Managing a business ethically burnishes reputation

SAC CAPITAL Private Limited is a reputable corporate finance company whose co-founder and chief executive officer, Mr Ong Hwee Li, lives by the motto "Excuses are for losers". He was inspired by...

Trax gets US$100m funding to become Singapore's second unicorn after Grab

SINGAPORE (REUTERS) - Image recognition technology firm Trax, a start-up that is backed by US private equity giant Warburg Pincus and counts...

Tag-team tack keeps Singapore businesses sustainable, fighting fit

AS companies recognise the need to innovate and transform their businesses to remain sustainable and competitive, partnerships between traditional...

Money

Trax gets US$100m funding to become Singapore's second unicorn after Grab

SINGAPORE (REUTERS) - Image recognition technology firm Trax, a start-up that is backed by US private equity giant Warburg Pincus and counts...

Venture firm Cocoon Capital raises $30m for 2nd tech start-up fund

SINGAPORE - Singapore-based venture firm Cocoon Capital has raised $30 million for its second fund to aid enterprise tech start-ups in South-east Asia.

Turning talent into impact

THE business of investing in startups is complex. Sure, venture capitalists would tell you to bet on disruptive companies with high growth potential and outstanding founders.

Are you looking for advice on taxes or loans? Wondering how to make use of data analytics? Curious about how other SMEs motivate employees? Tap the wisdom of our panel of experts and the savvy of fellow entrepreneurs now - just ask.

Submit a Question

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?
Administrator
1
false

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

Turning talent into impact

THE business of investing in startups is complex. Sure, venture capitalists would tell you to bet on disruptive companies with high growth...

The Frequent Flyers

Some people live to eat. Now meet the man whose mission is to eat at all the best restaurants listed on all the top dining guides in the world....

US-based Accel backs familiar faces at startup Travelstop in US$3m round

US venture firm Accel is putting money behind business travel management startup Travelstop, reuniting the investor with alumni from vacation...

Cutting Edge

ONE Championship founder to share entrepreneur tips, journey at forum

GROWING up, Chatri Sityodtong had always been deeply passionate about martial arts and entrepreneurship.

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...

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 (July/August 2019)

Innovation strategies for Singapore SMEs

They include expanding beyond the small domestic market, finding funding, mitigating liquidity risks and looking for M&A solutions.

Running a business & the art of motorcycle maintenance

Your accounts need to run like a well-oiled machine as SMEs can get the money they need to scale up or innovate by constantly maintaining their...

Be a better director

Acra has two online training programmes that offer resources for new company directors and aspiring entrepreneurs.

Government

Singapore headline, core inflation weaken in June

SINGAPORE'S headline inflation eased in June, ending a four-month streak of edging upwards, according to consumer price index (CPI) figures released...

Tag-team tack keeps Singapore businesses sustainable, fighting fit

AS companies recognise the need to innovate and transform their businesses to remain sustainable and competitive, partnerships between traditional enterprises and innovative tech startups are...

Business leaders call on govt to help firms help themselves in slowdown

AS THE economic slowdown deepens, some business leaders in Singapore are calling on the government to look at immediate relief measures to help firms rise to the challenge, even as it stays...

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.

Events