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small and medium-sized enterprises (SMEs)
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.
October 15, 2020
Startups, Entrepreneurs, Digital economy
MAS and financial institutions extend loan repayment support for individuals and SMEs till 2021
The extension in support measures will progressively expire over 2021.
October 05, 2020
Singapore economy
Facebook to give $4.75 mil in grants to Singaporean businesses
Applications are open from September 16 to 22.
September 16, 2020
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.
August 14, 2020
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.
June 25, 2020
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.
June 05, 2020
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
May 29, 2020
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
May 22, 2020
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.
May 05, 2020
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
April 17, 2020