Retail, F&B 'elated' over possibility of earlier reopening, but see uphill recovery

RETAIL and food and beverage (F&B) players on Thursday breathed a sigh of relief on the possibility of an earlier end to what they feel is an increasingly untenable wait to reopen, although...

The Office Post Covid-19

June 2 marks the day when Singapore cautiously initiates its first phase of reopening after the end of the circuit breaker. For the majority of...

Six steps to post-Covid planning

FOR companies facing their post-Covid future, making decisions and acting with assurance has never been more challenging.


S$285m support for startups: Will vetting be stringent enough?

THE government's additional S$285 million startup support measure announced on Tuesday has its merits, but extra care must be taken to make sure...

B Capital urges its startups to seek M&A opportunities

GLOBAL venture capital (VC) firm B Capital, co-founded by Facebook billionaire Eduardo Saverin, is working with its Asian portfolio companies with ample cash to suss out merger and acquisition (M...

VCs in South-east Asia lie in wait, even as valuations soften

STARTUP valuations in South-east Asia are beginning to soften as the industry comes to terms with the economic impact of Covid-19, venture capital (VC) investors told The Business Times. But VCs...

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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 .


Overcoming shyness to go online

Florence Low, founder of Lux Lexicon, had to face the camera to continue to reach out to her customers online when non-essential retailers were...

How SMEs can transform and go green for the future

Many SMEs still have misconceptions about going sustainable. Ng Li Lian, Head of Business Banking, HSBC, debunks these myths.

Cutting Edge

More reach, more punch

A COMPANY with a heavy focus on profit will never evolve into a big business. In fact, global giants Amazon and Tesla are still not making money,...

ONE Championship founder to share entrepreneur tips, journey at forum

GROWING up, Chatri Sityodtong had always been deeply passionate about martial arts and entrepreneurship.

Emerging Enterprise 2019

Young guns fire up Singapore industries

THEY may be young companies, but they are pushing the envelope in their respective industries - and making money from it too.

ACE reeling in growth opportunities with high-tech fish farming

GLOBAL fish production has been on the decline in recent years, as a result of overfishing and deteriorating water quality fuelled by climate change.

Emage Vision's automated systems can replace human inspectors

IMAGINE a factory floor devoid of human inspectors, with machines doing all the work instead. That scenario is actually a reality these days for Emage Vision, a company that produces "machine...

The SME Magazine (January/February 2020)

Ingredients for success

Samuel Yik’s recipe for Dian Xiao Er is to stir in technology solutions while maintaining a quality workforce.

Frittering away corporate life

Audrey Chew remodelled a traditional business by mass producing you tiao, setting up a factory and hiring workers.

Debunking myths about business payment cards

With business credit cards, SMEs can extend their days payable outstanding and optimise working capital, taking advantage of up to 55 days...


Singapore rates unlikely to stay negative, but may remain low till 2021

SINGAPORE'S one-month Swap Offer Rate (SOR) fell briefly below zero last Wednesday for the first time since 2011, raising the spectre that the...

Singapore's financial position weaker in coming years: Heng

WITH almost S$100 billion set aside to combat Covid-19, Singapore's financial position will be "a lot weaker" in the coming years, and it will need to find ways to manage this "difficult financial...

Singapore services receipts down 1.1% in Q1

SINGAPORE'S services sector saw receipts fall 1.1 per cent year on year in the first quarter of 2020, in a reversal from the previous quarter's 4.5 per cent growth, according to a Department of...


Small Caps: Catalist

Libra Group's going-concern status crippled by claims

CATALIST-listed Libra Group announced on Wednesday that it will not be able to continue as a going concern, as stipulated by Catalist rules, due to various claims that have been filed against two...

Mary Chia signs MOU to explore Indonesia expansion

Beauty treatment firm Mary Chia Holdings on Tuesday entered into a non-binding memorandum of understanding (MOU) with an Indonesian businessman to explore expanding the brand into Indonesia.

Aier Eye International to make pre-conditional offer for ISEC Healthcare shares

CATALIST-LISTED ISEC Healthcare said on Monday evening that Aier Eye International has agreed to buy about 186.3 million ISEC Healthcare shares in a sale and purchase agreement which, when completed...