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Help for local food firms to net overseas buyers

SEVERAL initiatives to help local food manufacturers innovate and expand overseas were unveiled on Tuesday by Senior Minister of State for Trade and Industry Koh Poh Koon.

Agreements inked to set up links between Singapore and German firms

SINGAPORE'S manufacturing sector is about to get a shot in the arm, as opportunities open up for local small and medium-sized enterprises (SMEs) to...

Close look at China's high-tech retail scene

A Singapore business delegation is visiting cities in the Yangtze River Delta this week to experience first-hand how Chinese retailers are using...

Money

Razer sharpens e-payment focus with full ownership of MOL Global

RAZER has proposed to acquire South-east Asian virtual gaming credits and e-payment platform MOL Global - a company in which it already has a...

Grab emerges as largest VC recipient in the world for Q1 2018

SINGAPORE-based ride hailing giant Grab has emerged as the top recipient of venture capital (VC) investment in the world for Q1 2018 with US$2.5 billion raised in its series G funding.

CapitaLand launches all-in-one e-payment service

CAPITALAND, Singapore's largest mall operator, is the latest to join the cashless drive.

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Emerging Enterprise award

Closes?June 1, 2018

Are you looking for advice on taxes or loans? Wondering how to make use of data analytics? Curious about how other SMEs motivate employees? Tap the wisdom of our panel of experts and the savvy of fellow entrepreneurs now - just ask.

Submit a Question

Payroll: DIY or outsource?

Editor's Pick

Support for SMEs entering new markets?

What can help ease the process for an SME trying to find its footing in a new market?
Administrator
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Expert’s Take

Wong Choo Sin
Divisional Director, Enterprise Partnership Group, International Enterprise Singapore

Many SMEs face challenges in navigating the business landscape and finding the right local partners when expanding overseas. To ease some of these initial challenges, companies can make use of IE Singapore’s Plug and Play Network (PPN). Currently, there are 9 PPN partners providing pre-market entry advisory, business matching, in-market consultations and co-working spaces in key cities in China, Southeast Asia and India.

When going into a market, leasing an office space can be challenging due to regulatory requirements and high overhead costs. Processing time for office rental may also take quite long depending on the market. By using a PPN partner’s co-working space as a start, companies can set up easily and quickly without the hassle of business registration, renovation and rental agreements. A plus point is that these PPN co-working space partners have business mentors and advisors on hand to guide companies on set-up and business issues.

Another common challenge is in finding business leads. By using some of our partners on the PPN, companies can tap into their search and business matching services for overseas business partners.

For more details about the Plug and Play Network, visit http://www.iesingapore.gov.sg.jujyulong.com/PPN .

Towkays

Singapore startup Haulio plays Uber to the container-truck trade

RIDE-HAILING and bike-sharing platforms have entrenched themselves in many countries, including Singapore. And the trend has now spread to...

From the corporate world to coffee farming

Chris Wanden gave up a high-flying corporate job in his forties to start Dimbulah Coffee and found success and financial freedom

Homegrown firm Actxa blazes a trail to fitness

JUST like hopping on stepping stones across a river, local fitness wearables company Actxa was formed as a result of an opportune moment. Back in...

Cutting Edge

The business of learning new skills

From speaking well to creating a work of art - these are skill sets that can be learnt in a methodical way. Voice training school Be The Voice...

Nourishing the body inside out

YOU are what you eat - or at least that is what husband-and-wife team Kelvin Chua and Huang Pei Shan, co-founders of organic food store Taste...

Emerging Enterprise 2018

Practical prizes for Emerging Enterprise winners as partners aim to provide resources for growth

It is not merely for the honour of a title and trophy that one gets in the running for the Emerging Enterprise Award. Past winners have spoken about how practical, relevant and business-oriented...

What Emerging Enterprise winners and finalists say about the Award

Now in its 11th year, the Emerging Enterprise Award has proven pivotal in the stories of many of Singapore's young growth enterprises. Here's what some of the award's winners and finalists over...

Applications now open for award to celebrate emerging enterprises

WHAT do some of Singapore's most notable brands such as Benjamin Barker, Secretlab and The Golden Duck have in common?

Resources

Views From The Top: Purpose over paycheque

THIS WEEK'S TOPIC: Why do you think the level of employee engagement in Singapore is below-average, compared to other countries? How might an employer spark enthusiasm and boost the sense of...

Round-up: SMEs and cash flow management

Here's a round-up of some of our most-read stories on SMEs and cashflow management.

Time spent on admin tasks - what's it costing your business?

WHAT could your business achieve with an extra 168 working days a year?

The SME Magazine (Mar/Apr 2018)

Skilling up for success: How SMEs are dealing with the talent challenge

SMEs need a pool of skilled talent to develop and execute innovative strategies to reach new heights

What SMEs should do to protect themselves from cyber attacks

The consequences of cyber breaches are grave, and SMEs should take measures to prevent cyber attacks from happening.

Moving with the times: How Yang Kee Logistics managed succession in its family business

A father-and-son team grew Yang Kee Logistics to a respectable size from its modest beginnings, but the company reached a turning point when the...

Government

S Iswaran looks forward to challenge of helming MCI

WITH "fake news" and communication issues now often cast in the spotlight, the incoming Minister of Communications and Information (MCI) S Iswaran...

Singapore exports fall for 2nd consecutive month in March

SINGAPORE'S exports continued to disappoint for the second straight month in March, hit by a triple whammy of high base effects, cooling electronics demand and a strengthening Singdollar.

Latin America's digital economy beckons; will Singapore outfits go?

GETTING there can be a hassle - taking up to 24 hours by plane. Communication will be a bother - with most people there speaking only Portuguese or Spanish. But despite these challenges, the Latin...

SGSME+

Small Caps: Catalist

Making room for renewable energy

ACROMEC, which designs and maintains laboratories and sterile facilities, had an interesting proposition when it sought an initial public offer (IPO) in Singapore in 2016.

Jeweller Soo Kee set to change its name

JEWELLERY retailer Soo Kee Group will look to change its name to SK Jewellery Group Limited at an upcoming extraordinary general meeting (EGM), it announced on Thursday evening.

Alliance Mineral, Tawana in 'merger of equals' to create mid-tier lithium player

CATALIST-listed Alliance Mineral Assets Limited and Australia-listed Tawana Resources NL have agreed to "a merger of equals" that will create a mid-tier lithium producer with pro-forma market...

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