Singapore SMEs

Customising AI strategies through experiments

ARTIFICIAL INTELLIGENCE (AI) is not being implemented optimally in South-east Asia. While AI adoption rates across the region have risen to 14 per cent in 2018 from just 8 per cent the year before...

SMEs to be given help to digitalise and venture abroad earlier

ENTERPRISE Singapore (ESG) said on Thursday that it will embark on a new strategy to grow and develop local businesses, with an emphasis on helping a broader base of small and medium-sized...

Local SME Tee Hai Chem sells 51% stake to German MNC, teams up to go global

SPECIALITY chemicals distributor Tee Hai Chem on Thursday sold a 51 per cent stake to German chemical distribution giant Brenntag for a sum estimated to be S$200-300 million.

Tee Hai Chem sells 51% stake to German giant Brenntag as it teams up to go global

SPECIALITY chemicals distributor Tee Hai Chem on Thursday sold a 51 per cent stake to German chemical distribution giant Brenntag for a sum estimated to be S$200-300 million.

Resilience can help Singapore private equity leapfrog to pole position

SINGAPORE'S recent budget announcements have been trade focused. Simplifying regulations, the launch of a US$5 billion private markets programme to encourage global private equity investment, and the...

How women can build the future of business in Singapore

GENDER balance is not only a women's issue, it is a business issue. A recent study from the McKinsey Global Institute estimates that women in the Asia-Pacific, if given equal opportunities at work,...

Businesses fear tying grants to worker outcomes could be deterrent

BUSINESSES are wary about a new condition announced in Parliament on Monday that requires firms to commit to the "fulfilment of worker outcomes" such as wage increases if they receive funding support...

To build an international business, it's about growing better, not faster

STARTING a business has never been easier, but scaling one has never been harder. For those that do succeed in their home markets, formulating plans to expand overseas is often the next step in...

Silver linings and dark sides of the cloud

THE usage of cloud services has become more common in recent years. Some of the typical cloud offerings familiar to SMEs include Microsoft Office Online, Salesforce CRM, SAP Cloud, DropBox and...

Govt to make it easier for businesses to apply for licences

TO CREATE a pro-business environment, the government wants to streamline regulations to reduce costs, cut paper work and free up resources, said Senior Parliamentary Secretary for Trade and...