The Times Business Directory is a comprehensive compilation of key businesses including Singapore 1000 and SME 1000 companies.

Times Business Directory News

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Cyber risk governance must take centre stage at companies

THE digital revolution has heralded great benefits, but the scourge of cyber crime is growing apace. Cyber crime has been estimated to cost the global economy over US$450 billion a year. Last year, over two billion personal records were stolen. The Asia-Pacific, in particular, would seem to be acutely unprepared.

According to the Microsoft Malware Index 2016, of the top five countries most ...more

S'pore retains 10th spot in FDI Confidence Index


BETTER economic outlook led to investors retaining Singapore at the 10th spot on the 2017 AT Kearney Foreign Direct Investment (FDI) Confidence Index, even if political uncertainties wavered their confidence.

The city-state is in 10th position this year - similar to last year's - survey results released on Tuesday showed. Singapore took the 15th spot in 2015.

"While ...more

P&G makes US$100m digital innovation move at Singapore centre


CONSUMER goods giant Procter & Gamble (P&G) will be pumping in US$100 million over the next five years in its Singapore digital innovation centre launched on Tuesday, in a move to boost digital capabilities and strengthen partnerships with small and medium enterprises (SMEs) here.

The E-Center, which is established in partnership with the Economic Development Board (EDB), ...more

Singapore still No 1 draw for talent among Asia-Pacific countries


SINGAPORE retains its top spot in the Asia-Pacific and second globally for the fourth consecutive year in the Global Talent Competitiveness Index (GTCI) 2017, making it the only Asian country to emerge in the top 10 this year.

Switzerland is ranked first while the United Kingdom clinches the third spot. Other Asia-Pacific countries in the top 30 globally include Australia ...more

IE S'pore helping local firms build infrastructure value chain potential


SINGAPORE'S construction and infrastructure companies need to change their business model as they expand into the region.

From simply doing one-off engineering, procurement and construction (EPC) projects, they need to expand their expertise downstream into asset ownership, operation and management.

This is so that they will not have to build their revenue base ...more

Singapore aims to house the most globally competitive plants


SINGAPORE has a vision: That is all factories housed in the Republic will be the most globally competitive, efficient and productive for companies.

These are bold goals but work is underway to move towards that vision through advanced manufacturing, the Economic Development Board's (EDB) assistant managing director Lim Kok Kiang told The Business Times in an exclusive interview.

For ...more

New strategy to help firms take the leap overseas

Trade-promotion agency IE Singapore is embarking on a new strategy to help Singaporean companies internationalise.

It is diving into key markets that it wants local companies to target, such as Indonesia and China, and building more relationships at the city and provincial levels.

At the same time, it is ramping up the awareness of local firms about specific markets that would suit ...more

Q1 growth at 2.5%; manufacturing still plays heavyweight role


MANUFACTURING remains key as the Singapore economy grew 2.5 per cent in the first quarter of 2017 compared to a year ago, just a shade below market consensus, although economists are sanguine that it could be revised upwards in due course.

The latest reading is based on the first two months of 2017. The government's full-year forecast is 1-3 per cent growth for 2017.

The ...more

US$800b in funding eludes emerging market projects: report


EMERGING economies are missing out on an annual US$800 billion in funding to corporations and infrastructure projects as a result of shallow capital markets in these countries, a McKinsey report said on Wednesday.

Emerging capital markets face challenges in the availability, diversity and pricing of capital, it said; it noted that this is true of mid-sized companies and ...more

GE opens S'pore IT resources and support centre


AMERICAN conglomerate General Electric on Wednesday opened an Asia Digital Operations Centre (A-DOC) in Singapore as part of a commitment to develop digital industrial capabilities in the city-state.

Underlining the new thrust in Singapore, it also signed partnership agreements with grid operator SP Group, Spring Singapore and Singapore Institute of Management's entrepreneurship ...more

Transforming service experience through human-centric design

CONTRIBUTING to the overall improvement in service standards witnessed in the Singapore economy last year has been the customer-centric approach increasingly being adopted by businesses and other organisations, according to experts.

"Singapore companies have been working very hard at improving their service quality. As you know, it's challenging due to the labour constraint, but companies ...more

IE Singapore ups funding to help more firms to venture abroad


HEMISFAIR, a small local company selling organic children's wear, took part in an international trade fair in Singapore last year and came away with deals from Taiwan and Indonesia, sending its sales up by 25 per cent.

Transicom Engineering, a provider of solutions for the packaging and process industries, has taken part in an annual trade event in Vietnam since 2012; through ...more

Singapore SMEs going places

SINGAPORE's small and medium enterprises are going places, and popping up in glitzy shopping centres in the region's capital cities.

Although SMEs have, for decades, ventured abroad, they were not normally visible - operating factories in drab industrial estates, tucked out of the way.

SMEs have traditionally gone overseas to set up factories in light manufacturing, garment or food ...more

SPH's new bilingual portal to help SMEs get up to speed


SINGAPORE'S small and medium enterprise (SME) owners now have a new bilingual portal to tap for news and knowledge. Launched by Singapore Press Holdings (SPH) on Tuesday, curates SME-related news and features from across the group's English and Chinese publications and websites, and aims to build an online community of SMEs.

The new portal features Just Ask, a platform ...more

Innovation case study: How Fuji Xerox fights to stay relevant

FOR the average consumer, you might be forgiven for thinking that Fuji Xerox is simply about photocopiers and printers. After all, that is what the company started out with in 1962, and what it is still most well-known for. But the company is not content to simply keep on doing what it has traditionally been good at.

Wearable technology, telepresence, artificial intelligence, and even a cloud-based ...more
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