Small and medium businesses (SMEs) made up 70 per cent of the employed workforce in 2020. They makeup 99 per cent of enterprises in the country and bring a healthy 43 per cent of the total nominal value-added of S$428 billion (US$322 billion).  Even with their significant contributions to the...

It wasn’t uncommon to hear passing news of a small business shutting down in 2018, or 2019. Yet as of March 2020, news like this became uncomfortably frequent. The COVID-19 pandemic became a catalyst that forced SMEs globally to do one of two things; adapt to new business landscapes or become...