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STRAIGHT TO YOUR INBOX

Fridays: Hottest updates on the local SME scene to wrap up your week.

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Enterprise 50
ENTERPRISE 50

Applications open for Enterprise 50 Awards 2026 nominations

This year’s theme is ‘Future-Proofing Growth Through Innovation’

E50 winners, guest of honour, Josephine Teo, Minister for Digital Development and Information (front row, eighth from left); organisers and sponsor of the E50 gala event, gathering at the end of the evening’s programme. The 31st edition of the Enterprise 50 (E50) Awards at Resorts World Convention Centre on Nov 24, 2025. 
Singapore

Twelve Cupcakes staff to recover part of unpaid salaries from end-March: F&B union

The Food, Drinks and Allied Workers Union says it has been assisting affected members since October 2025

Twelve Cupcakes outlet at Chinatown Point taken on Oct 30, 2025. Home-grown confectionery chain Twelve Cupcakes has ceased operations after being placed under provisional liquidation on Oct 29, according to a notice on the homepage of its website. It did not elaborate on the reasons for its closure.
SGSME

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

Declan Ee, Co-Founder, Castlery
Companies & Markets

IMDA to boost AI adoption among Singapore enterprises with new bootcamp

The programme will be run with Boston Consulting Group and EY-Parthenon, with plans to partner with more firms

SGSME

Singapore’s ‘trust premium’ gives SMEs the edge overseas

Speakers at the BT Budget Roundtable say that companies must take a deliberate approach to overseas expansion

TAKE NOTE: Embargoed till Mar 19. The Business Times Budget Roundtable 2026: Jeffrey Siow, Acting Minister for Transport, Senior Minister of State for Finance and Co-Chair of the Economic Strategy Review Committee.