
Hiring of local workers would have been slower without Jobs Growth Incentive: Josephine Teo
THE movement of workers into growing firms and industries would likely have been slower without the Jobs Growth Incentive (JGI) "lubricating the process", Manpower Minister Josephine Teo said.
Singapore-based Neuron Mobility to launch e-scooter rental services in Korea
SINGAPORE-based startup Neuron Mobility is expanding to Korea, kicking off in Seoul with the launch of its electric scooter rental services this...
Skills funding to be tweaked as economy shifts post-pandemic
GOVERNMENT support for skills training schemes has been beefed up under the latest national Budget.
GIC, Temasek poised to reap capital gains bonanza from tech IPO season
SINGAPORE'S sovereign wealth fund GIC and state investor Temasek may make some sweet paper gains as tech firms backed by the two investment giants head for the public markets.
Foodtech startup Next Gen raises US$10m in seed round
SINGAPORE-BASED foodtech startup Next Gen, which develops plant-based foods, has closed a US$10 million seed round.
Editor's Pick
Support for SMEs entering new markets?
Expert’s Take
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 .