AI engine Athena is a modern-day teacher

TEACH a man how to fish, and you can feed him for a lifetime. Homegrown artificial intelligence (AI) company Xjera Labs aims to do just that, with the aid of neural networks and deep learning...

MatchMove takes stake in P2P lending platform MoolahSense

DIGITAL payments startup MatchMove looks to boost its SME lending capabilities in the region by acquiring a stake in Singapore peer-to-peer (P2P)...

Novelship in race to capture Asia's resale market for rare sneakers

THE race is afoot to capture the resale market for collectors' sneakers and streetwear in Asia, and Singapore-based Novelship is all laced up and...

Money

US fintech startup Stripe valued at US$35b in latest funding round

[BENGALURU] Stripe Inc said on Thursday it is raising US$250 million in its latest funding round, which values the payments startup at US$35...

Venture capital firms share long-term investment strategies

A STRICT seed-stage focus and building brands out of consumer trends are some of the investment strategies that venture funds will deploy in South-east Asia over the next five years.

Singapore's asset management industry grew at slower 5.4% pace to S$3.4 trillion last year: MAS

DESPITE a challenging year for global financial markets in 2018, Singapore’s assets under management (AUM) increased further by 5.4 per cent to S$3.44 trillion, according to an annual poll by the...

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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

Interview - Alain Ducasse

ALAIN DUCASSE is synonymous with French fine dining, and has enough gravitas as a chef with 20 Michelin stars to turn the food world's ‘rock stars...

AI engine Athena is a modern-day teacher

TEACH a man how to fish, and you can feed him for a lifetime. Homegrown artificial intelligence (AI) company Xjera Labs aims to do just that, with...

Claire Chiang, Business Owner and Activist

IN A WAY, Claire Chiang has always lived by the ethos of conservation.

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 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...

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

Asian FTAs 'not exclusive', support multilateral trading system: Heng

EVEN as the region works on free trade agreements such as the Regional Comprehensive Economic Partnership (RCEP), it must do so in a way that is...

'Future of semi-conductor industry bright' even when chips are down

EUROPEAN chipmaker STMicroelectronics, which makes nearly half of its products here, doubled its capacity for a key semiconductor product with an expanded wafer fab facility in Ang Mo Kio that...

No major short-term impact expected on S'pore refinery sector from Saudi attack: MTI

THE attack on Saudi oil plants over the weekend is not expected to have a significant impact on Singapore's refinery sector in the short term, said the Ministry of Trade and Industry (MTI) on...

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

24 Sep 2019 - 09:00 to 25 Sep 2019 - 18:00
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