Jeffrey Ong faces 8 more charges; CAD receives new reports

EIGHT fresh charges were laid before JLC Advisors managing partner Jeffrey Ong Su Aun on Thursday - all for alleged offences of forgery for the purpose of cheating, amid fresh police reports of...

Grab said to have held talks to buy payments start-up 2C2P

Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P and was turned down, according to sources, a sign of the ambitions...

S'pore, UK ink deals to boost partnership in financial services

Singapore and Britain signed three agreements in London yesterday that will boost collaboration in financial services.

Money

Ex-president of Sea Ltd launches private equity firm to back South-east Asia start-ups

SINGAPORE (REUTERS) Nicholas Nash, the former president of Singapore-based online gaming and e-commerce company Sea Ltd, has launched a private...

Pangolin fund says it's close to getting 10% of votes to block Challenger exit offer

A MINORITY shareholder in Challenger Technologies said on Wednesday it is close to obtaining votes from the 10 per cent of shares required to block Digileap Capital's S$183 million exit offer for...

Funding and trading platform Funderbeam raises $6.1m in Series A round

SINGAPORE - Funderbeam, a global funding and trading platform for private companies, has raised US$4.5 million ($6.1 million) in a Series A round, led by UK-based Accelerated Digital Ventures.

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?
Administrator
1
false

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 .

Towkays

Money FM podcast: Mind Your Business - Delving into SMEs and data storage

According to a recent survey, in the UK, SMEs are facing difficulties in effectively storing and managing their data with one-fifth of SMEs...

BlueRed a bridge linking Israeli startups to Asia's wealthy

LOCAL venture firm BlueRed Partners has raised US$75 million for its inaugural US$100 million fund, which aims to connect the bustling deep-tech...

Raising SME productivity: when push comes to shove

WITH a stiff labour market and the challenging business environment expected to persist, Singapore's small and medium-sized enterprises (SMEs)...

Cutting Edge

Photo Gallery: On the Cutting Edge with venture capitalist Jenny Lee

Jenny Lee, managing partner of GGV Capital, shared her thoughts on how she spots winners of the future. This is the second in a series of four...

GGV Capital's Jenny Lee to speak at forum of Cutting Edge thought leaders

ALIBABA. Didi Chuxing. Xiaomi. These are some of China's most successful tech firms, and also the companies that renowned venture investor Jenny Lee...

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...

Resources

Singapore sprouts innovation centres

PUTTING on your thinking cap? Some professionals can now do so in dedicated "innovation centres", which are springing up islandwide. At least 25 such facilities have opened since last year, with...

Is Singapore too risk-averse for the digital age?

Singapore is justly renowned the world over for its many public policy successes, particularly in the realms of education and planning. The country boasts world-renowned universities, and younger...

Going niche to drum up mall business

The future of strata-titled malls is fast taking shape: out go rows of old-school mom-and-pop shops selling textiles, shoes, clothes and provisions; in come gleaming art galleries, bustling co-...

The SME Magazine (May/June 2019)

Taking on the world

SMEs need not fear going it alone. They can receive support for their internationalisation endeavours either directly from government agency...

More than skin deep

While home-grown beauty and spa brand Porcelain may be best known for its facials, it also has a range of skincare products - and is now using...

Beyond beauty

Local beauty brands Team Salon and Nail Palace are examples of how some local salons are going beyond skin deep treatments to focus on their...

Government

Bulk of retrenched residents in Q1 are PMETs

Professionals, managers, executives and technicians (PMETs) continued to make up the majority of retrenched residents in the first three months of...

Economists trim Singapore's 2019 growth forecast to 2.1%

TRADE protectionism remains the top growth risk cited by private-sector economists, who have further trimmed their 2019 forecast for Singapore to 2.1 per cent, in the Monetary Authority of...

Singapore looking to grow its sustainable finance sector: Heng

OVER S$6 billion worth of green bonds have been issued in Singapore so far, with plans to grow the sustainable finance sector even further, said Acting Prime Minister and Minister for Finance Heng...

SGSME+

Small Caps: Catalist

Paving its way to deliver quality healthcare

IN the past year since Clearbridge Health was listed on the Singapore Exchange's Catalist board in Dec 2017, the healthcare group has been busy.

A whole new ball game for Neo Group

INVESTORS could get an extra bite out of DoDo fish balls if the brand goes public, as the chief executive of parent Neo Group suggested in a recent chat with The Business Times.

Serving Up A Track Record Of Growth

FOOD services company Koufu Group has expanded steadily over the past 16 years to manage a range of food and beverage businesses located primarily in Singapore.