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.

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.

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.

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

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.

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.

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.

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

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.

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.
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