Business Account

  • 6 Little Things That Can Help You Keep Your New Business Open

    When creating a new business, the first three years are critical. You don’t have to spend vast amounts of money to grow your business. Instead, to help you keep your business open, you can use these six little tips.

    1. Website

    Building a secure website that allows your customers to order 24 hours a day is a smart first step. If you are worried about protection, hire a team to develop and maintain the site. Make sure to create a way for customers to contact you with questions or complaints.

    2. Credit

    Offering credit to your customers can promote sales of your products or services. If you have a big sale, credit can double or triple your monthly transactions with consumers on a budget.

    3. Electronics

    Laptops, phone systems, and webcam security devices can help you stay at the top of your field. Along with your computers, make sure you have …

  • Singapore’s First Monetary Policy Tightening in 6 Years Comes with Trade Warning

    The central bank of Singapore tightened its monetary policy in April, 2018. This was the first such move since 2012. For the last three years, the Monetary Authority of Singapore had held a neutral stance. Many economists were in favor of such a neutral stance although there were others who wanted a tighter monetary policy, especially since the economy has shown signs of steady recovery and subsequent growth in the last one year. This is reflected in the gross domestic products figures. Exports are on the rise, having a direct impact on the value of the Singaporean dollar. Inflation has been healthy for many months now.

    It should be noted that the Monetary Authority of Singapore uses the dollar and its valuation vis-a-vis major currencies as the primary tool to determine its core policy. While tightening the monetary policy, the autonomous authority has also expanded the currency band. However, there …