Mighty Glory Corporate Solutions

Mighty Glory Corporate Solutions Our experienced professionals, of corporate service background, are skilled in accounting, payroll, compilation and taxation.

Our personalised service, attitude and flexibility to offer personalised package, based on your business needs, are values. Services available include bookkeeping, preparing payroll, unaudited financial statements and corporate tax returns

A trade dispute thousands of miles away can still hit businesses in Singapore.โ›“๏ธ The proposed 12.5% US tariff linked to ...
05/06/2026

A trade dispute thousands of miles away can still hit businesses in Singapore.

โ›“๏ธ The proposed 12.5% US tariff linked to forced labour concerns is a reminder that companies are increasingly being judged not just on what they do, but also on what happens across their supply chains.

๐Ÿ“ฆ For businesses involved in exports, manufacturing or international sourcing, supplier due diligence is no longer just a compliance issue โ€” it is a commercial one.

In todayโ€™s environment, supply chain risk can become business risk very quickly.

Reference:

The Straits Times
https://www.straitstimes.com/business/singapore-could-face-12-5-us-tariff-after-forced-labour-trade-probe

Singapore faces a potential 12.5% US tariff on exports following a trade probe into its enforcement of forced labour bans. Read more at straitstimes.com. Read more at straitstimes.com.

Growth opportunities matter, but so does understanding the risks behind them.Temasekโ€™s chairman, Mr. Teo Chee Hean, note...
04/06/2026

Growth opportunities matter, but so does understanding the risks behind them.

Temasekโ€™s chairman, Mr. Teo Chee Hean, noted that geopolitical developments are increasingly influencing investment decisions. ๐Ÿ’ฐ Beyond financial performance, factors such as supply chain security, regulatory uncertainty and international relations are becoming more important considerations when evaluating long-term opportunities.

Businesses face a similar reality. Decisions that once focused mainly on growth and profitability may now require a broader assessment of external risks that could affect operations, costs or market access.

๐Ÿ’ก In a more uncertain world, pursuing growth and managing risk are no longer separate decisions. They are becoming part of the same strategy.

Reference:

The Straits Times
https://www.straitstimes.com/business/geopolitics-has-changed-how-temasek-invests-says-chairman-teo-chee-hean

Discover how Temasek's chairman explains the evolving investment strategy influenced by global geopolitics and security concerns. Read more at straitstimes.com. Read more at straitstimes.com.

The next challenge with AI may not be adoption. It may be governance.๐Ÿ“– Singapore plans to create a registry of AI agents...
03/06/2026

The next challenge with AI may not be adoption. It may be governance.

๐Ÿ“– Singapore plans to create a registry of AI agents used across the public sector, giving agencies greater visibility over where AI is being deployed and how it is being used. As organisations increasingly rely on AI to assist with research, drafting, analysis and decision support, oversight becomes just as important as productivity.

๐Ÿ’ผ Many businesses are already seeing AI tools used in daily work. The question is no longer whether AI is being used, but whether organisations understand where it is being used, what data it can access and how outputs are reviewed.

๐Ÿ’ก As AI becomes part of everyday workflows, accountability and visibility may become just as valuable as the technology itself.

Reference:

The Straits Times
https://www.straitstimes.com/tech/spore-to-create-a-registry-of-ai-agents-for-150000-public-officers-amid-ai-push

Singapore is creating an AI registry for 150,000 public officers to use AI tools securely and effectively. Read more at straitstimes.com. Read more at straitstimes.com.

The most costly workforce problem is often the one nobody sees coming.๐Ÿ”Ž Singapore is looking at ways to identify workers...
02/06/2026

The most costly workforce problem is often the one nobody sees coming.

๐Ÿ”Ž Singapore is looking at ways to identify workers at risk of displacement earlier and connect them with new opportunities before they lose their jobs. The goal is to help workers transition into growing sectors before disruption turns into unemployment.

As AI, automation and business restructuring accelerate, career transitions may become more common than they were in the past. This is not just a workforce issue. Businesses also benefit when workers can reskill and move into new roles more smoothly, reducing disruption across the broader economy.

๐Ÿ’ก The conversation is gradually shifting from helping people recover after job losses to helping them adapt before those job losses happen.

Reference:

Channel NewsAsia
https://www.channelnewsasia.com/singapore/singapore-economic-strategy-review-job-losses-workers-support-6155796

Rather than helping workers recover after they have fallen out of employment, the focus should be on intervening earlier, said the National Trades Union Congress deputy secretary-general.

๐—ช๐—ฎ๐—ถ๐˜๐—ถ๐—ป๐—ด ๐—ณ๐—ฒ๐—ฒ๐—น๐˜€ ๐˜€๐—ฎ๐—ณ๐—ฒโ“Especially when the situation is unclear and the risks are difficult to assess.But in business, waiti...
02/06/2026

๐—ช๐—ฎ๐—ถ๐˜๐—ถ๐—ป๐—ด ๐—ณ๐—ฒ๐—ฒ๐—น๐˜€ ๐˜€๐—ฎ๐—ณ๐—ฒโ“

Especially when the situation is unclear and the risks are difficult to assess.

But in business, waiting is still a decision.

๐Ÿšฆ Costs may continue to rise.
๐Ÿšฆ Problems may become harder to reverse.
๐Ÿšฆ Options may become fewer and more expensive.

The challenge is that businesses rarely know the perfect time to act.

That is why timing often separates businesses that adapt early from those that spend more time reacting later. โŒ›

Not every early decision will be correct.

But waiting for certainty also comes with a cost.

Business confidence is built on trust โ€” and the same principle applies between countries.๐ŸŒŽ As global conflicts become mo...
01/06/2026

Business confidence is built on trust โ€” and the same principle applies between countries.

๐ŸŒŽ As global conflicts become more complex, Singapore is calling for stronger partnerships among like-minded nations. Such partnerships can support cooperation in areas such as trade, technology, security and economic development.

For businesses, the message is familiar. In uncertain environments, relying on a single market, supplier or partner can increase risk. Building trusted networks and maintaining flexibility often creates greater resilience over the long term.

๐Ÿค Strong partnerships are not just a diplomatic strategy. They are increasingly becoming a business strategy as well.

Reference:

The Business Times
https://www.businesstimes.com.sg/singapore/chan-chun-sing-calls-more-partnerships-minded-countries-nature-conflicts-evolves

He says that with these networks, countries can work to build trust in domains such as cyber and artificial intelligence Read more at The Business Times.

A stable supply chain is often taken for granted until it is disrupted.๐Ÿšข ASEAN defence ministers have reaffirmed their c...
01/06/2026

A stable supply chain is often taken for granted until it is disrupted.

๐Ÿšข ASEAN defence ministers have reaffirmed their commitment to keeping international trade corridors open and secure. While this may sound like a geopolitical issue, it has direct implications for businesses that depend on imported materials, overseas suppliers and global shipping routes.

When trade flows smoothly, businesses can plan with greater confidence. When disruptions occur, the effects are often felt through higher costs, delayed deliveries and operational uncertainty.

๐Ÿ’ก In today's environment, resilience is no longer just about managing internal operations. It also depends on how well businesses prepare for external disruptions that they cannot control.

Reference:

The Business Times
https://www.businesstimes.com.sg/singapore/asean-defence-ministers-reaffirm-commitment-free-flow-trade-through-international-corridors

The eight leaders stressed the need to uphold the right of transit passage under the United Nations Convention on the Law of the Sea Read more at The Business Times.

Stability is often one of the most overlooked drivers of economic growth.๐ŸŽ™๏ธ Speaking at the Shangri-La Dialogue, Singapo...
31/05/2026

Stability is often one of the most overlooked drivers of economic growth.

๐ŸŽ™๏ธ Speaking at the Shangri-La Dialogue, Singaporeโ€™s Education Minister Chan Chun Sing highlighted the importance of trust, cooperation and partnerships in an increasingly uncertain world. While these discussions often focus on security and diplomacy, they also shape the environment in which businesses operate.

๐Ÿ’ผ Companies are more willing to invest, hire and expand when they have confidence in the stability of trade routes, supply chains and international relationships. Uncertainty, on the other hand, tends to delay decisions and increase costs.

๐Ÿ’ก Strong economies are built not only on competition, but also on trusted partnerships that allow businesses and communities to plan for the future with greater confidence.

Reference:

Channel NewsAsia
https://www.channelnewsasia.com/singapore/shangri-la-dialogue-chan-chun-sing-plenary-fpda-breakfast-6152221

As new domains evolve rapidly, like-minded countries should develop flexible partnerships, forming "coalitions of the able and willing", says Singapore's Defence Minister Chan Chun Sing.

Strong businesses are built on genuine performance, not misleading signals. ๐Ÿค”The false trading case involving Eurosports...
29/05/2026

Strong businesses are built on genuine performance, not misleading signals. ๐Ÿค”

The false trading case involving Eurosports Global highlights why market confidence depends on trust, transparency and fair practices. Whether dealing with customers, investors or business partners, credibility can be difficult to build and quick to erode when actions create misleading impressions about performance or demand.

๐Ÿ’ก The broader business lesson is that sustainable growth is rarely achieved through appearances alone. In the long run, trust remains one of the most important foundations of any successful business.

Reference:

CNA
https://www.channelnewsasia.com/singapore/eurosports-global-false-trading-benjamin-wong-gillian-siow-6144201

The man was sentenced to four weeks' jail while his trading representative was fined S$135,000.

Trust is one of the most valuable assets a business can build โ€” and one of the easiest to lose.๐Ÿฆ The charges brought aga...
28/05/2026

Trust is one of the most valuable assets a business can build โ€” and one of the easiest to lose.

๐Ÿฆ The charges brought against the former CEO of cryptocurrency lender Hodlnaut serve as a reminder that transparency and accountability remain fundamental regardless of industry or business model. During periods of rapid growth and optimism, pressure to maintain confidence can sometimes overshadow the importance of accurate communication and responsible decision-making.

๐Ÿ’ผ For businesses, the lesson extends beyond the crypto sector. Long-term credibility depends not only on performance, but also on how openly risks, challenges and financial realities are communicated to stakeholders.

Reference:

CNA
https://www.channelnewsasia.com/singapore/hodlnaut-ceo-charged-fraud-6141546

Zhu Juntao allegedly posted misleading statements on Twitter saying Hodlnaut did not suffer losses from the May 2022 UST crash.

Address

205 Toa Payoh North
Singapore
310205

Opening Hours

Monday 09:30 - 18:00
Tuesday 09:30 - 18:00
Wednesday 09:30 - 18:00
Thursday 09:30 - 18:00
Friday 09:30 - 18:00

Alerts

Be the first to know and let us send you an email when Mighty Glory Corporate Solutions posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share