Home-Fix finds itself in a financial fix

HOME-Fix is pulling the shutters down on all its retail stores in Singapore by the end of this week, marking the end of the brick-and-mortar presence of one of Singapore's well-known consumer...

Next big wave of technology unicorn listings could be in India

[SINGAPORE] India's stock markets are set for a wave of unicorn listings, according to technology venture capitalist and former Infosys Ltd...

Carsome raises US$50m Series C funds, profitability claim unclear

MALAYSIAN used car trading platform Carsome has raised US$50 million in Series C funds from new investors that include MUFG Innovation Partners,...

Money

New trade group of startup investors who don't focus on flipping

[NEW YORK] Attracting venture capital (VC) has rarely been easier for well-connected tech guys in hoodies, but it's still a long shot for everyone...

Tech startups finding few takers from private equity - for now

PRIVATE equity firms here don't seem ready to invest in the newfangled tech startups that their venture capital counterparts usually target, but this could change down the road as these startups...

Indonesia's startup scene exploding, but exits are another story

IN A neighbourhood nestled within South Jakarta, 37-year-old Romana operates a small roadside kiosk selling prepaid mobile credit and phone accessories.

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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

There is method to Mitsui's finger-in-every-pie strategy

AN increase in interest in IHH Healthcare for S$2.8 billion, an acquisition of Singapore sugar supplier SIS late last year, and a tie-up with JR...

V3 Smart Technologies all set to grow global

V3 Smart Technologies, the homegrown tech developer that specialises in fleet and asset tracking and mobile workforce applications, is determined...

M-DAQ is riding the fintech high

PULL-UP bars, bunk beds and foosball tables. Sixty-odd employees in matching hoodies huddled over screens . A fully stocked kitchen and a dining...

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 (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

Private-sector economists tighten Singapore's 2020 growth forecast to 1.5-1.9%

PRIVATE-SECTOR economists have bumped up the forecast for Singapore’s 2019 growth by a hair’s breadth, even as they tempered hopes of a bright new...

PwC's wish list calls for grants to boost green financing

ENVIRONMENTAL protection has made a first appearance in consultancy firm PwC Singapore's wish list for Budget 2020, among calls for the government to enhance the Republic's tax competitiveness...

Enterprise Singapore launches second run of Scale-up SG

ENTERPRISE Singapore (ESG) on Thursday launched the second run of Scale-up SG, bringing 18 new local enterprises on board the accelerated growth programme.

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...