Singapore SMEs

New factory helps 133-year-old sauce maker Kwong Cheong Thye ramp up exports, sell more at home

The family-owned brand, now led by its fifth generation, is seeing rapidly growing overseas demand for its soya sauce

Under the new framework, the Republic aims to produce 20% of its fibre consumption by 2035 – covering leafy and fruited vegetables, bean sprouts and mushrooms.

Singapore’s revised food targets prioritise scalable, efficient production

Details on support schemes for farmers will be announced at MSE’s upcoming Committee of Supply debate

Apac is perceived as the next frontier for search fund growth, with observers citing its favourable demographics: baby-boomer business owners approaching retirement without successors.
BRUNCH

‘Search funds’ to buy SMEs spring up in the Asia-Pacific, but will they succeed?

Australia and Japan lead in successful acquisitions, while search funds are emerging elsewhere

Greenphyto founder and CEO Susan Chong (right) speaking during a tour of the farm. With her at its official opening are guest of honour President Tharman Shanmugaratnam (left), Minister of Sustainability and the Environment Grace Fu (second from left) and the ministry's Senior Minister of State Zaqy Mohamad (second from right); Senior Minister of State in the Prime Minister’s Office Desmond Tan is fifth from left.

Singapore food output gets S$80 million boost with opening of Greenphyto’s vertical farm, tallest in the world

With growing chambers at 23 metres tall, the facility has an output 45 times higher than traditional farming methods

Open Farm Community sits on a 35,000-sq-ft plot of land in Minden Road, bordering the Dempsey dining enclave.

Open Farm Community in Dempsey to close after 10 years

The home-grown urban farm and restaurant concept will hold its last day of service on Jan 11

Teck Soon Medical Hall second-generation leader Chow Khai Shui (left) with his daughter and third-generation owner Chow Chew Li. Teck Soon has four outlets across Singapore.

Teck Soon Medical Hall keeps traditional Chinese medicine relevant in the modern age

The 62-year-old family business eventually hopes to open a wellness experience centre offering massages and TCM treatments

The latest closures follow the shuttering of PizzaExpress Singapore's Holland Village outlet in January 2024.

PizzaExpress Singapore shuts Millenia Walk and Scotts Square outlets; two operating stores remain

The British pizza restaurant chain opened its first outlet in the Republic in 2016

Koufu Group chairman Pang Lim (left) says handing over the reins to Chua Sher Lin is part of a "long-term plan established years ago".

‘The timing is now right’: Koufu founder Pang Lim on handing over the reins to a new generation

Chua Sher Lin will lead the group in more M&As, which are a key growth strategy

Dim sum store owner Pierre Lim runs Her Feng Xiang, one of 15 participating SMEs at Sprout@AMK.

From sourdough bao to pet first aid: Heartland SMEs in Ang Mo Kio reimagine tradition

They are participants in Sprout@AMK, a 12-month pilot designed to help enterprises test new concepts before scaling up