Enterprise Singapore

Singapore’s oil product stocks hit over nine-month lows as US-Iran war cuts supply

[SINGAPORE] Oil product stocks in Asia’s oil hub Singapore hit their lowest in more than nine months after the US-Iran war curtailed Middle East crude and fuel exports, official data showed on Thursda...

Castlery co-founder Declan Ee intends to take a “measured” approach to offline expansion in the US, given the evolving global developments and ongoing geopolitical tensions.

Castlery to open first US store in New York, targets 8 to 12 stores in key global cities by 2029

To mitigate the impact of US tariffs, the furniture brand has diversified its supply chain, while expanding into the UK and Canada

Senior Minister of State for Trade and Industry Low Yen Ling says businesses  need only submit a single application under the combined grant framework.
SINGAPORE BUDGET 2026

Budget 2026: New consolidated Edge grant to streamline funding application process for SMEs

Existing support schemes will also be enhanced to help more Singapore businesses capture overseas and domestic growth

EnterpriseSG chairman Lee Chuan Teck notes that the scale of transformative projects in 2025 have shrunk, as smaller companies were careful about embarking on initiatives that require large investments and capital expenditures.

Singapore firms could grow revenue by S$12.3 billion with EnterpriseSG support in 2025, down from 2024

10,000 skilled jobs are also expected to be created through transformative projects undertaken by 2,400 companies last year

The contract from Taiwan's National Academy of Marine Research marks Marco Polo Shipyard's largest-ever win.

Cathay United Bank grants Marco Polo Marine unit long-tenor facility for NT$4.7 billion research vessel project

The group previously said it would finance the project through internal cashflows and not require any project-specific debt

Flora Lee, managing director of Millennium 3 Building Products, says one of the comments she received from a judge in the 2024 E50 awards was to consider expanding the company overseas.
ENTERPRISE 50 AWARDS

Taking growth overseas: Millennium 3 builds on E50 lessons to expand abroad

The raised-flooring specialist is fifth in this year’s Enterprise 50 awards, its best showing yet

The drive for efficiency spurred Keystone Cable to join EnterpriseSG's Scale-Up programme, says Derek Zhu (pictured), one of Keystone’s three directors who oversees operations and finance.

How Keystone Cable wired up to keep its products ‘Made in Singapore’

For the electrical cable maker, transformation begins with understanding itself 

South Africa’s trade in goods with Singapore reached US$1.4 billion in 2024, nearly double 2020 levels.

Singapore firms eye South Africa amid shake-up in global trade

Enterprise Singapore aims to connect participating firms with South African partners across sectors

Two new programmes are expected to support over 1,000 F&B businesses over the next two years, EnterpriseSG said.

EnterpriseSG to help 1,000 F&B businesses cut costs with centralised preparation, better processes

New initiatives amid mounting operational pressures also aimed at boosting efficiency