Singapore Wirecard merchants scramble to jump ship

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More good jobs and better life for all Singaporeans: Heng

SINGAPORE under the People's Action Party (PAP) in the next five years will see efforts stepped up to transform and grow the economy to make it...

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Money

PE and VC fund-raising hit a snag in Q1: Preqin

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Life science investor Novo Holdings to open Asia office in Singapore

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HR tech startup Qualee raises US$1m in seed funding

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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?
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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

What Phase 2 might mean for selected entertainment, F&B and retail segments

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Unlocking growth opportunities online for retail’s sustained success

By Bernard Tay, Country Leader, Amazon.sg Seller Services and Head of Amazon Global Selling Southeast Asia, Australia and New Zealand

Cutting Edge

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ACE reeling in growth opportunities with high-tech fish farming

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Emage Vision's automated systems can replace human inspectors

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The SME Magazine (January/February 2020)

Recipe for success

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Government

Singapore adds China to 12-country pledge to keep trade open amid virus crisis

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Robotics startup Botsync bags seed funding from Wong Fong, Seeds Capital

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SGSME+

Small Caps: Catalist

Libra Group's going-concern status crippled by claims

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

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