As rebates end, restaurants and retailers reel from rent, deposit hikes

SOME Singapore retail and food and beverage (F&B) businesses are grappling with unexpected rental increments and hefty security deposits (SDs), as they struggle to get back on their feet after...

Three in 10 firms lack confidence in sustaining business this year: SBF poll

THE recovery may have begun but uncertainty remains, with three in 10 companies lacking confidence that they can sustain their business over the...

Klook raises US$200m more to boost merchant SaaS solutions

TRAVEL booking platform Klook has raised US$200 million in additional funding. Asia-Pacific-focused Aspex Management led the Series E round, along...


Heritas Capital to launch US$30m 'impact investing' venture fund by H12021

SINGAPORE-BASED Heritas Capital Management is planning to launch a US$30 million "impact investing" fund, focused on early-stage technology...

Indonesia edtech Cakap raises US$3m in Series A+ funding

JAKARTA-BASED online learning platform Cakap has bagged US$3 million in a Series A+ funding round led by Singapore-based Heritas Capital, to expand across Indonesia and the region.

E-commerce marketing startup Epsilo raises US$2m led by Sequoia Capital India's Surge

EPSILO, an e-commerce marketing stack based in Singapore and Vietnam, has raised US$2 million in funding led by Sequoia Capital India's Surge. The company is part of the fourth cohort of Surge, a...

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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 .


Pawnbroker scores with online sales of jewellery and luxury items

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Cutting Edge

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ONE Championship founder to share entrepreneur tips, journey at forum

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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

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Emage Vision's automated systems can replace human inspectors

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The SME Magazine (January/February 2020)

Debunking myths about business payment cards

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Staying ahead of the pack

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Market-leading entrepreneurs have a disciplined framework for driving growth, leaving nothing to chance.

Three in 10 firms lack confidence in sustaining business this year: SBF poll

THE recovery may have begun but uncertainty remains, with three in 10 companies lacking confidence that they can sustain their business over the next 12 months, according to the Singapore Business...

Consumer prices fell more for Singapore households at the bottom in H2 2020

IN the second half of 2020, consumer prices fell more for the bottom fifth of households by income, according to a Department of Statistics (Singstat) statement on Monday.


Small Caps: Catalist

Catalist debutant SPCH aims to be one-stop pain shop

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Funds raised from Singapore IPOs halve in H1 2020: Deloitte

FUNDS raised from initial public offerings (IPOs) in Singapore fell 53.2 per cent to S$725 million in the first half of 2020, from S$1.55 billion a year ago, according to data from Deloitte on...