Singapore SMEs

The dark side of procurement

PROCUREMENT may seem like a boring topic to most of people. However, as the Auditor General's Office annually highlights many procurement lapses, the process of sourcing for and selecting the best...

Simplifying schemes for SMEs a key focus: industry watchers

Singapore

MORE support for small and medium-sized enterprises (SMEs) to deepen capabilities and scale up were doled out in Budget 2019 as...

Companies must be future-ready to thrive in machine era

IT GOES without saying that we stand to gain extensively from the advancement of machines. The usage of artificial intelligence (AI) across various sectors and industries is gradually gaining...

Stitching together new initiatives to expand the family business

TUCKED away at the quieter end of Cecil Street, Joe's Tailoring has been a mainstay in Singapore's elite circles, counting ministers, banking CEOs and even two of the nation's top 10 richest men...

Challenges SMEs face in their digital transformation journey

IN 2018, digitalisation became a popular buzzword in Singapore. Adopting e-payment systems, going paperless and using digital software to improve productivity in the workplace and increase...

Reeling in fresh ideas from a family tradition

IN 1976, Ang Junting's father set up the family business, Hai Sia Seafood, in a wet market at Mei Ling Street. Every day, the family's stall would sell bucket loads of fresh seafood such as red...

Top 1,000 firms in Singapore clock record profits, revenue: DP Info study

THE top 1,000 companies in Singapore generated all-time record turnover and profits in 2019's ranking - the highest since the ranking started 32 years ago, according to research by DP Info and EY.

What more is needed to spur innovation in Singapore SMEs?

ACCORDING to the 2016 national R&D survey by A*Star, the average total sales revenue from commercialised products and processes attributed to research and development in Singapore per company...

Making it work: managing finances as a freelancer

SINGAPOREANS are embracing full-time self-employment and the freelance lifestyle. A Ministry of Manpower report from 2017 found that freelancers make up approximately 8.5 per cent of the workforce...

Engaging workers as business transforms is a must: panellists

EVEN as businesses continue to transform themselves, many have focused on technology alone - neglecting the need to engage with their people to cope with the changes, noted panellists at a human...