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From left: Lam Kee Fisheries' business development manager Royston Chew; his father and managing director Chew Kim Koon; and general manager Sam Tan.

Lam Kee Fisheries casts net further in Middle East and S-E Asia, eyes ready-to-cook food market at home

The longstanding family business aims to boost business-to-consumer sales through retail brand Snow Treasures

Chen Ze Ling, DBS’ group head for corporate and SME banking, says the Budget's AI-related initiatives relieve the constraints SMEs face in scaling up AI adoption and integration.
SINGAPORE BUDGET 2026

Budget 2026 repositions SMEs for long-term tough environment: DBS

The bank’s group head for corporate and SME banking highlighted AI, internationalisation, workforce transformation and financing as four key areas the government wants SMEs to build capabilities in

The government has been strengthening measures to enhance workers’ career resilience and support career transitions, says Senior Minister of State for Manpower Koh Poh Koon.

S$10 billion invested in workforce initiatives over past five years: MOM

Long-term unemployment rate for PMETs remains within the range observed during non-recessionary periods

Singapore Logistics Association chairman Dave Ng said that the trade body has organised three missions to the JS-SEZ involving more than 170 participants. A fourth mission is slated for August.

Singapore logistics body inks MOUs to tap JS-SEZ, boost sustainability and digital push

Among the agreements are two to anchor cross-border logistics cooperation

To help SMEs navigate recent challenges, Asme president Ang Yuit says the government can assist firms in understanding the legal frameworks arising from the new tariffs.

Singapore SMEs brace for choppy trade waters as US tariffs rise to 15%

Sustained investment in R&D would enable companies to ‘create foundational values rather than just value-add’, says Asme president

Ricky Lin, founder and CEO of Life3 Biotech, says the facility is intended to reflect Life3’s broader positioning beyond production, as well as its identity as a “social enterprise at heart”.

AI-powered microalgae hub to anchor Life3 Biotech’s position in sustainable proteins

Facility slated for completion in the fourth quarter of 2026 will house AI-driven bioreactors and a new visitor centre

CNY 2026

Retailers say neigh to price hikes in the Year of the Horse

Many are pulling the reins on increasing costs to remain competitive

At Sofitel Singapore City Centre’s Racines Restaurant, the majority of its reunion dinner reservations were made six to eight weeks ahead of CNY, compared with four to six weeks in 2025.

Hotels, restaurants see stronger CNY dining demand, as reunion dinner bookings stream in earlier

While diners are gravitating towards premium experiences, corporates seem more budget-conscious this year

From January 2027, new EP applicants outside the financial services sector will face a higher qualifying salary of S$6,000, up from S$5,600.
SINGAPORE BUDGET 2026

Budget 2026: SMEs unlikely to face sharp cost increases from EP, S Pass salary hikes, but offshoring interest may grow

A key way for SMEs to adapt to higher costs is to offshore parts of their operations, say industry observers

DBS says its survey findings point to a strategic shift among businesses towards diversifying revenue streams and markets.

8 in 10 SMEs plan overseas expansion in 2026 despite market volatility: DBS survey

Reaching new customers and building a stronger presence abroad are the primary drivers

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