Phase 3 reopening will not see big jump in business: economists

ECONOMISTS and firms remain cautious about the economic promise of the third and final phase of Singapore's reopening amid the Covid-19 pandemic, given global uncertainty and the necessarily...

OneSME platform to help Singapore, China firms expand reach, boost trade

A CROSS-BORDER digital trade platform for small and medium-sized enterprises (SMEs) in Singapore and China will give local SMEs a new avenue for...

Local SME helps Coca-Cola automate key production step

LOCAL enterprise software company PD Solutions, together with a unit of Agency for Science, Technology and Research (A*Star), is behind the...

Money

US$100m fund being raised to target early-stage Asean buys

A NEW venture capital firm by five private capital veterans, including businessman Koh Boon Hwee, is raising an inaugural fund of over US$100...

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 Times. While funding may be tougher to secure, new...

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

DESPITE the gloomy skies, US-headquartered Lightspeed Venture Partners is bullish on South-east Asian startups that can fill key "infrastructure gaps" amid the Covid-19 outbreak, the venture firm'...

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

Playing the digital field

THE future of branding and communications is going to look quite different, with the bulk of the experience driven by digital interactions and...

The old-world charm of Rida Video Centre, one of S'pore's last video-rental stores

Rida Video Centre, one of Singapore's last video-rental stores, is a bastion of a vanishing age.

Zopim co-founder eyes post-Covid travel surge with startup GoTrippin

EVEN as the travel sector has turned moribund, entrepreneur Royston Tay sees opportunity. The co-founder of Zopim, one of Singapore's earliest...

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 2019

Young guns fire up Singapore industries

THEY may be young companies, but they are pushing the envelope in their respective industries - and making money from it too.

ACE reeling in growth opportunities with high-tech fish farming

GLOBAL fish production has been on the decline in recent years, as a result of overfishing and deteriorating water quality fuelled by climate change.

Emage Vision's automated systems can replace human inspectors

IMAGINE a factory floor devoid of human inspectors, with machines doing all the work instead. That scenario is actually a reality these days for Emage Vision, a company that produces "machine...

The SME Magazine (January/February 2020)

Making customer experience everybody's job

By ensuring that every team member is dedicated to improving the customer experience, companies in Singapore can stand out from the competition...

The workplace as a destination

Dated work environments are unsuited for emerging patterns of work and are inhibiting workers from performing to their full potential.

Property data

A list of asking rents of office and industrial spaces, and sales caveats.

Government

Phase 3 reopening will not see big jump in business: economists

ECONOMISTS and firms remain cautious about the economic promise of the third and final phase of Singapore's reopening amid the Covid-19 pandemic,...

'Cautious optimism' in retail, F&B, but SMEs' outlook at record low

BUSINESS sentiment among small and medium-sized enterprises (SMEs) in Singapore have dipped to a record low, but those in the retail and food and beverage (F&B) sectors appear encouraged by...

'Cautious optimism' in retail, F&B even as SMEs' business outlook dips to all-time low

BUSINESS sentiment among small and medium-sized enterprises (SMEs) in Singapore have dipped to a record low, but those in the retail and food and beverage (F&B) sectors appear encouraged by the...

SGSME+

Small Caps: Catalist

Catalist debutant SPCH aims to be one-stop pain shop

THE domestic market is Singapore Paincare Holdings (SPCH)'s only nerve centre. But the company has Malaysia and Indonesia in its expansion crosshairs.

Funds raised from Singapore IPOs halve in H1 2020: Deloitte

FUNDS raised from initial public offerings (IPOs) in Singapore fell 53.2 per cent to S$725 million in the first half of 2020, from S$1.55 billion a year ago, according to data from Deloitte on...