Singapore is a leading global destination for e-commerce. The country prides itself on its wide access to high-speed internet connections, robust transportation infrastructure, and an efficient banking system. Singapore also ranks high up on the global Ease of Doing Business index.
All of these factors work in favor of businesses that are intending on setting up e-commerce websites in the country. And with a service like Shopify that allows you to develop and maintain your e-commerce website, there’s no limit to how far you can go in growing your brand.
However, running an e-commerce store doesn’t just require a reliable internet connection or favorable government regulations. Your success in the highly lucrative, yet unpredictable e-commerce industry heavily depends on how easily your business adopts cutting-edge technological solutions. It’s against this backdrop that the government of Singapore introduced the Productivity Solutions Grant (PSG).