SMEs

P2P lender Validus sees 50-75% spike in applications for unsecured SME loans

SINGAPORE peer-to-peer lender Validus Capital in March registered a 50 to 75 per cent jump in applications for unsecured loans, a sign of credit demand from cash-strapped enterprises hit by the...

Durablinds boss bounces back from business setback

SHE thought she had found a skilled business partner with experience in the industry, but he turned out to be her worst bet.

In trying to overcome high logistics costs, DAP's Gina Toh struck gold

GINA Toh and her husband had only begun thinking about starting their own business when the cost of logistics almost deterred them. But the pair saw opportunity in solving the problem, and...

SMEs hold key to creating more inclusive growth

FOR decades, businesses and policymakers have focused on economic growth as a key measure of success. Humanity has made tremendous progress as a result. We have globalised and transformed...

FoodXervices boss overcomes challenges to drive firm's expansion

FOODXERVICES' turnover has grown about five times to surpass S$60 million since Nichol Ng took charge of the business in 2007, but she was doubted because of her young age and gender at the start...

HSBC rolls out new green loan

HSBC Singapore wants to make green finance easier and less costly for small and medium enterprises (SMEs) with a new green loan that will accept applications based on Singapore industry...

Expansion not on the cards for Tong Heng

CONTRARY to what most successful businesses might do, Tong Heng is reluctant to expand, be it within Singapore or beyond local shores.

Leading tech firms can help create the future

THE year 2020 began with challenges such as slower economic growth, the unforeseen Covid-19 outbreak and environmental problems. As businesses deal with the immediate challenges, it is encouraging...

Haulio and Avantida team up to use shipping containers more efficiently

SINGAPOREAN logistics player Haulio is partnering Belgian company Avantida to offer container "street turn" services, in a move to improve the efficiency of container usage.

Higher costs seeping into supply chains with virus outbreak: OCBC

DISRUPTIONS to regional supply chains amid the Covid-19 outbreak have bumped costs up by almost 20 per cent for some traders and distributors as they scramble to find alternative suppliers outside...