UK start-up builder says one in two young Singaporeans want to be an entrepreneur

SINGAPORE (Aug 19): Days after a survey by the World Economic Forum suggests that scarcely any youthful Singaporean wants to be an entrepreneur, another study seems to suggest otherwise.

A new survey by UK start-up builder Entrepreneur First found that one in two young Singaporeans say they are likely to set up their own company. This is mostly aligned to the youth in the UK, France and Germany, but far behind India, which saw 81.7% of its youth interested in entrepreneurship.

There are 'real' (non-rent-seeking) corporate heroes

SINGAPORE (Jan 28): Pretenders to the throne, please be seated. Last week, I wrote about some of our public- and private-sector successes in embracing technology and delivering quality services efficiently and effectively. This proves that Malaysians have the capability, given the right environment.


Business formation in Singapore expected to spike in 2H17: Hawksford

SINGAPORE (Sept 5): A total of 15,855 new businesses were formed in Singapore over the second quarter of 2017 alone, according to data from the Singapore Commercial Credit Bureau (SCCB) as presented in Hawksford Singapore’s latest research report, Singapore New Business Trends Report Q2 2017.

Although this figure represents a 1.5% and 10.1% decline in business formation q-o-q and y-o-y, respectively, the corporate services firm believes it signals an upswing in business sentiment, which it expects to continue well into the second half of the year.

At close to 200 years old, this company is seeking young blood

SINGAPORE (July 7): As one of Singapore’s oldest companies, Boustead Singapore has cycled through numerous businesses including commodity trading, tin smelting, shipping and the distribution of consumer goods.

The company has stayed in business since it was founded in 1828 thanks to its ability to constantly reinvent itself.

Today, it has three divisions: industrial real estate solutions, held through its 51% stake in its industrial property arm Boustead Projects; energy-related engineering; and geospatial technology.

8 Asia Pacific startups to disrupt the global food value chain

SINGAPORE (May 11): Eight pre-Series A startups involved in food technology (foodtech) and agriculture technology (agriculture) have been named as finalists in the inaugural edition of the Future Food Asia Award (FFAA).

As many as 100 startups applied for the award during the application period between Jan and April 2017, says Isabelle Decitre, CEO of awards organiser ID Capital. Her company is a boutique investment firm and consultancy that aims to help startups build sustainable food solutions.

Singapore retains title as most talent competitive country in Asia Pacific

SINGAPORE (April 18): For the fourth consecutive year, Singapore has retained its top spot in Asia Pacific in the Global Talent Competitiveness Index (GTCI) 2017, followed by Australia, New Zealand, Japan and Malaysia.  

The annual benchmarking report, which measures the ability of countries to compete for talent, was announced today during GTCI’s regional launch at INSEAD Asia campus in Singapore.

What’s holding Asia’s millennials back from unleashing their entrepreneurial spirit?

SINGAPORE (March 29): A higher proportion of employees across Singapore, Hong Kong and Malaysia (37%) are considering leaving their current job to start on their own business compared to the global average of 28%.

This is according to the latest research conducted by HR services firm Randstad Group based on data collected from the Workmonitor Mobility Index, which tracks employee confidence and captures expectations surrounding the likelihood of changing employers within a six-month time frame.

Two Singapore women chosen for EY Entrepreneurial Winning Women Asia-Pacific 2017

SINGAPORE (March 8): Global professional services firm EY has unveiled the 2017 class for the EY Entrepreneurial Winning Women Asia-Pacific programme, coinciding with this week’s celebration of International Women's Day.

Selected for this year's programme are 15 female business executives who lead their own organisations in Asia-Pacific, with Jill Ang and Helene Raudaschl representing Singapore.

Ang is managing director of fish, poultry and meat products manufacturer and distributor Ha Li Fa, which is best known for its household BoBo brand of fishballs and fishcakes.

Almost 1 in 2 Singaporeans would rather start their own business rather than find a job

SINGAPORE (Oct 20): 41% of Singaporeans plan to either start their own business or be self-employed in the next 10 years, higher than the global average of 36% according to a survey by GoDaddy.

Singtel calls on entrepreneurs, start-ups to make social impact

SINGAPORE (June 29): Singtel on Wednesday launched its Future Makers programme to help Singapore entrepreneurs and start-ups looking to make impactful changes to society.

Up to seven promising social impact start-ups will be chosen to join the six-month programme, and receive cash funding of up to $20,000 to help their ideas grow and scale their business.

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