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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...
The new BT office will be the hub for the British company to deliver its services across South East Asia, providing cyber security solutions and services to private and public sector organisations. The company plans on using its expertise to help businesses and local government secure their...
The Association of Small & Medium Enterprises (ASME) has recently launched the SME Cloud Exchange Network Software (SMECEN) that encourages small and medium enterprises to embark on digital transformation to be global ready. Supported by Enterprise Singapore, the Accounting and Corporate Regulatory Authority (ACRA) and Inland Revenue...
DBS will create a B2B platform for small and medium enterprises (SMEs) to sell their goods and services to large corporate and multinational corporations (MNCs). DBS is collaborating with Singtel for the SME portal which will instantly connect SMEs including those without an online presence to an e-commerce platform hosted on the...
Singapore and South Korea have inked two agreements that will provide opportunities for small and medium enterprises (SMEs) and startups in both countries to sharpen their competitive edge and internationalise. The two Memoranda of Understanding (MOUs), witnessed by President Moon and Singapore Prime Minister Lee Hsien Loong, establish new partnerships...
In a bid to help SMEs in their digital transformation journey, banking and financial services corporation DBS has recently launched DBS SME Connect, a portal for SMEs across all industries to access web-based business tools and services to get digital, connected and protected fast. SMEs who are...
A recently launched accelerator programme in Singapore aims to help startups and small and medium enterprises (SMEs) from Brunei to expand to Southeast Asia. The programme, Start-Up Boot Camp, has been launched by Singapore’s Golden Equator Consulting (GECo) and Darussalam Enterprise (DARe) of Brunei. The main goal of the program is...
FedEx Express’ annual APAC SME Research Report has revealed that small businesses in Asia are using technology to drive exports worldwide. For the first time, the proportion of SMEs that export beyond Asia exceeds the proportion who export only to countries within the region. Overall, the number of SMEs exporting beyond Asia is...
Singapore SMEs continue to adopt a mildly optimistic outlook for the first six months of 2019 as general sentiments eased across all seven sectors.The SBF-DP SME Index (the Index) decreased from 51.0 to 50.7 this quarter, indicating a slight dampening of sentiments among SMEs. This index is...
Information and support on global trade opportunities will help small and medium enterprises (SMEs) in Singapore internationalise and grow, according to research from accounting body Association of Chartered Certified Accountants (ACCA). The accounting body's report revealed that nearly half of respondents in its latest survey would like to receive such...