Tag: SMEs

Credit Counselling Singapore launches program to aid debt-ridden SMEs

According to the Credit Counselling Singapore (CCS), there are 351 small and medium-sized enterprises (SMEs) in Singapore who have not only struggled financially to stay afloat but have actually had to borrow sizable sums of money. Because of this, CCS launched the Enterprise Credit Counselling...

IP fund: What about the risks?

By Kumaran Pillai Singapore-based companies can now collateralise their Intellectual Properties to gain access to debt financing from the three local banks here. At an event organised by the Intellectual Property Office of Singapore on April 8,  the government unveiled the new scheme with the setting...

Two entrepreneurs in Overdrive

By Shaun Poon Aston Chia, 31, and Zen Chin, 39, are examples of how entrepreneurs with different personalities can come together and make their common interests profitable. Their business is Covexis, which operates Overdrive, a vehicle tracking service that connects with smartphones to vehicles and reports...