Pro-business clinic formed to help SMEs cut red tape

A one-stop facility dubbed a "regulatory concierge service" has been started to allow firms to understand government rules without having to contact individual agencies.

Chances of a new white knight for Hyflux low, say experts

Experts said that the chances of one are low despite the removal of a loss-making asset from Hyflux's books.

Going islandwide is key to tourism sustainability

NORTH, south, east, west - it seems that the Singapore Tourism Board (STB) is certainly spreading its eggs out with prominent large-scale projects...

Money

Spicy hotpot makes Singapore's newest billionaires over $7.6b richer in just first three months of 2019

HONG KONG (BLOOMBERG) - China's insatiable demand for spicy hotpot is placing the founders of a restaurant chain atop one of the world's fastest-...

AIDA raises Series A capital from Mastercard, Kuok, SGInnovate; eyes Philippines, Japan

SINGAPORE - Machine learning data analytics startup AIDA Technologies has completed an undisclosed Series A funding round from investors Mastercard, Kuok Ventures and SGInnovate.

More VCs pour into Asean, but await elusive exits

VENTURE funds are pouring into the region at an unprecedented rate as big venture capital (VC) names from China and India jostle to tap on growth in South-east Asia.

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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

Money FM podcast: Coffee with Claressa: P&G's Womens Entrepreneur Development Programme

Claressa Monteiro has a fascinating conversation with Belen Carazo, director, communications, Asia Pacific Headquarters P&G and Mala Rajpal...

Don Don Donki not fazed by tight labour, pricey rentals here

STIFF labour conditions and pricey property rents may be the bane of retailers in Singapore, but Don Don Donki is not letting such troubles get in...

Cutting Edge

Photo Gallery: On the Cutting Edge with venture capitalist Jenny Lee

Jenny Lee, managing partner of GGV Capital, shared her thoughts on how she spots winners of the future. This is the second in a series of four...

GGV Capital's Jenny Lee to speak at forum of Cutting Edge thought leaders

ALIBABA. Didi Chuxing. Xiaomi. These are some of China's most successful tech firms, and also the companies that renowned venture investor Jenny Lee...

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 (March/April 2019)

Transforming logistics

Game-changers in the logistics ecosystem are turning to digitalisation and talent development.

Driven by a vision

In using a digital platform to add a touch of modernity, Haulio’s Alvin Ea is hauling the logistics industry into a new era.

Why standards matter in the food industry

Standards lay the foundation for innovation, developing new products and adopting new technologies, and can also facilitate market access.

Government

Programmes, mentors to help startups take wing overseas

TO HELP local startups expand overseas strategically, Enterprise Singapore is looking to run structured programmes through partnerships with...

Going islandwide is key to tourism sustainability

NORTH, south, east, west - it seems that the Singapore Tourism Board (STB) is certainly spreading its eggs out with prominent large-scale projects across the island.

Surprise export dive sparks fears of revision in GDP outlook

REGIONAL economies were behind the shock double-digit drop in Singapore's March exports, even as economists warned of a worsening drag on full-year economic growth.

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.