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...
At a recent technology forum, Singapore Minister for Trade and Industry, Chan Chun
Sing emphasised on the role of small and medium enterprises (SMEs) in innovation.
According to Chan, we now live in an era where the effects of technological disruption are
ubiquitous, touching all aspects of our lives – from the way...
In a first for Singapore, a shared small batch food manufacturing facility being set up by
Enterprise Singapore, JTC and Singapore Institute of Technology (SIT) aims to fill a gap in
the market for small batch production.
Small and medium food manufacturers often face hurdles such as a lack of facilities, costly
equipment,...
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...
Kampong Glam, Singapore’s first digitally-enabled neighbourhood, has launched five
initiatives in its first phase to help traditional businesses located in the area succeed in a
digital economy. Around 150 merchants have already benefited from the digital
transformation.
The neighbourhood transformation project led by the IMDA in collaboration with Enterprise
Singapore, the One Kampong Gelam...
Is it time for small and medium enterprises (SMEs) in Singapore to bury the old paradigm
and focus on newer technologies such as Artificial Intelligence (AI) to help them bridge the
gap?
Traditionally, SMEs have lagged behind bigger enterprises in scale and resources and while
they are usually reluctant to embrace new technologies,...
Small and medium enterprises are often daunted by the costs of developing workplace
learning capabilities. A new centre is aiming to build best practices in workplace learning
amongst SMEs in Singapore by bridging the gap between jobs and skills. Over 1,000
companies, particularly smaller enterprises, will be benefited by the centre. Grants...
Small and medium businesses need to jump on to the mobile payments bandwagon in order
to gain a competitive edge over larger firms.
A recent survey conducted by US-based financial services corporation Visa, indicates that
customers worldwide prefer to pay with credit cards or mobile devices. According to the
survey titled Digital Transformations...
A FedEx Express study has revealed that small and medium-sized enterprises (SMEs) in
Singapore were top exporters by revenue in the Asia-Pacific last year.
Singapore’s SMEs generated an average annual exporting revenue of US$1.75 million
(S$2.38 million), ahead of the US$1.21 million average recorded across countries in the
Asia-Pacific.
Singapore also held the top...
Singapore’s MHA and Infocomm Media Development Authority (IMDA) are joining hands
to bring technology to small and medium security agencies helping them go digital. The
initiative will receive funds to the tune of S$9.54 million over the next few years. The
programme aims to support technology and innovation in the industry.
The launch...
