Constructing a bright future

THE distinctive name of construction company QXY Resources comes from the initials of founder and CEO Patrick Koh's children, and stems from the company's desire to venture beyond the construction...

Making cleaning robots a reality

MAKING a robot in under seven months is no easy feat, but husband and wife team Dylan Ng and Michelle Seow, together with assistant professor Mohan...

TranSwap takes aim at remittance business

IN THE crowded but growing space of remittance startups, TranSwap is hoping to stand out by standing up for small and medium enterprises (SMEs).

Money

Singapore venture capital fund TNB Aura's first South-east Asia fund oversubscribed; raises S$31.1m

SINGAPORE-BASED venture capital fund TNB Aura said on Wednesday that its inaugural South-east Asia focused venture capital fund - TNB Aura Fund 1 -...

Singapore venture capital firm eyes North Asia play

VENTURE capital firm Golden Equator Capital's (GEC) move to launch a S$120 million fund with Korea Investment Partners (KIP) earlier this year comes on the back of push-pull factors - the need for...

Firm operating e-scooter sharing service bags $5m in seed funding

A local firm that operates an electric scooter sharing service has raised $5 million in seed funding.

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

Lintec's concrete plans for the future

SINCE its incorporation two decades ago, Lintec Concrete Technologies (LCT)'s vision has not wavered. Its CEO Ramamoorthy Sakthivel Murugan,...

Din Tai Fung brand strong enough to grow in Europe, says BreadTalk chief as first outlet opens in London

THERE may be no shortage of Chinese restaurants in London, but the fact that there is "not a lot of authentic Taiwanese cuisine" was one of the...

Unconventional path: Harvard-trained engineer turns fitness studio owner

Studying engineering at Harvard looks like a great way to get your career on the fast track, but the only fast track Ms Victoria Martin-Tay is...

Cutting Edge

Photo Gallery: Cutting Edge with Howard Yu

PROF Howard Yu was in town on Oct 5 to share his insights on the biggest challenges facing today's companies. This is the first in a series of four...

Using creativity to foil copycats

IP protection is overrated. And to avoid being replaced by machines, we should block out two to three hours each day for deep, creative work....

Emerging Enterprise 2018

Fear no more the cashless wave

IT is not every day that a team of young university graduates reject lucrative job offers from top multinational companies to start up their own company.

Big dreams for tiny houses

WHEN Adrian Chia was on holiday in Australia's picturesque Great Ocean Road several years ago, he loved the beautiful coastal scenery and thought about how this was exactly what city dwellers...

Getting the smarts in money

WHEN a company's business model is built on a base of savvy consumers keen on sniffing out the best deals, one thing is for sure: eventually, those same users are going to start comparing the...

Resources

Singapore sprouts innovation centres

PUTTING on your thinking cap? Some professionals can now do so in dedicated "innovation centres", which are springing up islandwide. At least 25 such facilities have opened since last year, with...

Is Singapore too risk-averse for the digital age?

Singapore is justly renowned the world over for its many public policy successes, particularly in the realms of education and planning. The country boasts world-renowned universities, and younger...

Going niche to drum up mall business

The future of strata-titled malls is fast taking shape: out go rows of old-school mom-and-pop shops selling textiles, shoes, clothes and provisions; in come gleaming art galleries, bustling co-...

The SME Magazine (November/December 2018)

Serving Up A Track Record Of Growth

FOOD services company Koufu Group has expanded steadily over the past 16 years to manage a range of food and beverage businesses located primarily...

Standing on the shoulders of giants

E-commerce platforms offer opportunities for SME retailers to catch the e-commerce wave and even help them build capabilities in order to scale up...

Helping retailers grow

Wendy Chen, CEO and founder of Omnistream, shares how its technology services for retailers can help them grow.

Government

Singapore November exports' slide sounds caution on trade

NON-OIL domestic exports (NODX) in November slipped 2.6 per cent from a high base a year ago - a surprise drop which underscores the market's...

Singapore's November non-oil exports fall 2.6% after October spurt

SINGAPORE'S non-oil domestic exports (NODX) fell 2.6 per cent in November from a high base a year ago, and after an 8.2 per cent spurt in October, according to the latest trade figures released by...

Housing demand could still fuel 2019 growth in Singapore

THE local housing market could still support Singapore's growth in 2019, despite the curbs unveiled this year, bank analysts said this week.

SGSME+

Small Caps: Catalist

Paving its way to deliver quality healthcare

IN the past year since Clearbridge Health was listed on the Singapore Exchange's Catalist board in Dec 2017, the healthcare group has been busy.

A whole new ball game for Neo Group

INVESTORS could get an extra bite out of DoDo fish balls if the brand goes public, as the chief executive of parent Neo Group suggested in a recent chat with The Business Times.

Serving Up A Track Record Of Growth

FOOD services company Koufu Group has expanded steadily over the past 16 years to manage a range of food and beverage businesses located primarily in Singapore.

Events

14 Jan 2019   to 18 Jan 2019  
30 Jan 2019