Founding Associate - Salamander Advisory Service | Former Senior VP at NTT Ltd. | Helping tech startups and VC Funds Grow | Over two decades of digital transformation experience
We're 5 months into 2024, and Singapore's local regulations are stirring the business landscape, challenging companies to adapt or be left behind. The tightening of rules for expat workers and the push for fair opportunities for locals may ruffle some feathers, but savvy businesses see this as a chance to innovate and thrive. The recent regulatory updates, such as the requirement for fund managers to obtain a Capital Markets Services License by August 1, 2024, are shaking up the industry. While this may pose initial hurdles, it presents a golden opportunity for companies to enhance operational efficiency and nurture local talent in key sectors like AI, technology, engineering, and healthcare. Yes, there may be concerns about increased labor costs impacting SMEs, but let's not overlook Singapore's business-friendly environment, strategic location, and top-notch infrastructure. These factors continue to attract international companies, making Singapore a hotspot for regional headquarters and a breeding ground for innovation. So, are you ready to swim against the tide and turn regulatory challenges into business triumphs?
Senior Executive - Asia Pacific Region | General Management, Business & Market Development | Growth Strategy & Hyper Scalability
6moAwesome growth Bill and team !