Two GoBear co-founders resign; Indonesia operations to shut down

TWO co-founders of fintech startup GoBear have resigned and will leave by the end of the year, and the company is to close down its Indonesia operations just about a year after expanding to that...

AI showcase in Punggol will feature mini Silicon Valley

BARCELONA (Spain) • Central to Singapore's artificial intelligence (AI) strategy is the 50ha Punggol Digital District, announced in January last...

Airbnb lobbies local Japan governments to ease curbs for Olympics

[TOKYO] Airbnb Inc said on Tuesday it is lobbying local governments in Japan to ease curbs on short-term home rentals during next year's Tokyo...

Money

Spotify-backer Northzone raises US$500m for new investments

[LONDON] Venture capital (VC) firm Northzone said it raised US$500 million to create its ninth fund for investing in startups across Europe and...

For start-ups, cash is king. Again

SAN FRANCISCO (NYTIMES) - Mark Frank, who runs a health technology start-up called SonderMind, had planned to wait until the end of 2020 to raise more money for his company.

Money FM podcast: MAS CFO shares takeaways from the Singapore Fintech Festival

Sopnendu Mohanty, chief fintech officer, Monetary Authority of Singapore, talks about insights gained after wrapping up the biggest edition of the Singapore Fintech Festival to date.

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.

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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

Mining a rich vein of opportunities

LOCAL mining company Top International Holding Pte Ltd (Top) may be a relatively young firm, but it has already bagged several prestigious awards...

Rain or shine, there's no stopping StashAway

EVEN as global markets rumble, robo-advisor StashAway can count on its base of "habitual savers" with nerves of steel to ride the volatility.

In Good Company: Vito Xu, don of Asian outlet malls

In some ways, Mr Vito Xu's life mirrors the spectacular rise of China and its embrace of the outside world after the late Deng Xiaoping opened 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 (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

RedDoorz eyes growth with 2 new leadership appointments

SINGAPORE-BASED hotel booking and management platform RedDoorz on Monday announced two new leadership appointments, as the firm eyes "significant...

ESG's venture arm SEEDS S$140m in funds over three years

SINGAPORE-BASED venture capital (VC) firm Wavemaker Partners might now be known as one of the handful of VCs specialising in deep tech, but it might have turned out differently had it not taken...

Singapore retail sales down 2.2% in September for 8th straight monthly fall

SINGAPORE'S retail sales fell 2.2 per cent in September, in the eighth straight month of year-on-year decline, according to latest Department of Statistics figures on Tuesday.

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...

Events

22 Nov 2019 -
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9 Dec 2019 - 09:30 to 13 Dec 2019 - 12:30