Commentary

Transitioning your family business to the next generation

Family businesses make a significant contribution to the Singapore economy. According to the government enterprise agency, SPRING, these businesses are mainly small and medium enterprises (SMEs) and form 99% of all enterprises in Singapore. They employ seven-in-ten workers, improve innovation, and contribute over 50% of national gross domestic product. Ensuring the continuity of these businesses is vital to the Singapore economy.

Commentary

Transitioning your family business to the next generation

Commentary

Why Singapore should ban Selfie Sticks

Selfie sticks are the cancer of 2015. Time for Singapore to set the trend and ban them completely for the sake of the tourism business here.

Commentary

Hiring right in Singapore

Hiring the best talent is more crucial than ever, especially in today's economy and in Singapore's tight labour market. The country's unemployment rate for citizens stood at 2.6 percent as of March, according to figures by the Ministry of Manpower.

Commentary

6 keys to sustainable leadership development in Singapore

Many Singapore business owners view people development and training as a 'good-to-have', rather than a 'must-have'. This dangerous viewpoint can be costly to both short-term profits and long-term progress.

Commentary

65% of Singaporean customers are looking at you on their mobiles

Last year, for the first time in the history of the Internet, the number of mobile devices connected to it overtook the number of standard desktop connections. In passing this mobile tipping point the rise of mobile marketing and commerce has cemented itself front and centre in how we do business.

Commentary

Bringing down barriers in securities markets – ISO 20022 the way forward

Different languages. Different market practices. Different financial communication channels. Different monetary systems. Different regulatory requirements. Little or no automation of financial transaction processing.

Commentary

Where the Australian Dollar is headed and what it means to Singapore

Singapore's interest in Australian assets has been growing for many years given the proximity, stability, and well-regarded educational institutions. With the recent drop in the Australian Dollar (AUD) of more than 25%, this interest has only strengthened. An important consideration for many Singapore-based investors is therefore... 'where to next for the Australian dollar'.

Commentary

Expat versus local salaries in Singapore

Several recent media reports have explored the issue of expat salaries and asked if expats are really receiving as much as you think they are. In our experience, few expats in Singapore today are on the inflated packages of the past.

Commentary

The cleverest SG50 marketing campaigns

With preparations for the big day in full swing, it seems that the little red dot is practically everywhere – even gracing special edition sardine cans! Some commentators are sceptical about businesses trying to 'cash-in' on the wave of emotion and excitement about the nation's special day. I think they should lighten up.

Commentary

Collaboration economy starts with where you sit

Singapore, the world's 3rd most popular destination for digital business, is a mecca for co-working spaces. With remote workers and outsourcing on the rise, location-independent professionals are increasingly choosing to work in these shared spaces.

Commentary

Leveraging on technology to maximise HR productivity

With productivity rising extremely slow in recent years, the drain on existing resources which are already overstretched is getting more and more apparent.

Commentary

Is franchising still relevant for aspiring Singapore entrepreneurs?

In my first article, “How Singaporeans can do franchising wisely,” I talked about how aspiring entrepreneurs can purchase a brand and business through the franchise model.

Commentary

The Singapore investor in the Land of Smiles

To most Singaporeans, Thailand is synonymous with the idea of a fantastic tropical holiday. Travellers from all over the world visit to enjoy a lazy vacation on a sunny beach in Phuket, explore the tropical islands close to Krabi, or hunt for bargains in one of Bangkok’s vibrant malls.

Commentary

10 reasons I love doing business in Singapore

Having been in Singapore for 6 years now I have an understanding of why it’s great to do business in Singapore and Asia comparative to doing business in London and the UK. With 20 years of doing business in London I can honestly say that doing business in Singapore and Asia is so much easier and more pleasurable than doing business in the UK and Europe.

Commentary

Re-evaluating current workforce planning methods in Singapore

With Singapore seen as one of the most advanced and forward-looking cities in Asia, we would expect Singaporeans to be taking the lead when it comes to workforce planning… but the Workforce Planning Trends and Practices survey report 2015 reveals a surprisingly primitive side to the highly developed first-world nation.

Commentary

Raising engagement levels in Singapore

According to a Morgan McKinley Working Hours Survey in 2014, over 80% of Singapore’s professionals who responded say they are working in excess of their contractual hours.

Commentary

The future of SkillsFuture -- How can we make it a success?

The announcement of the SkillsFuture fund has led to much discussion. Right after it was announced, a few MPs raised in parliament an important aspect of SkillsFuture: how do we develop a culture of continuous learning and personal responsibility for one’s own career and future as the nation prepares for the uncertain future?

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