Amazons purchasing power will need to come into play to secure deeper discounts GlobalData, a data and analytics company, suggests that Amazon will need to provide a compelling promotional event during its two-day Prime event in the UK on July 11 to entice spending and reverse the decline in Prime…
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The UK’s trade prospects remain lackluster due to slow economies in major trading partners GlobalData, a leading data and analytics company, predicts that the United Kingdom’s economy is set to experience a marginal growth of 0.1 per cent in 2023. This upturn is attributed to several factors, including lower energy…
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This decline reflects the challenging environment for VC funding in the UK The UK venture capital (VC) funding landscape has experienced a noticeable decline in deal activity during the first five months of 2023 compared to the same period in the previous year. According to data from GlobalData, a leading…
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This collab will help strengthen supply chain resilience The newly established Department for Science, Innovation and Technology (DSIT) in the UK has unveiled the country’s National Semiconductor Strategy, aiming to boost the semiconductor industry with a $US1 billion investment over the next decade. In a recent exchange between DSIT and…
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UK and Singapore exchanged views on recent developments The United Kingdom (UK) and Singapore held the 7th UK-Singapore Financial Dialogue in Singapore today. Both countries renewed their commitment to deepening the UK-Singapore Financial Partnership that was agreed in 2021, discussed mutual priorities such as sustainable finance, FinTech and innovation, and…
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Australia is committed to working with partners such as the UK to challenge cyber criminals. Australia has today agreed a Cyber and Critical Technology Partnership with the United Kingdom that will help shape a positive technology environment and maintain an internet that is open, free, peaceful, and secure. I signed…
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UK Minister Milling spoke about boosting economic, digital and technology ties between the UK and Thailand. Minister for Asia, Amanda Milling, has concluded her visit to Southeast Asia with a 3-day tour of Thailand. Meeting Vice Foreign Minister Vijavat, Minister Milling spoke about boosting economic, digital and technology ties between…
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Sign three MOUs in the areas of digital trade facilitation, digital identities and cyber security. Singapore and the United Kingdom (UK) are pleased to announce the signing of three Memoranda of Understanding (MOUs) in the areas of Digital Trade Facilitation, Digital Identities and Cyber Security between the governments of Singapore…
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Smoother path towards digital business between the two countries. Singapore and the United Kingdom (UK) have launched negotiations on a UK-Singapore Digital Economy Agreement (UKSDEA). Minister-in-charge of Trade Relations S Iswaran said the digital economy is a catalyst for economic growth and the transformation of enterprises. “It is a bright…
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