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Singapore's SafePro picked to provide virtual bodyguards for the super rich

A WIFE of a wealthy Singapore businessman was shopping in a popular tourist district in Barcelona, Spain on a mid-August afternoon last summer when in the vicinity, a deadly terror attack was...

Ryde's on-demand courier service is 'no go' for LTA

RYDESEND, the new peer-to-peer, on-demand courier service proposed by homegrown startup Ryde Technologies, does not comply with regulations, The...

Rising cost of business hurting margins, but SMEs look to new growth markets, innovation

THE rising cost of business may be outpacing revenue and suppressing profit margins, but SMEs are actively finding new growth markets and innovating...

Money

Digital payment firms fight for HK market

HONG Kong's shopping districts are well known for their fierce competition.

Successful Asians push Crazy Rich Asians

LAST month, a group of Silicon Valley venture capital and tech minds gathered for an exclusive dinner at Chef Chu's, an old-school Chinese restaurant in Los Altos, California.

PayNow Corporate now available to businesses and government agencies

THE NEW PayNow Corporate e-payment service, launched on Monday morning, allows businesses and the Singapore government to instantly make and receive payments by using their respective Unique Entity...

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.

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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?
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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.galaxykid.net/PPN .

Towkays

The challenging journey to self-driving

TRANSPORT software startup Swat's chief executive officer Jarrold Ong is used to being on the move.

MoneySmart plans 2020 IPO, acquisition also on the cards

ENTREPRENEUR Vinod Nair has a bold vision: to disrupt the financial advisory industry with MoneySmart, the personal finance portal he founded in...

Couple brings local flavours to potato chips

EVEN though the potato chip market may seem already saturated, husband and wife team Lee Yue Jer and Kee Vern Cheng, both 32, saw a gap in it.

Cutting Edge

The business of conscience

A manufacturer that makes 100 per cent food-digestible disposable tableware and a technology company that designs and implements regenerative...

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...

Emerging Enterprise 2018

Going digital a necessity, not a choice, for SMEs

WITH the rapid pace of technological advances, enterprises of today have little option but to keep up or ship out.

Go digital to engage millennial talent: experts

WITH the rapid pace of technological advances, enterprises of today have little option but to keep up or ship out.

Overseas expansion is not for all local SMEs

INTERNATIONALISATION, the process of expanding a company's operations beyond Singapore, has been at the forefront of many recent government initiatives.

Resources

Think there's been a productivity boom? Think again

LET'S travel back in time to 1995. Most Americans still remembered the calamitous inflation of the late 1970s (prices rose 13 per cent in 1979). Many federal benefits, including Social Security,...

Finance, fintechs, and the future

Technology is shaping financial jobs and skills; big banks and fintechs will coexist instead of eating up each other

What fishermen have in common with Uber drivers

Preferred working hours show a clear return to experience

The SME Magazine (July/August 2018)

What’s next for the property sector?

HALF of the year has flown by and, truth be told, I barely noticed the passage of time. The year started off on an optimistic note, with analysts...

Building on a strong foundation

Construction SMEs are gearing up for a pickup in the property sector by investing in talent and technology.

Aurum Land's Michelle Yong had hard time gaining trust from board members

She comes from a family in the construction business, but Aurum Land's Michelle Yong sees beyond tower blocks into building community and...

Government

Volatile pharma drives Singapore non-oil exports up 11.8% in July to beat forecasts

SINGAPORE'S non-oil domestic exports (NODX) came in ahead of expectations in July, helped by a jump in seasonally volatile pharmaceuticals, despite...

Singapore fintech firms joining the dots in Africa's digital frontier

ONE of the world's leading mobile-money markets is farther afield than many might venture - but Kenya, on Africa's east coast, is fertile ground for Singapore firms tapping the digital economy. And...

Company stamps not needed on govt forms from October

FROM October 2018, companies will no longer need to affix their stamps on government forms - including tender-related documents submitted through government portal GeBIZ - unless required by...

SGSME+

Small Caps: Catalist

LY Corp net profit down 40% in Q2

MALAYSIAN wooden bedroom furniture maker LY Corp has posted a net profit of RM6.5 million (S$2.2 million) for its fiscal second quarter, down 39.8 per cent from the same period a year earlier.

Tech, e-commerce startup Synagie debuts on Catalist at S$0.265 a share

HOMEGROWN e-commerce startup Synagie Corporation debuted trading on the Catalist board on Wednesday, trading at a high of S$0.275 in the early morning.

Jumbo opens first Ng Ah Sio Bak Kut Teh franchise outlet in Taiwan

JUMBO Group has opened its first Ng Ah Sio Bak Kut Teh franchise restaurant in Taiwan, with plans to open at least 19 more outlets serving its peppery pork soup eventually, the company announced...