F&B players get insights on how to innovate

SMEs in the food and beverage sector keen to learn how to innovate can look forward to an Oct 1 event at the Food Innovation & Resource Centre (FIRC) at Singapore Polytechnic (SP).

Singapore business confidence drops to near 2-year low in Q4

LOCAL business confidence hit a near two-year low for the final quarter of 2019, according to Singapore Commercial Credit Bureau (SCCB)’s latest...

Taking product packaging from cradle to grave

CUTLERY and packaging labelled as "biodegradable" have wormed their way into the local food industry in years, as more consumers and businesses...

Money

Temasek's Vertex adds new US$290m fund to back growth-stage tech firms

VERTEX Growth Fund, the sixth and newest member of Vertex Venture Holdings’ global network of venture capital (VC) funds, has raised US$290 million...

Digital payments key to rural credit scoring in S-E Asia

LIKE any business, a small family-owned farm requires capital. Rice, corn, coffee and cocoa all require equipment, fertilisers and chemicals to grow and generate solid returns. Today, small farms...

Grab in talks to merge Indonesian payment firms to overtake Gojek: sources

[JAKARTA] SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power...

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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

Claire Chiang, Business Owner and Activist

IN A WAY, Claire Chiang has always lived by the ethos of conservation.

Bridging the supply chain gap

SUPPLY chain logistics is one of the most fragmented businesses in the world, and Toby Koh, chairman of tech start-up TraMes, believes that the...

Powering lives with renewable solar energy

CREATING a social impact was on Vishnampet Sethuraman Hariharan's mind when he co-founded Third Wave Power, a Singapore-based company that sells...

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 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...

The SME Magazine (September/October 2019)

From smartphones to smart blinds

mc2 started in 2004 as an information technology retailer but has since been reinventedinto a smart blinds supplier.

Going by design

In a competitive market, user-centric design sets a product apart from its competitors and helps a brand stand out.

Back in the groove

Two years after he handed over Atlas Hi-Fi, Michael Tien returned as CEO to get the company back on track in a changing world and a shift in...

Government

Singapore retail sales down by 1.8% to S$3.6b in July

SINGAPORE retail sales, which have been in decline since February, fell again for the sixth month in July - though not by as much as some private...

New scheme offers funding, professional help for services companies to transform, boost productivity

SERVICES sector companies in Singapore can now get more help to transform their businesses as they adapt to changing manpower needs and consumer demands.

Promote awareness of EUSFTA to realise its potential: Iswaran

PROMOTING awareness of the European Union-Singapore Free Trade Agreement (EUSFTA) will help it fulfil its potential, not least for small and medium enterprises (SMEs), said Minister-in-charge of...

SGSME+

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...

Events

18 Sep 2019 -
17:30 to 21:00
24 Sep 2019 - 09:00 to 25 Sep 2019 - 18:00