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Bite-Sized Innovation: Helping SMEs Scale with Confidence

Submitted by Jeslyn Chen on

[INSIGHTS FROM IPI'S LEADERSHIP TEAM]

By Michael Goh, CEO, IPI Singapore

 

SMEs form the backbone of Singapore’s economy, accounting for nearly all enterprises and a large share of employment. Many leaders know they must digitalise, innovate, and look beyond our shores, yet for most, the journey feels daunting. They ask themselves, “Where do I begin, and how do I avoid the risks?”

Navigating Singapore’s Carbon Tax: A Practical Guide for Businesses

Submitted by Jeslyn Chen on
  • Singapore’s carbon tax will rise from S$25 per tonne in 2024 to between S$50 and S$80 by 2030, making early decarbonisation planning essential for cost control. 

  • Businesses can offset up to 5% of their carbon tax using International Carbon Credits (ICCs) under the Carbon Pricing (Amendment) Act 2022.

  • Low-carbon technologies, such as carbon mineralisation, green concrete, and battery generators, offer practical pathways to reduce emissions and strengthen competitiveness. 

Legacy, Reimagined: How Multi-Generational Businesses Are Modernising Through Innovation

Submitted by Jeslyn Chen on

[TechInnovation Feature] Multi-generational businesses are transforming through innovation to remain relevant in a rapidly changing landscape. 


 

  • Legacy enterprises are modernising by rethinking longstanding practices and embedding innovation across their organisations 

  • Adapting to external market shifts is essential for growth and long-term relevance 

From Local Consistency to Global Credibility: How SMEs Can Scale with the Right Systems

Submitted by Jeslyn Chen on

Digitalisation and operational consistency are the building blocks for the successful international expansion of SMEs. Guided by Innovation Advisors and Tech Experts at IPI Singapore, these principles can be translated into actionable steps for SMEs looking to scale with clarity and confidence.

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