Singapore reopens to China and Australia visitors from Nov 6

FROM Nov 6, Singapore will fully reopen to visitors from mainland China and Australia, two of its biggest sources of arrivals last year.

White Restaurant, Nam Ho Travel among SMEs in new leadership programme

THE Enterprise Leadership for Transformation programme, first announced during the Budget in February, was launched on Wednesday with 60 business...

70% of SMEs have not adopted data analytics, with most only familiar with spreadsheets: poll

NEARLY 70 per cent of small and medium enterprises (SMEs) have yet to adopt data analytics, with many of them only familiar with spreadsheets and...

Money

NUHS, ARIA to launch S$50m fund for medtech startups

AN INNOVATION centre under the National University Health System (NUHS) on Thursday inked a memorandum of understanding (MOU) with Asia Research...

Rotimatic gets new breadwinner

ZIMPLISTIC, the Singapore-based company behind Indian flatbread-making machine Rotimatic, has been fully sold to an entity called Light Ray Holdings, a special-purpose vehicle incorporated in the...

Rotimatic-maker flips ownership in trade sale

ZIMPLISTIC, the Singapore-based company behind Indian flatbread-making machine Rotimatic, has been fully sold to an entity called Light Ray Holdings.

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

Playing the digital field

THE future of branding and communications is going to look quite different, with the bulk of the experience driven by digital interactions and...

The old-world charm of Rida Video Centre, one of S'pore's last video-rental stores

Rida Video Centre, one of Singapore's last video-rental stores, is a bastion of a vanishing age.

Zopim co-founder eyes post-Covid travel surge with startup GoTrippin

EVEN as the travel sector has turned moribund, entrepreneur Royston Tay sees opportunity. The co-founder of Zopim, one of Singapore's earliest...

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

Singapore's recovery to take longer than past recessions: MAS

THE pace of Singapore's recovery is expected to moderate in the quarters ahead, with this rebound likely to take longer than in past recessions,...

Labour market recovery likely to be weak, uneven, gradual: MAS

SINGAPORE's labour market should gradually rebound as the economy re-opens - but recovery is likely to be weak, uneven and long-drawn, with unemployment expected to decline more gradually than it...

Labour market expected to rebound amid weak, uneven recovery: MAS

SINGAPORE'S reopening of the economy should result in labour market improvements before the year's end. But recovery is likely to be weak, long-drawn and uneven, with elevated levels of resident...

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...