Enterprise 50 2022

For many small and medium enterprises, this year’s E50 theme, “Ready, Reset, Grow”, fully encapsulates their can-do spirit to transform for the better, even in the face of adversity.

Seizing opportunities in the face of adversity

IF there is one thing in common about the companies that received top accolades at this year’s Enterprise 50 (E50) Awards, it is probably the fact that they tend to view the Covid-19 pandemic not as a...

One in two “highly digital” companies sees growth of 5 per cent or more since Covid-19, while less digital enterprises see a decline in performance of about the same percentage, says OCBC head of middle market and services for global commercial banking Eric Ong.
ENTERPRISE 50 2022

Businesses must continue their digital trajectories to capitalise on growth

Digitally transforming a business for sustained growth has much to do with how adept SMEs can be at handling the new currency of digitalisation – data

Frank Chen, BR Metals' founder and managing director, wants to create a lasting legacy for the business.
ENTERPRISE 50 2022

BR Metals plans ahead to last into its golden years

On top of coming in first place at the Enterprise 50 2022 Awards, BR Metals has bagged the Internationalisation Award for its endeavour to turn trash to treasure in the region

Companies that hope to create a lasting business would do well to transform their business models amid the intense global competition, regardless of disruptions and geopolitical developments, says Chiu Wu Hong, partner and head of private enterprise at KPMG in Singapore.
ENTERPRISE 50 2022

Tough times can still be opportune times for transformation

Taking the necessary actions now can help companies emerge stronger and ahead of the pack, when entering the next phase of economic recovery.

Apro Asian Protection conducted a restructuring exercise in November last year in a bid to better tap on the strengths of its business components, but it has also brought about non-tangible benefits to the company in the longer run, says deputy managing director Li Xiaowen.
ENTERPRISE 50 2022

Bracing for the long term with innovation, staff development

The second runner-up of the Enterprise 50 2022 Awards takes a bottom-up approach to leadership, with over half its middle management starting out as security guards

Superworld chairman Johnson Chen says the pandemic had helped the company to one of its best results in 2021.
ENTERPRISE 50 2022

Nimbleness and backups power Superworld’s growth

SUPPLY chain disruptions, Covid-19 induced lockdowns and restrictions did little to dampen the growth of magnetic component producer Superworld Holdings over the past two years.

Vick Aggarwala, president and CEO of Supreme Components International
ENTERPRISE 50 2022

Growing despite pandemic challenges, global uncertainties

SUPREME Components International (SCI) and Sing Fuels – winners of the 10-year and five-year awards respectively in this year’s annual Enterprise 50 Awards – have both made exceptional strides to buil...

Tuas View Dormitory (above) is one of TS Group's seven purpose-built dormitory projects.
ENTERPRISE 50 2022

TS Group eyes business opportunities in supporting ‘underserved communities’

With years of experience operating foreign-worker dormitories in Singapore, the fifth-place winner is branching into eldercare next

Victor Yeap, managing director of Yeap Medical Supplies which owns retail chain Pharmex Healthcare, says the company hopes to develop more innovative and niche products, such as mobility devices and home care furniture under its Assure Medical brand, for the local market.
ENTERPRISE 50 2022

Yeap Medical Supplies aims for growth beyond the pandemic

As demand for Covid-19-related supplies tapers off, the runner-up of the Enterprise 50 2022 Awards hopes to refocus on other core product segments, to return to “sustainable revenue growth”

Minmed founder and CEO Eric Chiam has identified fitness and nutrition, as well as enhancing home care and hospital step-down care services, as key areas for growth, on top of ongoing GP care and health screening services.
ENTERPRISE 50 2022

National wellness drive could put Minmed Group in the pink

Following a bumper revenue in 2021, the Transformation Award winner wants to integrate healthcare and fitness, calling them two verticals of the same thing – ‘being well’