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Bite-Sized Innovation: Helping SMEs Scale with Confidence

[INSIGHTS FROM IPI'S LEADERSHIP TEAM]

By Michael Goh, CEO, IPI Singapore

 

SMEs form the backbone of Singapore’s economy, accounting for nearly all enterprises and a large share of employment. Many leaders know they must digitalise, innovate, and look beyond our shores, yet for most, the journey feels daunting. They ask themselves, “Where do I begin, and how do I avoid the risks?”

Navigating Singapore’s Carbon Tax: A Practical Guide for Businesses

  • Singapore’s carbon tax will rise from S$25 per tonne in 2024 to between S$50 and S$80 by 2030, making early decarbonisation planning essential for cost control. 

  • Businesses can offset up to 5% of their carbon tax using International Carbon Credits (ICCs) under the Carbon Pricing (Amendment) Act 2022.

  • Low-carbon technologies, such as carbon mineralisation, green concrete, and battery generators, offer practical pathways to reduce emissions and strengthen competitiveness. 

Legacy, Reimagined: How Multi-Generational Businesses Are Modernising Through Innovation

[TechInnovation Feature] Multi-generational businesses are transforming through innovation to remain relevant in a rapidly changing landscape. 


 

  • Legacy enterprises are modernising by rethinking longstanding practices and embedding innovation across their organisations 

  • Adapting to external market shifts is essential for growth and long-term relevance 

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