Transformation and growth needed, but SMEs say they must survive first

BUSINESSES in Singapore welcomed the government's latest drive to spur further transformation and growth, but for some, business survival may take precedence at the current moment.

Creditors fear illiquid equity in new honestbee entity

BEING stuck with potentially illiquid stock was a key concern raised at honestbee's creditor townhall on Monday, which was attended by over 100 creditors, The Business Times has learnt from...

Budget measures can help SMEs raise their game

Faced with global trade and geopolitical tensions, economic slowdown and uncertainties from the novel coronavirus outbreak, local small-and medium-sized enterprises (SMEs) are finding it...

SMEs to get free StarHub softphone service for remote working during outbreak

STARTING from Feb 13, small and medium enterprises (SMEs) will be able to subscribe to the softphone app of StarHub's cloud telephony solution for free, till Sept 1, 2020.

John Lim's family office, ARA, Straits Trading to offer S$5m in loans to help SMEs amid outbreak

SINGAPOREAN property tycoon John Lim's family office, JL Family Office, ARA Asset Management and Straits Trading Company have set up a S$5 million fund to extend short-term loans to businesses in...

Humility, managing skills key to his role, says Mothercare's Pang Fu Wei

AS successor to the Pang Kim Hin Group, known for bringing British baby goods brand Mothercare to Singapore, Pang Fu Wei says humility and the art of managing people are the skills he's had to...

Home furnishing players face potential supply disruptions

WHILE largely unaffected for now, some companies in the furnishings industry in Singapore - from furniture makers to lighting suppliers - are concerned about potential disruptions to their supply...

Coway Engineering: Finding a niche

IDENTIFYING a service gap early on was Coway Engineering & Marketing's gateway into the aerospace industry in 1996. The company observed that most precision engineering companies in the 1990s...

TransFingo: Tackling the manpower challenge

FOUNDED in 2003, outsourced solutions provider TransFingo has always had a vision to serve the aerospace industry, says managing director Kelvin Chung.

Globaltronic Precision: From semiconductors to aircraft

FOUNDED in 2002, Globaltronic Precision is one company that leveraged its expertise in precision machining for the semiconductor industry to start serving the aerospace industry in 2006.