Reading time 6 minutes With the rapid advancements in the application of Artificial Intelligence (AI) in business, the impact of AI is undeniable. From virtual personal assistants to revolutionising industries, AI is transforming the way we conduct business. Explore the latest artificial intelligence applications in various industries below: Finance and Banking Applications of Artificial Intelligence in […]
Reading time 3 minutes On Thursday, 24 February 2022, Russia launched a full-scale invasion of Ukraine. International outcry was swift, with several nations in the Western world declaring public support for Ukraine and condemnation for Russia and its President Vladimir Putin. How will this war impact businesses in Singapore and the ASEAN region? Here are three possible […]
Reading time 5 minutesIn recent years, company incorporation in Singapore has become the preferred choice of entrepreneurs. Given its status as a super economy and track record as home to well-known companies, such as Apple, Microsoft, and McDonald’s, the United States has long been considered a favourable place to set up a business. However, as time […]
Reading time 7 minutesThe Lion City is known as one of the world’s leading financial hubs, making fund management in Singapore attractive to fund managers and high-net individuals, due to the country’s stable business environment, market access, and well-managed financial system. Not to mention, its business-friendly environment, which attracts entrepreneurs and businesspeople to keep and grow […]
Reading time 3 minutesWith travelling starting to slowly come back, people have started to plan their visits to SG – but with many different types of visa in Singapore, choosing the right one can be a daunting task. Singapore is an absolute gem for travellers. The country has many beautiful sights, amazing landscapes, marvellous skyscrapers, and […]
Reading time 6 minutes If one would like to delve into the fund management industry in Singapore, getting MAS compliance approval would be one major requirement to secure. Although Singapore is known to be one of the best places to do business, its regulations and government compliance requirements can be complicated to navigate – especially for […]
Reading time 4 minutesThere are several options for setting up a company in Singapore, namely a sole proprietorship, a limited liability company (LLC), and a limited liability partnership (LLP). Each of the three company types mentioned above brings its benefits and drawbacks discussed below. We hope we can help you decide which kind of company best […]
Reading time 4 minutesAs your venture flourishes with dedicated time, capital, and effort, the question arises: “Should I proceed with company incorporation in Singapore?” While incorporating a company does come with added complexity and obligations compared to a sole proprietorship, it also brings numerous advantages. Discover the benefits of Singapore incorporation and unlock new possibilities for […]
Reading time 4 minutesWhen producing goods and services, a company must pay two main types of costs: variable costs and fixed costs. As the name suggests, variable costs may change depending on the total output produced, whereas fixed costs remain constant, regardless of the total output produced by the company. The difference between fixed and variable […]
Reading time 3 minutesThere’s no denying the COVID-19 impact on businesses. The global pandemic caused a massive economic downturn and Singapore is no exception. During the first year of the pandemic in 2020, Singapore experienced an overall economic decline of 5.8%. This figure is slightly better than the drop of 6 to 6.5% predicted by Singapore’s Ministry […]
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