e-scooter sharing service bags US$6.4m in seed funding

SINGAPORE-based transportation startup Beam has snagged US$6.4 million in seed funding to launch a shared mobility platform in Singapore and Asia, starting with e-scooters.

Prudential Singapore scraps retirement age for staff

AT Prudential Singapore, age is indeed just a number. The insurance company has removed the retirement age of 62 in its company manpower policy,...

Temasek's first retail bond oversubscribed by 7 times

TEMASEK Holdings' first retail bond is just over eight times subscribed.


NTU partners HP to launch S$84m research laboratory

A CORPORATE research laboratory set up in partnership with tech giant HP was officially opened at the Nanyang Technological University on Tuesday...

e-scooter sharing service bags US$6.4m in seed funding

SINGAPORE-based transportation startup Beam has snagged US$6.4 million in seed funding to launch a shared mobility platform in Singapore and Asia, starting with e-scooters.

Pharma manufacturing in Singapore gets S$34m boost

A CONSORTIUM agreement valued at S$34 million was inked on Tuesday to drive the transformation of the local pharmaceutical manufacturing industry and to help it gear up for the future economy.

Are you looking for advice on taxes or loans? Wondering how to make use of data analytics? Curious about how other SMEs motivate employees? Tap the wisdom of our panel of experts and the savvy of fellow entrepreneurs now - just ask.

Submit a Question

Editor's Pick

Support for SMEs entering new markets?

What can help ease the process for an SME trying to find its footing in a new market?

Expert’s Take

Wong Choo Sin
Divisional Director, Enterprise Partnership Group, International Enterprise Singapore

Many SMEs face challenges in navigating the business landscape and finding the right local partners when expanding overseas. To ease some of these initial challenges, companies can make use of IE Singapore’s Plug and Play Network (PPN). Currently, there are 9 PPN partners providing pre-market entry advisory, business matching, in-market consultations and co-working spaces in key cities in China, Southeast Asia and India.

When going into a market, leasing an office space can be challenging due to regulatory requirements and high overhead costs. Processing time for office rental may also take quite long depending on the market. By using a PPN partner’s co-working space as a start, companies can set up easily and quickly without the hassle of business registration, renovation and rental agreements. A plus point is that these PPN co-working space partners have business mentors and advisors on hand to guide companies on set-up and business issues.

Another common challenge is in finding business leads. By using some of our partners on the PPN, companies can tap into their search and business matching services for overseas business partners.

For more details about the Plug and Play Network, visit https://www.iesingapore.gov.sg/PPN .


Spearheading transformation in the semiconductor industry

THE journey of Feinmetall Singapore began when general manager Sam Chee Wah set sights on Singapore's strong institutional support for SMEs.

Grab charges ahead even as it gears up for Go-Jek entry

Singapore-headquartered ride-hailing firm Grab may be synonymous with transport services, but the five-year-old business is steering its way...

AI and machine learning spell radical changes for traders, asset management

ARTIFICIAL intelligence and machine learning are set to shake up traders' jobs by enabling them to generate their own alpha, boosting fund...

Cutting Edge

Photo Gallery: Cutting Edge with Howard Yu

PROF Howard Yu was in town on Oct 5 to share his insights on the biggest challenges facing today's companies. This is the first in a series of four...

Using creativity to foil copycats

IP protection is overrated. And to avoid being replaced by machines, we should block out two to three hours each day for deep, creative work....

Emerging Enterprise 2018

Fear no more the cashless wave

IT is not every day that a team of young university graduates reject lucrative job offers from top multinational companies to start up their own company.

Big dreams for tiny houses

WHEN Adrian Chia was on holiday in Australia's picturesque Great Ocean Road several years ago, he loved the beautiful coastal scenery and thought about how this was exactly what city dwellers...

Getting the smarts in money

WHEN a company's business model is built on a base of savvy consumers keen on sniffing out the best deals, one thing is for sure: eventually, those same users are going to start comparing the...


Managing road congestion in age of autonomous cars, ride-hailing

AMERICAN ride-hailing firm Uber's exit from Singapore following its merger with Grab in Southeast Asia may have caused much consternation among commuters as well as the Competition and Consumer...

Why strata malls are struggling to survive

It is late afternoon on a weekday and the Novena Regency strata-titled mall looks more like a ghost town than a consumer hub.

How to build and scale an online marketplace

THINK about the last time you ordered a meal to be delivered, or a ride home from work. Chances are you used one of the many multi-sided online marketplaces that are transforming our daily lives,...

The SME Magazine (September/October 2018)

Developing a new recipe for success

WHEN Singapore-based food manufacturer Woodlands Sunny Foods realised that its core market of Japan was at risk of being shut off due to changes...

Banking with the times

Banks are responding to a new platform economy and changing customer demands.

Moovaz CEO looking to use data analytics, machine intelligence to aid logistics sector

Lee Junxian, co-founder and CEO of Moovaz, is looking to leverage on data analytics and machine intelligence to solve the pain-points in logistics...


New body will link players to work on projects

A new organisation launched yesterday will serve as a one-stop platform to bring together different players in the region's fast-developing...

Expect a '3 plus and minus 5%' model of future growth

INSTEAD of the "5 plus and minus 1" per cent growth of yesteryear, Singapore's economy will likely enter a phase of "3 plus and minus 5" per cent growth, arising from technological disruption and...

Easier, safer access to e-govt services with SingPass Mobile

SINGPASS Mobile was launched on Monday to allow individuals to more easily and securely log into digital government services - a development said to be closely watched by countries looking to...


Small Caps: Catalist

No Signboard licks its chops over fried chicken franchise

NO Signboard Holdings' appetite for expansion looks unsated, as the food and beverage operator unveiled a 10-year exclusive master franchise deal to sell Korean-style fried chicken in Singapore...

MeGroup lodges preliminary offer document for Catalist listing

MALAYSIA-BASED MeGroup on Thursday evening lodged its preliminary offer document for a listing on the Catalist board.

Koufu Group to incorporate more technology into business

Koufu Group has succeeded by providing quality food and service while remaining true to its Singaporean roots.