When life gave him lemons, he made ramen

Melvin Ang, 29, is no stranger to hardship, thanks to his father's gambling debts, which exposed their family to years of harassment and struggle. He shares his story of how he found his way out...

Baby Boomer Entrepreneurs

THERE ARE NO dreams of unicorns or Series A funding, but a group of 50- and 60-something entrepreneurs are showing that age is not a factor when...

Duo start first direct-to-user brand of contact lenses here

When he ran out of contact lenses one day, the idea struck then management consultant Darryn Tan that perhaps more could be done to solve the woes...

Money

UOB to support Singapore's launch of Razer Pay in 'next few months'

UNITED Overseas Bank (UOB) will support the Singapore launch of Razer Pay (Razer Pay Singapore), the e-wallet app designed for youths and...

Golden Equator Capital and Korea Investment Partners launch S$120m startup fund

SOUTH-East Asian tech startups will soon have another S$120 million available to them.

GoGoVan raises US$250m in first phase of new funding round

GOGOVAN - an on-demand delivery van service backed by Singapore's Centurion Private Equity and Singapore Press Holdings - has raised US$250 million in new funding.

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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

When life gave him lemons, he made ramen

Melvin Ang, 29, is no stranger to hardship, thanks to his father's gambling debts, which exposed their family to years of harassment and struggle...

Camel brand owner is nuts about digitalisation

STACKS of company documents - generated manually by its employees - sit high inside Seng Hua Hng Foodstuff's office on Defu Lane.

How Goodman Capital co-founder leverages VC firm for good causes

She aims to further cancer research and effect change through her venture capital firm.

Cutting Edge

The business of conscience

A manufacturer that makes 100 per cent food-digestible disposable tableware and a technology company that designs and implements regenerative...

The business of learning new skills

From speaking well to creating a work of art - these are skill sets that can be learnt in a methodical way. Voice training school Be The Voice...

Emerging Enterprise 2018

Going digital a necessity, not a choice, for SMEs

WITH the rapid pace of technological advances, enterprises of today have little option but to keep up or ship out.

Go digital to engage millennial talent: experts

WITH the rapid pace of technological advances, enterprises of today have little option but to keep up or ship out.

Overseas expansion is not for all local SMEs

INTERNATIONALISATION, the process of expanding a company's operations beyond Singapore, has been at the forefront of many recent government initiatives.

Resources

Employees 'best line of defence' to prevent cyber attacks

SMALL and medium enterprises (SMEs) should not have to spend a large percentage of their budget on cybersecurity, if they take proper care and...

How companies can battle copycats

How did Yamaha - an unknown upstart in the 1960s - come to dominate the piano-making business, displacing the iconic brand Steinway?

What SMEs can do to cope with rising office rents

Office rents are increasing, and here are some strategies that SMEs can adopt to be ready for this.

The SME Magazine (July/August 2018)

What’s next for the property sector?

HALF of the year has flown by and, truth be told, I barely noticed the passage of time. The year started off on an optimistic note, with analysts...

Building on a strong foundation

Construction SMEs are gearing up for a pickup in the property sector by investing in talent and technology.

Aurum Land's Michelle Yong had hard time gaining trust from board members

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Government

Growth at risk as trade conflicts, electronics slowdown take toll on Singapore exports

SINGAPORE'S exports showed signs of faltering as it notched marginal gains in June, dragged down by electronics shipments which continued to contract...

Singapore manufacturers show most improvement in bill payment: study

THE manufacturing sector has shown the most improvement when it comes to payment behaviour in the last three years. The sector has slashed 14 days off the average time a company takes to pay a debt...

Singapore non-oil domestic exports miss expectations with 1.1% growth in June

SIMMERING trade war tensions and slowing electronics momentum have led to a sharp moderation in non-oil domestic exports (NODX) in June, putting Singapore's growth in the second half of the year at...

SGSME+

Small Caps: Catalist

DLF to raise net proceeds of S$2.9m through IPO

DLF Holdings, a mechanical and electrical engineering services firm, on Tuesday said it plans to raise about S$2.9 million in net proceeds from its initial public offering (IPO), with its shares...

Prepping your business for an IPO

AN initial public offering (IPO) is the first sale of stock issued by a company to the public. Companies often use an IPO to generate more capital and publicity for the company, helping it to grow...

No Signboard to launch hawker-themed fast food chain

NO Signboard Holdings is launching a chain of fast-food outlets that serves hawker food-themed burgers, wraps and buns, the restaurant chain announced on Wednesday before the market opened.