Blogs

National Day feature: Do you support local businesses?

Happy 56th National Day, Singapore!

Following the theme to this year’s National Day, “Together, Our Singapore Spirit”, discover the importance of supporting local business. Find out how shopping locally contributes to the local economy, community, and environment.

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2021
Global Business
Business scaling 101

Founders and CEOs of businesses tend to use the word “growing” and “scaling” interchangeably when they talk about expanding their businesses. While these two concepts might appear similar, they are completely different from one another. Find out the ins and outs of what it takes to scale your business...

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5 Ways to effectively manage a remote team

Like it or not, remote working is here to stay. And as a leader, you need to help the employees navigate through problems that could cause misunderstanding and setbacks in work. To do this, heavy communication is required to ensure that business runs smoothly.

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5 Things to consider before entering a global market

Before you expand your business on a global scale, you need to first understand the international market that you are dabbling into. It is vital to research the feasibility of your plan and what tools are required to execute it.

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Immigration Guide: 5 Tips to follow for a hassle-free move

Moving abroad comes with a variety of challenges when there is a lack of research and preparation. To avoid being overwhelmed with issues that can be time-consuming to resolve, follow these 5 tips for a hassle-free move!

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TranSwap partners with 361 Degree Consultancy: Propelling Growth in SMEs

TranSwap announces its partnership with a leading cloud integrator in Singapore, 361 Degree Consultancy. This partnership is aimed to provide more solutions and tools for SMEs to grow and globalise...

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Does national debt affect the currency exchange rate?

National debt erodes the value of a country’s currency. Without a systemic crisis plan set in motion, it will negatively impact investment performance, inflation, job markets and so on. It is crucial that we develop a solid understanding of the relationship between national debt and the currency exchange rate to come up with solutions.

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A look into SMEs vulnerability to post-pandemic restructuring

The global pandemic has dealt a huge blow to many small businesses. Although SMEs have received government fundings, not every small business could thrive. Small businesses are crucial to a country’s economy and they must find ways to survive not only for their sake but for their country as well.

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Going Global: Five lessons to ensure a smooth transaction online

As exchanging money over the internet has become an everyday occurrence, there are still some downsides to cyberspace that we need to be aware of when it comes to transferring a large sum of money abroad online...

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Singapore's 2021 economic forecasts: The good, the bad and everything in between

Many economists have predicted Singapore 2021 economic forecast to have a positive growth despite the impacts of COVID-19. Despite the overall growth, some sectors are not spared from the virus’ destruction.

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What is money laundering?

Money laundering is a grave offence in Singapore, but what is money laundering and how do we combat it? Read more to find out...

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5 Tips to manage a global workforce this 2021

A global workforce provides many opportunities for an organisation such as reaching new customers and providing resources to interact with the audience in those markets. However, there are significant barriers and challenges companies have to overcome to establish an effective and productive international workforce…

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2020 Year in Review: All-new TranSwap

2020 has been a meaningful year for us at TranSwap. Despite the many hurdles thrown our way, we managed to break through barriers and achieve our goals. Here’s a glimpse of our achievements in the year 2020 and our goals for 2021

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The history of Foreign Exchange: Part 2

After the Plaza Accord, we will now move towards the formation of the European Union and the current forex exchange that we are familiar with. Open to read more...

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The history of Foreign Exchange: Part 1

Foreign exchange is one of the biggest and most accessible markets in the world. Read more to find out the history behind foreign exchange and how it has shaped the market...

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