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small medium enterprises (SMEs)
Singapore economy
Why local SMEs prefer to stay put in Singapore over international expansion
SINGAPORE (Jan 29): Small medium enterprises (SMEs) in Singapore appear to display an appalling lack of interest in taking their businesses beyond the city state, according to QBE’s annual survey of more than 400 local SME business leaders.
January 29, 2018
Singapore Budget
Six items on Deloitte's wish list for Budget 2018
SINGAPORE (Jan 5): With Minister for Finance Heng Swee Keat to deliver this year’s Budget Statement in Parliament on Feb 19, Deloitte has released its wishlist for Budget 2018.
January 05, 2018
DBS launches 15-year regional general insurance distribution partnership with Chubb
SINGAPORE (Jan 2): DBS Bank and Chubb, the world’s largest publicly-traded property & casualty insurance company, have launched a 15-year regional general insurance distribution partnership agreement in Singapore, Hong Kong, China and Taiwan.
January 02, 2018
Singapore economy
Delayed payments from customers remains key challenge for SMEs: SPRING survey
SINGAPORE (Dec 18): Managing delays in customer payments remains as a key finance-related challenge for Singapore's small-medium enterprises (SMEs) even with easy access to debt financing, according to recent findings from the 2017 SME Financing Surv
December 18, 2017
Singapore Fintech Festival 2017
StarHub & Prudential to launch SME-focused digital trade platform in 2018
SINGAPORE (Nov 15): StarHub and Prudential have established a partnership to jointly launch a blockchain-based digital trade platform for small medium enterprises (SMEs), Fasttrack Trade (FTT), in 1Q18.
November 15, 2017
Startups, Entrepreneurs, Digital economy
What's keeping local SMEs from obtaining business financing?
SINGAPORE (Oct 4): A majority of small medium enterprises (SMEs) in Singapore are unlikely to qualify for business financing, according to recent data from Linkflow Capital.
October 04, 2017
Startups, Entrepreneurs, Digital economy
IMDA to collaborate with local telcos and banks for SME Go Digital programme
SINGAPORE (Aug 16): The Infocomm and Media Development Authority of Singapore (IMDA) today signed seven memoranda of intent (MoIs) with Singtel, M1, StarHub, DBS, OCBC, UOB and Hong Leong Finance under IMDA’s SMEs Go Digital programme.
August 16, 2017
Fintech
DBS launches new online service for SMEs with Xero tie-up
SINGAPORE (Aug 1): DBS has partnered New Zealand cloud accounting platform Xero to launch an API-driven bank feed integration service with the aim of providing the bank’s small medium enterprise (SME) customers a better grasp of their cash flow with
August 01, 2017
Broker's Calls
Potential risks keep UOB at ‘hold’ despite strong 1Q17 results
SINGAPORE (May 2): CIMB Research and OCBC Investment Research have reiterated their “hold” calls on UOB Bank, raising their respective target price and fair value estimates to $21.20 from $20.37 and $21.66 from $20.55 previously.
May 02, 2017
Tech
3 tech trends to change SME growth in 2017 and beyond
SINGAPORE (March 24): Using technology creatively to manage the business back-end can enable even the smallest start-ups to compete on the regional and even the global stage.
March 24, 2017