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

Business travel is not only about flights, hotels and meeting schedules. โœˆ๏ธChoosing how to pay overseas is not just a tr...
04/09/2026

Business travel is not only about flights, hotels and meeting schedules. โœˆ๏ธ

Choosing how to pay overseas is not just a travel convenience issue. Multi-currency wallets, cashback cards and miles cards can affect the actual cost of a trip once exchange rates, foreign transaction fees and card charges are included.

๐Ÿ’ณ Exchange rates, foreign transaction fees, card charges, rewards and spending records can all make a difference. A payment method that looks convenient may not always be the most cost-effective once fees are included.

This is especially relevant for business trips, sourcing visits, overseas meetings or trade events. Before travelling, it helps to check which card or wallet gives better rates, lower fees and clearer records for claims or bookkeeping. ๐Ÿงฎ

Small charges can add up when travel is frequent.

A good payment choice should support convenience, cost control and proper tracking โ€” not just rewards. ๐ŸŽ

Reference:

Channel NewsAsia
https://www.channelnewsasia.com/singapore/travel-foreign-exchange-currency-spending-overseas-6351966

From prepaid cards for children to complimentary travel insurance, banks and fintech firms have moved past offering zero foreign currency fees as the sole selling point for their overseas digital payments services.

Negative reviews can be frustrating, but the response matters too. ๐Ÿ›’A household appliance retailer sued a customer for d...
03/09/2026

Negative reviews can be frustrating, but the response matters too. ๐Ÿ›’

A household appliance retailer sued a customer for defamation over a negative Shopee review about its delivery and refund policy. The retailer lost the case and was ordered to pay S$4,000 in costs.

The case is a useful reminder for businesses selling online. Ratings and reviews are part of e-commerce, and not every negative review should be treated as a legal dispute. โš–๏ธ

A better first step is often to review what happened, keep proper records, respond professionally and improve the customer experience where needed.

Reputation risk is often avoidable when businesses manage issues calmly, clearly and proportionately.

In April, we also shared related carousel posts on avoidable business risks โ€” including payment risk and reputation risk. ๐Ÿ’ฅ

Reference:

Channel NewsAsia
https://www.channelnewsasia.com/singapore/retailer-sue-defamation-negative-shopee-review-6354111

The household appliance retailer has to pay the customer S$4,000 in costs.

A delayed store opening can be costly, but proving the loss is not always straightforward. ๐Ÿ—๏ธThe Straits Times reported ...
02/09/2026

A delayed store opening can be costly, but proving the loss is not always straightforward. ๐Ÿ—๏ธ

The Straits Times reported that a retailer sued an interior design firm for about S$463,000 over delays in opening its Cineleisure Orchard store, but was awarded only S$500.

The case is a useful reminder that business delays need to be managed with proper records. Contracts, timelines, approvals, variation works, correspondence and evidence of actual losses can all matter when a dispute arises. ๐Ÿ˜ 

Frustration alone is not enough. If a business wants to claim for delay or disruption, theamounts must be supported by clear facts and documents.

Before starting renovation, fit-out or project work, business owners should pay attention to deadlines, delay clauses, handover terms and how changes are recorded. ๐Ÿ“–

A project delay can affect sales, cash flow and launch plans โ€” but documentation is what helps protect the business when things go wrong.

Reference:

The Straits Times
https://www.straitstimes.com/business/retailer-sues-interior-design-firm-for-463000-over-delays-in-cineleisure-store-opening-awarded-500

High Court awards $500 to ReFormd in dispute over delayed Cineleisure Orchard store opening, rejecting most claims of losses against interior designer. Read more at straitstimes.com. Read more at straitstimes.com.

๐—ง๐—ต๐—ฒ ๐—ต๐—ฎ๐—ฟ๐—ฑ๐—ฒ๐˜€๐˜ ๐—ฐ๐—ต๐—ผ๐—ถ๐—ฐ๐—ฒ ๐—ถ๐˜€ ๐—ผ๐—ณ๐˜๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—ผ๐—ป๐—ฒ ๐—ฎ๐—น๐—ฟ๐—ฒ๐—ฎ๐—ฑ๐˜† ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ฒ๐—ฑ.โ โ ๐Ÿ“… A project may become difficult to stop after the business has s...
01/09/2026

๐—ง๐—ต๐—ฒ ๐—ต๐—ฎ๐—ฟ๐—ฑ๐—ฒ๐˜€๐˜ ๐—ฐ๐—ต๐—ผ๐—ถ๐—ฐ๐—ฒ ๐—ถ๐˜€ ๐—ผ๐—ณ๐˜๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—ผ๐—ป๐—ฒ ๐—ฎ๐—น๐—ฟ๐—ฒ๐—ฎ๐—ฑ๐˜† ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ฒ๐—ฑ.โ 
โ 
๐Ÿ“… A project may become difficult to stop after the business has spent months building the plan, involved the team, negotiated with suppliers or started seeing small signs that it could work.

But a project should not continue only because the business has already invested in it.
โ 
The more practical question is whether the next stage still makes commercial sense.โ 
โ 
๐Ÿ’ก Will the margin still hold?โ 
๐Ÿ’ก Is demand strong enough?โ 
๐Ÿ’ก Has the market shifted?โ 
๐Ÿ’ก Are costs moving beyond the original plan?โ 
๐Ÿ’ก Could the resources be better used elsewhere?
โ 
A review point helps the business avoid letting yesterdayโ€™s spending decide tomorrowโ€™s decisions.

Sometimes, the stronger move is not to press on.

๐Ÿ”’ It is to protect the resources, capacity and options the business still has.

A bad investment becomes even more costly when more money is added just to save it. โš ๏ธThe Straits Times reported a case ...
31/08/2026

A bad investment becomes even more costly when more money is added just to save it. โš ๏ธ

The Straits Times reported a case where a businesswoman lost S$1.6 million after trying to salvage a bad investment. The article frames it as a cautionary reminder about throwing good money after bad.

๐Ÿ’ก This is a useful point for anyone making financial or business decisions. When something is not working, adding more money may not solve the problem โ€” it may simply increase the loss.

Before committing further funds, it is important to step back and review the facts, risks and realistic chances of recovery.

๐Ÿ›Ÿ Sometimes, the disciplined decision is not to rescue the investment, but to limit the damage before it grows bigger.

Reference:

The Straits Times
https://www.straitstimes.com/business/invest/how-a-woman-lost-1-6m-trying-to-salvage-a-bad-investment

Learn why investing in dubious overseas schemes can lead to huge losses and why proving misrepresentation in court is challenging. Read more at straitstimes.com. Read more at straitstimes.com.

A restaurant dish does not have to stay only inside the restaurant. ๐ŸฑThe Straits Times reported that local F&B brands su...
30/08/2026

A restaurant dish does not have to stay only inside the restaurant. ๐Ÿฑ

The Straits Times reported that local F&B brands such as Andes by Astons, Playmade and Lau Wang are turning selected dishes into ready meals sold through 7-Eleven.

๐Ÿฝ๏ธ It may look like a simple way to reach more customers, but the work behind it is much deeper. A dine-in dish has to be adapted for chilling, storage, reheating, packaging, shelf life and retail pricing โ€” while still tasting close enough to the original experience.

That is what makes this move interesting. Ready meals can create a new revenue channel, but they can also act as a brand touchpoint. A customer who first tries the convenience-store version may later visit the physical outlet.

Growth is not only about putting the same product into more channels. It is about adapting the product so the brand experience still holds up.

๐Ÿ‘‰ ๐…&๐ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ž๐ซ๐ฌ: Would you risk scaling your signature dish through a mass retail partnership, or does it dilute the brand experience? Letโ€™s discuss below.

Reference:

The Straits Times
https://www.straitstimes.com/life/food/astons-in-7-eleven-why-local-restaurants-are-turning-their-dishes-into-ready-meals

7-Eleven, which has been teaming up with local F&B brands to offer limited-edition ready meals, is banking on the magnetism of household names such as Astons and Lau Wang. Read more at straitstimes.com. Read more at straitstimes.com.

Sustainability is not only about reducing impact inside the organisation. It is also about how a business uses its influ...
28/08/2026

Sustainability is not only about reducing impact inside the organisation. It is also about how a business uses its influence. ๐ŸŒฑ

CNA reported that Mediacorp received the Singapore Environmental Achievement Award 2026, with its efforts covering areas such as renewable energy use, carbon accounting, sustainable procurement and resource efficiency. โšก

What makes this more interesting is the role of a media company. Its impact does not come only from internal operations, but also from the content it produces and the awareness it can build around climate change, responsible consumption, circular economy and sustainable living. โ™ป๏ธ

That is a useful way to think about sustainability. A companyโ€™s contribution should connect with the role it already plays โ€” through its operations, products, services, customer education or influence over behaviour.

Sustainability becomes more meaningful when it is built into how the business creates impact. ๐ŸŽฏ

Reference:

Channel NewsAsia
https://www.channelnewsasia.com/singapore/mediacorp-singapore-environmental-achievement-awards-2026-6341366

Businesses that treat climate risk as business risk, not a trade-off against growth, will be the ones that thrive, says Environment and Sustainability Minister Grace Fu.

AI marketing can save time, but inaccurate content can damage customer trust quickly. ๐Ÿค–Channel NewsAsia reported that so...
27/08/2026

AI marketing can save time, but inaccurate content can damage customer trust quickly. ๐Ÿค–

Channel NewsAsia reported that some sellers and creators on platforms such as Shopee and TikTok are facing problems with AI-generated videos that misrepresent their products. In some cases, product themes, colours, sizes or uses were shown inaccurately.

The difficult part is that customers may blame the brand, even when the misleading content was not created by the seller. ๐Ÿ˜ฏ

For online businesses, every listing, video, review and promotional claim affects customer confidence. If AI tools or affiliate content are used, the output still needs to be monitored because inaccurate content can create confusion and reputation risk.

Automation should support the brand, not put its credibility at risk. โš ๏ธ

Reference:

Channel NewsAsia
https://www.channelnewsasia.com/singapore/ai-generated-videos-shopee-tiktok-misleading-sellers-6336961

In one AI-generated video on Shopee, a book by a Singapore author, which deals with themes such as emotional and verbal abuse, was described as a "fun" story.

Business travel is not only about booking flights and meetings. Documents and travel purpose must match too. โœˆ๏ธChinaโ€™s n...
26/08/2026

Business travel is not only about booking flights and meetings. Documents and travel purpose must match too. โœˆ๏ธ

Chinaโ€™s new entry-exit rules will take effect from September 15, with stricter consequences for false visa claims and greater emphasis on national security, sanctions and technology controls. The rules may matter more for longer-term work or study visas, business travellers, companies issuing invitation letters and travellers carrying sensitive corporate information. ๐Ÿ’ผ

For businesses sending staff overseas, the practical point is preparation. Travel purpose, invitation letters, work arrangements, devices and confidential data should be reviewed before the trip โ€” not only at the immigration counter.

Remote work can also create grey areas if someone is physically in another country while performing work duties. Clear guidance helps reduce unnecessary risk for both the employee and the company. ๐Ÿ’ป

Cross-border business is easier when documentation, travel purpose and data handling are properly aligned.

Reference:

The Straits Times
https://www.straitstimes.com/asia/remote-work-drones-mobile-phones-what-to-know-about-chinas-new-entry-exit-rules

Chinaโ€™s new entry-exit rules tighten visa accuracy, national security checks, and penalties for false claims, affecting travellers, workers, and sponsors. Read more at straitstimes.com. Read more at straitstimes.com.

๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ฒ๐—ฟ๐˜€ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ฟ๐—ฒ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฎ๐—ป ๐˜๐—ต๐—ฒ ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒ.โ โ ๐Ÿ’ฒ A lower price can attract attention, but it does not always close the sale.โ โ C...
25/08/2026

๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ฒ๐—ฟ๐˜€ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ฟ๐—ฒ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฎ๐—ป ๐˜๐—ต๐—ฒ ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒ.โ 
โ 
๐Ÿ’ฒ A lower price can attract attention, but it does not always close the sale.โ 
โ 
Customers also compare quality, trust, process and support.

In a competitive market, customers may use price as the easiest comparison point when their concerns are not sufficiently addressed. ๐Ÿง

Before reducing price, check whether customers understand why the offer is worth paying for.

๐Ÿ’ก The practical question is not only:

โ€œIs our price competitive?โ€

It is also:

โ€œDo customers understand what they are paying for?โ€

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