F&B staff crunch returns along with business pickup

AS business activity picks up, the food and beverage (F&B) industry is facing a manpower crunch - an aftermath of shrinking their workforce at the height of the Covid-19 pandemic.

Covid-19 turmoil creates fresh openings for new startups

THE economic downturn can in fact be an opportunity for entrepreneurs to launch new ventures, startup veterans and investors tell The Business...

GovTech licenses smart thermal scanner software to SMEs, non-profit organisation

THE Government Technology Agency (GovTech) has licensed the software for SPOTON, a smart thermal scanner for mass temperature screening, to four...

Money

Covid-19 turmoil creates fresh openings for new startups

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Lightspeed swoops in on bright spots in S-E Asian startups

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Quest Ventures to nurture Malaysian startups in partnership with accelerator

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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

Singapore timber trading scion sets sights on financing business in Indochina

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Government

Electronics rebound will give lasting boost to Singapore exports: Analysts

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Small Caps: Catalist

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Funds raised from Singapore IPOs halve in H1 2020: Deloitte

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