The initial response of Singapore to the COVID-19 threat was hailed as an excellent strategy that contained the virus without the need for extensive lockdowns. However, the threat of a second wave has triggered a more stringent response by the government. With the...
As the COVID-19 crisis continues to bite, numerous businesses are adversely affected. In hopes to curtail the spread of the virus, circuit breaker measures have been implemented. Not only do businesses have to cease their physical operations, but their only viable...
For the first time since the 2009 global financial crisis, Singapore’s economy has already contracted 2.2 percent year on year in just 3 months into the new year. It’s been forecasted that depending on the situation, economic growth will be on the red: from -1 to -4....
Starting a business is one thing, but running a business is another ball game altogether. Especially now, due to the global pandemic and the safety measures implemented by the government, most businesses will need to move from their office space for lease into their...
The simple definition of efficiency in business is using the least amount of resources to achieve exceptional results. Ideally, every business idea should be effective irrespective of the level of your business. Providing quicker services while ensuring that you are...
A calamity is unforeseeable but probable. The success of every business depends on its ability to adapt to situations and this cannot be more true with the recent coronavirus outbreak. Thus, there is a great emphasis on creating a business continuity plan to ensure...