average monthly consumption of at least 10 MWh (megawatt-hour), equivalent […]

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Guide on new skills to help workers in Singapore wholesale trade plan career, training

A NEW Skills Framework for Wholesale Trade to aid employers and employees in the wholesale trade sector in their career advancement was launched on Wednesday by Koh Poh Koon, Senior Minister of State for Trade and Industry. Jointly developed by Enterprise Singapore, SkillsFuture Singapore and Workforce Singapore, the framework is a comprehensive guide to help in planning career paths, […]

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Singapore family businesses upbeat on growth but need better succession plans: PwC

WHILE family businesses in Singapore are optimistic about growth and are keen to keep the business in the family, few have a robust succession plan in place compared to their global counterparts, according to the Global Family Business Survey 2018 released on Wednesday by professional services firm PwC. About 89 per cent of Singapore family businesses surveyed expect to […]

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Singapore leads Asia-Pacific in open banking readiness: poll

SINGAPORE ranks top in the Asia-Pacific region for its advanced open banking readiness, a survey released on Wednesday by global financial software provider Finastra has found. The Finastra Inaugural Open Banking Readiness Index measured 146 top banks across 14 markets in the region on five dimensions – adoption of application program interfaces (APIs), fintech/third-party ecosystem, the state of data-based […]

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