Singapore SMEs

DBS doubles SME digital business loan quantum to S$200,000

DBS Bank has again doubled the quantum of its digital business loan for small and medium-sized enterprises (SMEs) to S$200,000, to give firms access to more substantial working capital to weather...

Workplace closure rule catches businesses off guard

SINGAPORE'S move to close nearly all workplaces from next week caught businesses by surprise, even as most have gradually implemented business continuity measures amid the unfolding virus outbreak...

Singapore SMEs' business optimism hits lowest since 2009: Poll

SMALL and medium-sized enterprises (SMEs) in Singapore, hit hard by the Covid-19 outbreak, are nursing the lowest levels of business optimism since 2009.

Enterprise Singapore launches e-commerce help package for retail SMEs

TO help small and mid-sized enterprises (SMEs) in the retail sector that have been badly hit by the novel coronavirus outbreak, Enterprise Singapore (ESG) on Thursday launched a booster package to...

Relief measures offer respite but banks can do more: SMEs

SMALL and medium-sized enterprises (SMEs) are now weighing the cost of taking up loans or deferring existing payments as they add to future obligations, even as they get some breathing room to...

Across vintages, SMEs to seek liquidity buffer for long winter

SEASONED small- and medium-sized enterprises (SMEs) that have weathered cycles through the years are assessing their liquidity while on good credit standing, even as they have an estimated 30-40...

Call for bold measures in second support package

THE government's second support package will need to bring out the big guns if Singapore wants to avert severe fallout from the novel coronavirus pandemic within the next few months, businesses,...

HAO Mart branches out with niche offerings, halal concepts

BARELY four years after its parent company HAO Corp delisted its electronics manufacturing business and went into the grocery industry, HAO Mart is delivering strong results for the group,...

New distancing rules could be last straw for some businesses

THE latest social-distancing measures to slow the spread of the novel coronavirus may deal another heavy blow to frontline businesses already battered by the outbreak.

SMEs rush to house Malaysian workers for next two weeks

AS MALAYSIA seals itself off for two weeks starting from Wednesday, Singapore employers have welcomed the government's offers of help with accommodating their Malaysian workers who will be unable...

Businesses hope for speedy aid to address immediate needs

WITH the Covid-19 virus outbreak likely to last till the end of the year, businesses are hoping to get more help to retain their workforce and quicker aid within the next two to three months in...