SMEs

In tough times, SMEs prioritise revenue ahead of innovation, talent retention

BUFFETED by a slowing economy and prolonged US-China trade war, Singapore's small and medium-sized enterprises are prioritising revenue growth ahead of product innovation, talent retention and...

Over half of SMEs see drop in profit margins as Singapore economy slows: SCCCI

SMALL and medium-sized enterprises (SMEs) are bracing themselves for a hit to profit margins as Singapore’s economic slump widens, with revenue growth their key concern going forward, according to...

Tariffs force businesses to work more closely together

PRIVATE business owners cannot wait on the sidelines for trade tensions to ebb. They are tackling trade discord today by collaborating, identifying enduring growth opportunities, and bringing...

SMEs need to contribute more to Singapore economy: Chan Chun Sing

SMALL and medium enterprises (SMEs) in Singapore need to pull their weight in raising their contribution to the Singapore economy, by being much more productive and efficient.

Google, UOB aim to train SMEs to use digital tools for business issues

GOOGLE and UOB on Monday announced a programme that aims to train 400 business leaders of small and medium-sized enterprises (SMEs) in using digital tools to solve business issues.

Cathay Financial, Indovina Bank, Finaxar tie-up to improve SME financing in Vietnam

VIETNAM’S small and medium enterprises (SMEs) can now access up to 500 million dong (S$29,220) in funds online, under a new cross-border partnership to improve access to SME financing.

More Singapore SMEs paying debt on time in Q2, led by building sector: Experian

MORE small and medium-sized enterprises (SMEs) in Singapore are paying their debts on time in the second quarter of 2019, boosted by construction sector activities, according to an Experian report...

Singapore firm budgets up to S$15m for a full smart factory

AMID manufacturing headwinds, Fong's Engineering and Manufacturing is prepared to spend up to S$15 million to launch a full-fledged smart factory in the next three to five years, in a bid to boost...

Raising SME productivity: when push comes to shove

WITH a stiff labour market and the challenging business environment expected to persist, Singapore's small and medium-sized enterprises (SMEs) increasingly have no choice but to lean more on...

More SMEs using digital payment: DBS

IT has been four months since DBS Max - a mobile-based QR payment collection solution - was rolled out in Singapore, and the local bank has seen more small and medium-sized enterprises (SMEs) use...

Renewing the push to go digital

MUCH support is available for small and medium-sized enterprises' (SMEs) digitalisation endeavours - either from the government or private sector. Yet, businesses have been slow to warm up to the...