New power options for Jurong households and small businesses

HOUSEHOLDS and small businesses in Jurong will know from Monday what new options they have in buying electricity, as a price comparison website is launched and approved retailers start marketing...

Neuflor fights carpet rivals with on-demand 'smart tiles'

FACING stiff competition, local carpet tile distribution company Neuflor International came up with an on-demand carpet tile manufacturing technology...

Bloom or gloom? Orchid farm owner weighs prospects

Growing up around orchids did not mean an instant affinity for the blooms for Woon Leng Nursery owner Teo Woon Cheng, 46.


Cash and mobile banking can be sound proposition in emerging markets

IT WOULD seem odd to put the two together: cash and mobile banking. But the strange bedfellows make a good business model for expanding into banking...

Super Apps shaping the future of finance

THE traditional boundaries of the financial services industry are gradually becoming indistinguishable. With virtually every area of consumer finance - from payments and transfers to lending and...

Tikehau Capital, Sprim join forces with new Singapore-based life sciences VC fund

LIFE science startups hoping for a big break can now look to a new Singapore-based cash cow for funding.

IE SINGAPORE Tariff Finder

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Franchising advice?

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?

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.13zl.info/PPN .


How Abhit Sud is changing the beauty business industry

If there’s one sport that mirrors Abhit Sud’s ethos in business and life, it is tennis. From the glint in his eye to the quickening in his speech...

How Karen Tan changes the lives of conserved buildings and landmarks in Singapore

Call her sentimental, or a nostalgia junkie, if you like. But Karen Tan, 37, the woman behind The Projector, Singapore’s only art house cinema,...

How Jackson Aw became a niche toy maker for collectors all over the world

Irreverent figurines like “dissected” rabbits with their bones and guts showing, and a skeleton in the lotus pose flashing a rude hand gesture are...

Going Global

Shenzhen a good place for Singapore hardware startups: IE Singapore

OPPORTUNITIES abound for Singapore hardware startups in Shenzhen, a metropolis that has in the past few decades incidentally become Guangdong's...

Singapore industrial parks abroad help local SMEs in global drive

SOME 240 Singapore companies, 70 per cent of them small and medium enterprises, have invested in Singapore industrial parks set up in emerging...


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...


Talent crunch will set back innovation

WHAT'S the No. 1 item on the wish list of local small and medium-sized enterprises (SMEs)?

Budget 2018: 10 changes that will affect SMEs

To help you get up to speed with what's new, here's our (non-exhaustive) list of 10 things from Finance Minister Heng Swee Keat's Budget speech that are likely to affect small and medium...

Go big, go west: How one homegrown real estate developer expanded its logistics business in China

Singapore real estate developer Mapletree Investments has been flourishing in China, where it boasts projects in more than 20 provinces across the country. The company credits its success in the...

Small Caps: Catalist

SGX set to snag its first fintech listing through Ayondo's IPO

AFTER a failed reverse takeover last year, European social-trading broker Ayondo Ltd is poised to be the first fintech company to list on the Catalist platform on the Singapore Exchange (SGX).

A long, dry wait for DeClout's third act

TWO years ago, DeClout, a holding company for next-generation technology firms, looked like it was blazing a trail with two big exits on its investments. Brokerages churned out various non-rated...

Tung Lok signs tenancy agreement to open Signatures restaurant at Eu Tong Sen St

TUNG Lok Restaurants announced on Wednesday it has entered into a tenancy agreement with Riverhub Pte Ltd to lease eight units, together with the outdoor refreshment areas, at The Central mall at...


Singapore firms to get direct access to Bangladeshi infrastructure projects

SINGAPORE companies will be able to capture opportunities in fast-growing Bangladesh as International Enterprise (IE) Singapore partners the country'...

Singapore firms to get direct access to infrastructure opportunities in Bangladesh

SINGAPORE companies will be able to capture opportunities in fast-growing Bangladesh as International Enterprise (IE) Singapore partners the country's Public Private Partnership Authority (PPPA) and...

Leg-up for Singapore firms to access India's Andhra Pradesh

ENTERING the fast-growing Indian state of Andhra Pradesh will be easier for Singapore firms with the establishment of a new business council and an innovation corridor for urban solutions.


Quick takes: Singapore 2018 GDP outlook more stable, but growth likely to slow

THE SINGAPORE economy expanded 3.1 per cent in the last three months of 2017, lifted once again by robust manufacturing growth.

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