Singapore SMEs

Innovation, R&D to get shot in the arm

SUPPORTING more firms to innovate is a key thrust of the Singapore Budget 2018, as several new measures unveiled by Finance Minister Heng Swee Keat on Monday made it clear that innovation is still...

Businesses to get S$1.8b boost over next 3 years

THE Wage Credit Scheme (WCS) will be extended for an additional three years till 2020, but with gradually reduced levels of co-funding by the government, said Finance Minister Heng Swee Keat at...

Why fewer grants can be a good thing for small businesses

SMALL and medium-sized enterprises (SMEs) play a significant role in the Singapore economy. They make up 99 per cent of the country's enterprises, employ two-thirds of the workforce, and contribute...

Going the distance with e-commerce

WHEN a leading e-commerce firm first came to them, it was burning S$20,000 to S$30,000 for every round of merchandise air-flown to Indonesia. It was taking its agent one to two weeks to clear the...

One-stop agency for SMEs to grow Singapore's startup ecosystem

SMALL and medium-sized enterprises (SMEs) are the primary focus and comprise the largest beneficiaries of the economic measures laid out during Budget 2017 and the Committee on the Future Economy...

Brick-and-mortar firms need to up their game in digital space

IN today's digital age, most people are comfortable transacting with businesses online. This ranges from ordering products from sites such as Amazon to booking a table at your favourite restaurant...

Robots as building blocks of SME success

SINGAPORE'S Prime Minister Lee Hsien Loong said in his recent National Day Rally address that Singapore needs to do more for its Smart Nation push. Despite having a solid infrastructure in...

Debt payment behaviour of Singapore SMEs worsened in 2017

DEBT payment behaviour of Singapore's small and medium-sized enterprises (SMEs) took a turn for the worse last year, with the proportion of severely delinquent debts at 14 per cent in 2017, up...

New programme for SMU undergrads to shadow SME owners

A NEW initiative to help small and medium-sized enterprises (SMEs) secure promising, young talent and ease the skilled manpower shortage was announced on Tuesday.

AI: The next frontier of marketing

GONE are the days when marketing used to only involve traditional channels like TV and radio advertising, or printing brochures and flyers. The paradigm shift has seen marketing evolve by leaps...

How SMEs can draw and retain young tech talent

SMALL and medium enterprises (SMEs) are at the heart of Singapore's economy. SMEs make up 99 per cent of our enterprises, employ two-thirds of our workforce, and account for nearly half of...