small and medium-sized enterprises (SMEs)

Singapore, Germany sign MOU to speed up SMEs' industrial and digital transformation - THE EDGE SINGAPORE

Disruption and Digitalisation

Singapore, Germany sign MOU to speed up SMEs' industrial and digital transformation

Germany ranks among Singapore’s top trading partners in the European Union.

Singapore economy

Facebook to give $4.75 mil in grants to Singaporean businesses

Applications are open from September 16 to 22.

Disruption and Digitalisation

APAC SMEs well-positioned to adapt to remote working environment: SAP, Oxford Economics

61% of APAC SMEs surveyed created remote work set-ups for employees during this period, while 69% invested in IT and collaboration solutions to support remote access, as well as online learning.

Zest

Hong Leong Finance supports SMEs with loan campaigns to help manage cash flow and mitigate Covid-19 impact, to reopen selected branches in Phase 2

Hong Leong Finance (HLF) on Tuesday launched its Business Loans Campaign. The campaign aims to reach out to more small-medium enterprises (SMEs) to enable them with solutions to manage cash flow and mitigate the overall impact from the Covid-19 crisis.

Startups, Entrepreneurs, Digital economy

Only 30% of SMEs flagging cash flow concerns, compared to over 70% in February, according to DBS survey

Only three in 10, or 30% of small and medium-sized enterprises (SMEs) are now flagging cash flow concerns as a top priority, compared to over 70% of SMEs in February, during the early days of Covid-19, according to the DBS SME Pulse Check Survey.

Debt and defaults

Debt danger lurks in Covid-19 shadow

More companies in danger of default given higher leverage, weaker balance sheets and greater risk of liquidity crunch amid the pandemic

Issues that matter

SME tenants band together to demand better terms from 'cartel' of landlords

SME tenants band together to demand better terms from ‘cartel’ of landlords

Zest

UOB loans $4 bil to mid-sized enterprises affected by Covid-19

The loans were extended to UOB’s mid-sized clients in sectors that have suffered damaging impact from Covid-19.

Deals, joint ventures & alliances

Zico Holdings joins forces with Yamada Consulting Group to fund Asean SMEs

SINGAPORE (Apr 17): The Covid-19 pandemic has rattled global markets and investor sentiments worldwide in a manner similar to the Global Financial Crisis in 2008 and Dotcom bust in the 1990s. But for Chew Seng Kok, managing director of Kuala Lumpur-based
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