The unseen side of the Singapore startup scene

THE cult of the startup has a strong pull. But the stories of success, glaringly spotlighted in the media, obscure an unseen side - a path that, for many on their entrepreneurial journey, ends in...

UOB launches eLab for upcoming Digital Bank; hiring 60 more for digital banking team

SINGAPORE - United Overseas Bank (UOB) on Thursday (Oct 18) launched a pan-regional Engagement Lab (eLab) to to personalise the way in which it...


Pharma manufacturing in Singapore gets S$34m boost

A CONSORTIUM agreement valued at S$34 million was inked on Tuesday to drive the transformation of the local pharmaceutical manufacturing industry...

NUS commits up to S$2.5 million in seed-funding scholarship for enterprising undergraduates

THE National University of Singapore (NUS) has pledged to commit up to S$2.5 million in a new bond-free scholarship that will serve as seed funding for enterprising freshmen.

China Airbnb rival raises nearly US$300m from Jack Ma fund

[BEIJING] Chinese short-term rental firm said on Wednesday it has raised nearly US$300 million in a funding round led by Jack Ma's Yunfeng Capital, amid fierce competition from US...

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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?

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 .


Entrepreneurship is the heart of all economies, says OSIM founder

THE question raised at a forum on entrepreneurship on Tuesday night is this: Are we over-romanticising entrepreneurship?

How to be a successful social entrepreneur

Social enterprises must be commercially viable, and the entrepreneurs behind them must have tenacity and create the right business networks to get...

Taking the F&B route and sticking with it

ASK Tan Hock Soon what the toughest part about being his own boss is in the food and beverage (F&B) industry, and he will tell you that his...

Cutting Edge

Photo Gallery: Cutting Edge with Howard Yu

PROF Howard Yu was in town on Oct 5 to share his insights on the biggest challenges facing today's companies. This is the first in a series of four...

Using creativity to foil copycats

IP protection is overrated. And to avoid being replaced by machines, we should block out two to three hours each day for deep, creative work....

Emerging Enterprise 2018

Fear no more the cashless wave

IT is not every day that a team of young university graduates reject lucrative job offers from top multinational companies to start up their own company.

Big dreams for tiny houses

WHEN Adrian Chia was on holiday in Australia's picturesque Great Ocean Road several years ago, he loved the beautiful coastal scenery and thought about how this was exactly what city dwellers...

Getting the smarts in money

WHEN a company's business model is built on a base of savvy consumers keen on sniffing out the best deals, one thing is for sure: eventually, those same users are going to start comparing the...


Managing road congestion in age of autonomous cars, ride-hailing

AMERICAN ride-hailing firm Uber's exit from Singapore following its merger with Grab in Southeast Asia may have caused much consternation among commuters as well as the Competition and Consumer...

Why strata malls are struggling to survive

It is late afternoon on a weekday and the Novena Regency strata-titled mall looks more like a ghost town than a consumer hub.

How to build and scale an online marketplace

THINK about the last time you ordered a meal to be delivered, or a ride home from work. Chances are you used one of the many multi-sided online marketplaces that are transforming our daily lives,...

The SME Magazine (September/October 2018)

Developing a new recipe for success

WHEN Singapore-based food manufacturer Woodlands Sunny Foods realised that its core market of Japan was at risk of being shut off due to changes...

Banking with the times

Banks are responding to a new platform economy and changing customer demands.

Moovaz CEO looking to use data analytics, machine intelligence to aid logistics sector

Lee Junxian, co-founder and CEO of Moovaz, is looking to leverage on data analytics and machine intelligence to solve the pain-points in logistics...


Sept NODX trails forecasts; electronics expected to slow

GROWTH of Singapore's non-oil domestic exports (NODX) continued to push ahead in September, buoyed by favourable low base effects and an upswing in...

Skilled workforce key in shaping future of manufacturing in Singapore

SINGAPORE'S approach towards Industry 4.0 is "not simply about technology", said Senior Minister for Trade and Industry Koh Poh Koon on Wednesday.

Helping Singapore transcend its limitations: Chan Chun Sing

INDUSTRY 4.0 can help Singapore to transcend its conventional limitations of size and manpower to vie on the world stage, said Minister for Trade and Industry Chan Chun Sing on Tuesday morning.


Small Caps: Catalist

No Signboard licks its chops over fried chicken franchise

NO Signboard Holdings' appetite for expansion looks unsated, as the food and beverage operator unveiled a 10-year exclusive master franchise deal to sell Korean-style fried chicken in Singapore...

MeGroup lodges preliminary offer document for Catalist listing

MALAYSIA-BASED MeGroup on Thursday evening lodged its preliminary offer document for a listing on the Catalist board.

Koufu Group to incorporate more technology into business

Koufu Group has succeeded by providing quality food and service while remaining true to its Singaporean roots.

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