New year, new ventures

WHEN it comes to building a career, there are the movers and the stayers - those who easily segue from one industry or company to another every few years, and those who stick with the same...

Laid off during crisis, she went on to found a company worth S$8m

AT the height of her career, Shi Ru Xin was retrenched as a result of the global financial crisis of 2008. About 100 unsuccessful job applications...

Money

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?
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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

New year, new ventures

WHEN it comes to building a career, there are the movers and the stayers - those who easily segue from one industry or company to another every...

Laid off during crisis, she went on to found a company worth S$8m

AT the height of her career, Shi Ru Xin was retrenched as a result of the global financial crisis of 2008. About 100 unsuccessful job applications...

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)

Staying ahead of the pack

The Rug Maker and CDL Trading are two Singaporean businesses facing trickier times today than they did when they were starting out – from changing...

Balancing speed with sustainable growth

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

Smart cities aren’t smart without trust

Innovation can bring astounding benefits but anything digital can be hacked, and anything connected to it then becomes vulnerable.

Government

Singapore's 2020 trade growth expected to carry through this year, say analysts

ANALYSTS are pencilling in a solid economic recovery for Singapore and the region, after non-oil domestic exports (NODX) surged in December.

Singapore non-oil exports grow 6.8% in December as gold regains its lustre

SINGAPORE'S key exports capped the year with a surprise increase in December that broke a two-month losing streak, on the back of non-electronics growth.

Port of Singapore container throughput dips 0.9% in 2020

SHIPPING containers with a volume of 36.9 million twenty-foot equivalent units (TEUs) passed through the Port of Singapore in 2020, down by 0.9 per cent from the figure for the year before.

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...