SMALL AND MEDIUM-SIZED ENTERPRISES

No rent for the Wongs as their shop space sits empty

Since last month, landlord Wong Hin Yet, 65, and his wife have not been collecting rent from one of their Housing Board shop spaces because new tenant Guardian Pharmacy could not take over the...

Law passed to help pandemic-hit SMEs cope with rent obligations

Parliament passed a law yesterday to help pandemic-hit small and medium-sized enterprises (SMEs) cope with issues of rent, among other things, as the economic situation and outlook worsen.

Safeguards for landlords that help SMEs on rent repayment scheme

There will be safeguards for landlords that help pandemic-hit small and medium-sized enterprises (SMEs) which opt for a statutory repayment scheme for their rental arrears accumulated from Feb 1...

SMEs' cash flow problems easing with government relief: DBS survey

SINGAPORE (THE BUSINESS TIMES) - Cash flow issues appear to have eased for Singapore's small and medium-sized businesses (SMEs) as government relief kicks in, a DBS Bank survey conducted in the...

Coronavirus: More rent waivers, help on the way for hard-hit SMEs

More rent waivers are in the works for eligible small and medium-sized enterprise (SME) tenants in pandemic-hit sectors that have suffered a 35 per cent or more drop in average monthly revenue for...

SMEs hit by 35% or more drop in revenue for April-May can get rent waivers, more support

Nearly 260,000 SMEs employing more than 2 million workers stand to benefit from the rent waivers.

Businesses know they must play a waiting game after circuit breaker ends

For three years, Mr Dylan Ong, owner of The Masses restaurant, which is known for its Asian-inspired French cuisine, had resisted providing a delivery option for customers who wanted to eat at...

SMEs adapt to meet changing demands resulting from coronavirus

Although many small and medium-sized enterprises (SMEs) are struggling, some are seizing opportunities as new demands emerge due to the coronavirus pandemic.

SMEs hardest hit by coronavirus outbreak in China

BEIJING - China's small, medium and micro businesses have been hardest hit by the coronavirus outbreak, the industry minister said on Wednesday (May 20), as entrepreneurs look to Thursday's (May...

Healthcare and education SMEs get more support to adopt digital solutions for remote working

SINGAPORE - In response to the Covid-19 pandemic changing the way businesses operate, small and medium-sized enterprises (SMEs) in the healthcare and education sectors are getting more government...