Over half of SMEs in Singapore have experienced a cyber error or attack last year: poll

SOME 56 per cent of small and medium enterprises (SMEs) in Singapore have experienced a cyber error or attack in the last 12 months, a survey has found, flagging a significant perception gap between...

Biggest fall in S'pore exports in over two years

Singapore's exports fell 8.5 per cent last month from a year ago - its largest slide in over two years - dragged down by a drop in electronic and...

Look to India for growth, ESG urges Singapore consumer firms

THE size and structure of India's economy make it an attractive market for Singapore's consumer players, even amid fears of a global downturn.

Money

Singapore-backed technology firms make waves at CES

THOSE who are familiar with Creative Technology's Super X-Fi headphone holography may have felt a pinch of déjà vu when Sony unveiled a new "360...

More startups have an unfamiliar message for venture capitalists: Get lost

[NEW YORK] On a sunny Saturday morning in New York City a few months ago, a group of 50 startup founders gathered in the dank basement of a Lower East Side bar. They scribbled notes at long tables,...

Kimly receives S$1.4m advance repayment from aborted sale of ASC

CATALIST-listed coffee shop operator Kimly - which is under probe by the authorities over a controversial purchase of a drinks firm that was later aborted - on Tuesday said it has received an...

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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 gets serious about food security

VISITORS to Singapore's Orchard Road, the city's main shopping belt, will find fancy malls, trendy department stores, abundant food courts - and a...

At the heart of healthcare

SINGAPORE Medical Specialists Centre (SMSC) believes the key to building a successful integrated healthcare centre is through investing in...

Construction tech startup Novade on paperless crusade with one-stop solutions platform

WHEN he led Autodesk's Asia sales team, Denis Branthonne wanted to sell the engineering and architecture software that his company was famous for.

Cutting Edge

Photo Gallery: Cutting Edge with Howard Yu

PROF Howard Yu was in town on Oct 5 to share his insights on the biggest challenges facing today's companies. This is the first in a series of four...

Using creativity to foil copycats

IP protection is overrated. And to avoid being replaced by machines, we should block out two to three hours each day for deep, creative work....

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 (November/December 2018)

In his shoes

"GOOD shoes take you good places” is an apt description of the life journey of Tom Ng, founder and director of women’s shoe label Pazzion. Indeed...

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...

Standing on the shoulders of giants

E-commerce platforms offer opportunities for SME retailers to catch the e-commerce wave and even help them build capabilities in order to scale up...

Government

NODX down a surprise 8.5% in December

SINGAPORE'S exports ended 2018 on a surprisingly weak note, with non-oil domestic exports (NODX) falling for the second straight month in December...

Look to India for growth, ESG urges Singapore consumer firms

THE size and structure of India's economy make it an attractive market for Singapore's consumer players, even amid fears of a global downturn.

ESG, partners to pump over S$90m into agri-food tech

ENTERPRISE Singapore (ESG) investment arm Seeds Capital has appointed seven co-investment partners to pump more than S$90 million into Singapore agri-food tech startups.

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.