Naiise goes into liquidation; founder to file for bankruptcy

TROUBLED home-grown retailer Naiise has gone into liquidation, after closing its last store last weekend following years of late payments to its vendors.

Private club Straits Clan gets new owner

STRAITS Clan, a private club by local food and beverage (F&B) operator The Lo & Behold Group, has been bought over by Singapore-based...

Connecting enterprises to opportunities in a post-pandemic world

What SMEs can expect and how they can ready themselves in 2021. By Lawrence Chan, Managing Director, MyRepublic Singapore

Money

Biotech startup Immunoscape raises US$14m in funding

IMMUNOSCAPE, a biotech startup specialising in cancer treatment, has raised US$14 million to scale up its operations in Singapore and the US, as...

Telemedicine firm WhiteCoat raises S$10.8m in venture funding

TELEMEDICINE firm WhiteCoat has raised S$10.8 million in Series A funding, led by a venture capital fund.

Deeptech startup Atomionics raises S$2.5m in seed funding to develop product

ATOMIONICS, a deeptech startup which develops quantum sensors that enable navigation without GPS, has raised S$2.5 million in seed funding led by Wavemaker Partners, in partnership with SGInnovate...

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

Connecting enterprises to opportunities in a post-pandemic world

What SMEs can expect and how they can ready themselves in 2021. By Lawrence Chan, Managing Director, MyRepublic Singapore

Six steps to transforming your business successfully

By JoJo Swords, Global Content Lead, ThoughtWorks

Entrepreneurship and diversity: A Singaporean signature dish

Singapore-based entrepreneur and CEO, Henri Bong shares his entrepreneurial journey and how diversity of culture and experience has led to the...

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 (January/February 2020)

Recipe for success

FOR any business owner, disruption is inevitable. As technology advances, changes will impact companies even faster and harder; so adapting must...

Managing cash flows together

Banks are acting in partnership with financial intermediaries such as fintechs to offload the heightened financial risk when dealing with SMEs....

Ingredients for success

Samuel Yik’s recipe for Dian Xiao Er is to stir in technology solutions while maintaining a quality workforce.

Government

Last year's low base will lift GDP figures; but sequential numbers can add perspective

THE upside surprise in the flash estimate of first-quarter growth bodes well for the full year, not least given that the low-base effect from...

Economists raise 2021 GDP forecast on better-than-expected Q1 data

SINGAPORE'S economy could perform better than initially expected this year, now that it has made marginal gains and defied expectations of a contraction in the first quarter, said economists, some...

15,000 traineeships and company attachment opportunities in pipeline

ABOUT 15,000 government-funded traineeship and company attachment opportunities are expected to come on stream in the coming months, but interest in such programmes may be ebbing as the labour...

SGSME+

Small Caps: Catalist

Catalist debutant SPCH aims to be one-stop pain shop

THE domestic market is Singapore Paincare Holdings (SPCH)'s only nerve centre. But the company has Malaysia and Indonesia in its expansion crosshairs.

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...