small and medium enterprises (SMEs)

In print this week

Growing with support, not a crutch

SINGAPORE (Feb 11): National budgets support growth. In Singapore, much has been allocated to small and medium-size enterprises (SMEs), and all signs are pointing to even more to come in this year’s Budget as businesses struggle with the challenges of s

Startups, Entrepreneurs, Digital economy

IMDA, Singtel, DBS launch new 99%SME platform to strengthen SMEs' omni-channel capabilities

SINGAPORE (Jan 11): The Infocomm Media Development Authority (IMDA), Singtel and DBS today jointly announced that they have launched a new 99%SME e-commerce platform to help small and medium enterprises (SMEs) merchants easily adopt digital technologies a

Hong Leong Finance posts 41.7% increase in 2Q earnings to $29.6 mil

SINGAPORE (Aug 12): Hong Leong Finance reported 2Q18 earnings increased by 41.7% to $29.6 million, compared to $20.9 million.

In print this week

Tuple Tech start-up brings AI as a service to SMEs

SINGAPORE (Mar 29): What if businesses could have a software predict their customer’s behaviour and take action based on pre-defined instructions? Such is the promise of artificial intelligence (AI).

Singapore Budget

SMEs unfazed by impending GST hike, says DBS

SINGAPORE (Mar 1): The impending GST hike from 7% to 9% in 2021 was a major news point from the recent flurry of Budget-related news. However, a survey of SMEs by DBS shows that three out of four of these local companies are unfazed with the potentially h

Tech

Asean SMEs signal intention to invest more in tech to boost business

SINGAPORE (Feb 12): Small and medium enterprises (SMEs) in Singapore and the Asean region see the need to invest more in technology in order to succeed under increasingly challenging conditions, according to a study shared today by United Overseas Bank (U
Funding Societies co-founders Reynold Wijaya (left) and Kelvin Teo

Fintech

P2P lending platform Funding Societies hits $100 mil in crowdfunded loans

SINGAPORE (Jan 23): Peer-to-peer lending platform Funding Societies announced Tuesday that it has surpassed $100 million in total crowdfunded loans for small and medium enterprises (SMEs) across Singapore, Indonesia and Malaysia.

Fintech

DBS, Xero launch industry-first online payments solution for SMEs

SINGAPORE (Jan 23): Like many small and medium enterprises (SMEs) owners in Singapore, Keyis Ng, CEO and co-founder of specialty coffee start-up Cafebond.com, finds himself bogged down tedious administrative processes when it comes to tracking bill paymen

Management & Corporate Governance

SMEs experience less manpower concerns as they focus on business growth

SINGAPORE (Nov 20): Manpower issues among small and medium enterprises (SMEs) have eased as they have been adjusting their business models and improving productivity by investing in technology and streamlining their processes, according to the 2017 SME De

Startups, Entrepreneurs, Digital economy

IE bands together 3 SMEs to help firms win e-commerce projects in Southeast Asia

SINGAPORE (Nov 9): International Enterprise (IE) Singapore has brought together three small medium enterprises (SMEs) in logistics, payments and platforms to capture the growing e-commerce market in Southeast Asia through integrating their e-commerce solu
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