Debt payments in 4Q18 remained generally stable across SMEs in Singapore, but were impacted by a significant number of delinquent debts stemming from theconstructionsector.  The findings on SME payment behaviour were revealed in a report released today by DP Information Group (DP Info), part...
Tribe Accelerator announced a strategic partnership with global blockchain firm ConsenSys​by signing a Memorandum of Understanding (MOU) to undertake initiatives and activities to further the blockchain ecosystem in Singapore.  Tribe is the first Singapore government-supported blockchain accelerator advocating the growth of later-stage startups by...
Small and medium enterprises (SMEs) across Southeast Asia look to invest in digital technologies within the next three years as the key enabler to drive new business propositions and user experiences, and deliver on significantly enhanced offerings. However, they face challenges around digital talent shortages and transformation,...
Beehive, a digital platform providing finance solutions to businesses, financial institutions and investors is partnering with Thailand’s Thanachart Bank to launch a digital supply chain that provides improved liquidity for SMEs in Asia.  "It is our strategic direction to enhance our digital technology capability to...
This year’s HKTDC Entrepreneur Day, organised by the Hong Kong Trade Development Council (HKTDC), broadcast a series of seminars in July giving start-ups valuable insights into finding a path forward during this difficult time. Running under the theme "Revive‧ Redefine", the 2020 E-Day invited a high-powered panel...
Entrepreneur Vanessa Ong founded Gernise Global in 2014, a B2B company specialising in distributing polycarbonate and plastic raw material. In 2016, she also founded MamaShop, a B2C e-commerce platform specialising in environmentally-friendly products including lifestyle products and eco-friendly straws. During the pandemic, like many...
Good news for SMEs in Singapore. The government has set aside an additional S$100 million (US$74 million) for small and medium-sized enterprises (SMEs). This was announced by finance minister Heng Swee Keat in Parliament during his annual budget speech. The fund, dubbed SME Co-Investment Fund III, will...
A global study released by talent investor Entrepreneur First in August 2019 revealed that many of the Generation Z Singaporeans surveyed held positive views of entrepreneurship and relate to the values of entrepreneurs, but remain pragmatic and cautious due to fears of potential financial loss and a perceived lack of access...
Amidst the COVID-19 pandemic, many tuition and coaching centers were forced to shut down or switch to online avenues overnight. Many tuition centers started online classes using video telephony and online chat services and managed to survive somehow. However, in the long run, without...
Huawei announced its plan to invest US$100 million in startup support at the inaugural HUAWEI CLOUD Spark Founders Summit. Huawei said the investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the...