Forums on tackling crisis
Companies can get tips on how to manage manpower and business costs. -ST
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S.Korean banks see record credit risk with SMEs
Index measuring how banks rate the credit risk of SMEs hit a record 59 in the first quarter. -Reuters
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F&B sector urged to retrain, not retrench
Series of forums organised to help tackle manpower issues caused by economic slowdown.
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Indian software boss quits, admits faking US$1b in profits
Satyam scandal raises questions about corporate governance. -Reuters, ST |
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Video: Fraud scandal - computer boss quits
Head of the Indian outsourcing firm Satyam Computer Services has resigned after admitting profits had been falsely inflated for years. -Reuters
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Surge in smaller firms seeking loans from banks
DBS says applications under govt-backed initiative up by 3 times. |
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Satyam scandal will feed fears
Outsourcer's founder inflated balances by $1.5b; case will shake confidence in Indian market. -Reuters
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Dark day for Indian business
The Satyam fraud will further erode belief in the Indian model of capitalism. |
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Bars battling for business
Nightspots slash prices to entice party-goers to keep on drinking amid the recession.
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Satyam scandal rattles confidence in accounting Big Four
Firms sometimes fast-track their fresh graduates beyond their professional levels. -Reuters |
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Soft loans for grads to go into business
Malaysian university grads may be offered loans without the need for guarantors or collateral. -ST
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SCCCI to tap Govt aid
It held its first briefing on the Skills Programme for Upgrading Resilience for 120 company representatives. -ST
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Spring clears way for more loan applications
SMEs to get free help with financing strategies.
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Help in applying for govt-backed loans
SMEs can get advice and aid from scheme before presenting case. |
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Show us the money
F1's come and gone, but benefits have not trickled down say some businesses. -TNP
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Risk-averse banks put SMEs in a spot
Firms find it harder to get the credit needed to ride out downturn. |
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Asian companies cut back on Lunar New Year celebrations
Lavish parties, generous cash and gift bonuses called off. -Reuters
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SCCCI helps SMEs tap govt aid
Chamber provides forum for companies to find out more about skill upgrading programme. |
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Spring has designs on branding
Enterprise unit to raise standards in furniture sector and hone local talent.
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Repay $56.6m, OCBC warns Jurong Tech
OCBC asks for full outstanding amount, and will be entitled to winding-up proceedings if troubled firm fails to pay. |
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More SMEs delaying payment to suppliers
New data shows 41% of bills were not paid on time in fourth quarter.
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Small building jobs restored to help SMEs
Government will also speed up payments to firms for work done. |
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Squeezed between high rent and poor sales
Retailers feel the pain, the hardest hit being those who signed leases during booming 2007. -ST
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More firms closing down
First annual increase recorded in shutdowns since 2002 dot.com bust. -ST |
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Day surgery centres shut; docs want money back
Companies folded due to high operating costs and slow business. -ST
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Help available for technology innovation
Smes can greatly benefit SPRING's TIP that offers help on innovative technology usage. |
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Undertakers waive fees for needy families
They are seeing more families turn to them for help. -myp
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Singapore printers join forces
They band together to fill orders and seek ways to cut costs and boost sales. -myp |
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Salons see sharp cut in business
Customary visit to hairdressers cut from CNY this year as economy contracts. -NST
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Help companies weather storm, sharpen competitiveness
The government will help companies who are sound, innovative and willing to take opportunities during this economically-difficult period to help their own business. -AsiaOne
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Laid off? Be your own boss
Filipinos who lost their jobs abroad return home and get govt aid in starting a business. -ST
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Copyright fees paid to several bodies: St James
Fees paid to many different bodies to allow operations. -ST |
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Big and small firms welcome loan initiatives
The onus now is on banks to start lending, they say.
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SBI opens Ang Mo Kio branch
India's biggest bank opens fourth branch in Singapore. -tabla! |
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S'poreans see good catch in fresh fish
The demand for fish in Singapore far outstrips what local fish farms can produce. -myp
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Holcim will remain in Philippines, despite temporary shutdowns
Cement manufacturer says it has no plans to cease operations in the Philippines. -AFP
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Higher rental rebates will help companies
Business owner Chua Tian Beng shares on the effects of the recession on his Lunar New Year and how the Budget package helps him.
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M'sia SMEs see big drop in exports in Q4
SMEs in Malaysia saw a 60% drop in exports in the last quarter of 2008. -The Star/ANN
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Humble milkfish reels in big bucks for local farms
Price of the fish has more than doubled in the last two years. -myp
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Indian IT bosses look to cast off Satyam's shadow
Firms are looking to build up reputation damaged by biggest ever IT scandal in India. -AFP
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Food stalls go for trademark protection
More smaller enterprises taking up intellectual property protection to safeguard their brand. -ST
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Business China inks pacts to help locals further strengthen ties with mainland
Agreement aimed at giving Singaporeans a wider selection of programmes and activities to better understand China. |
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Merchant Solutions targets SMEs
Point-of-sale firm supplies SMEs with equipment to accept different modes of payment.
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Malaysian banks seek legal help on loans
Banks seeking expertise of lawyers to train staff in recovery and liquidation procedures. |
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Singapore lions & dragons from Malaysia
Made-in-Malaysia dragons and lions find ready markets overseas. -Sin Chew Daily
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