small and medium enterprises (SMEs)

Deals, JVs and 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

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

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.

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 capabi

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

In print this week

Growing with support, not a crutch

SINGAPORE (Feb 11): National budgets support growth.

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

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?

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.

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