Welcome!
small and medium enterprises (SMEs)
Budget 2024
Small-sized businesses desire support post-rate hike while medium-sized businesses continue to fight inflation: UOB
Compared to 2023, less businesses were prepared for this year's GST rate hike.
February 14, 2024
Cybersecurity
Singtel launches one-stop cyber security resilience programme for SMEs
Singtel launches the Cyber Elevate Programme to help improve cyber security resilience in SMEs.
September 20, 2023
Positioning for the recovery
Xero's cloud accounting platform helps SMEs track their finances
As cash flow problems are the number one reason why SMEs fail, having true visibility over cash flow data is hugely advantageous.
December 24, 2020
Singapore economy
Reopening Singapore Inc a balancing act
On April 15, the director general of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, made two Twitter postings that are crucial for the resumption of economic activity. His tweets listed the observance of six condit
May 08, 2020
Covid-19
Business optimism among SMEs tumbles to all-time low amid virus uncertainties
“These are unprecedented times for the business community. We’re facing one of the worst outbreaks in history, unprecedented border closures of entire countries and growing uncertainty in the global financial markets,” says SBF CEO Ho Meng Kit.
April 02, 2020
Deals, joint ventures & alliances
Synagie inks deal with China's Weimob to help Southeast Asian SMEs penetrate China's e-commerce market
SINGAPORE (June 10): Synagie Corporation, the e-commerce enabler, announced that it has signed an agreement with a wholly-owned subsidiary of Weimob to offer its integrated cross-border e-commerce and advertising solutions that will help SMEs in Southeast
June 10, 2019
Disruption and Digitalisation
DBS helps SMEs in the retail and F&B sectors reduce cost of managing cash
SINGAPORE (June 4): DBS says that digital transactions from its SME customers have increased by 70%, while transaction value has increased by 25%, since the bank launched DBS MAX, Singapore’s first mobile-based QR payment collection solution four months
June 04, 2019
Startups, Entrepreneurs, Digital economy
Validus secures over $20 mil in oversubscribed series B funding
SINGAPORE (Feb 25): Validus Capital, a Singapore-based SME financing platform, has raised $20.5 million in its oversubscribed Series B funding round.
February 25, 2019
Budget 2019
Singapore unveils more support for local firms to grow
SINGAPORE (Feb 18): Finance Minister Heng Swee Keat in the Budget 2019 speech on Monday announced measures to support start-ups and enable firms to grow, amid a push to build deep enterprise capabilities.
February 18, 2019
Budget 2019
80% of SMEs expect more incentives at Budget 2019 to help cope with business challenges: DBS poll
SINGAPORE (Feb 15): Some eight in 10 small and medium enterprises (SMEs) in Singapore are expecting the government to announce more incentives at Budget 2019 to help support business growth amid a challenging economic environment.
February 15, 2019