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ED 52 (Nov-Dec 2013)

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MESSAGE FROM<br />

THE EXCUTIVE<br />

DIRECTOR<br />

The Final Leg<br />

of the Race<br />

<strong>ED</strong>ITORIAL TEAM<br />

Interim Executive Director<br />

Ang Yuit<br />

Advisor<br />

Thomas Fernandez<br />

As fast as it began, <strong>2013</strong> is coming to an end.<br />

It has been an eventful year, to say the least, with numerous issues and<br />

challenges faced by our local small and medium enterprises (SMEs). For<br />

some, it has been one trial after another with new developments in the<br />

business landscape landing on their laps when they are not even out of<br />

the woods.<br />

The message has been clear: Successfully adapting to new business<br />

realities has become a survival imperative. As daunting and somewhat<br />

harsh as it may sound, our local businesses have managed to pick<br />

themselves up, relook at their internal business processes and then<br />

formulate new ideas and strategies for the long run. Like our nation, the<br />

SMEs of Singapore have shown to be very resilient.<br />

We have just unveiled the Top Entrepreneurs for the 25th Entrepreneur of<br />

the Year Award. The oldest business Award for entrepreneurship, these<br />

12 outstanding individuals have showcased the very spirit and meaning of<br />

enterprise, surging ahead with innovative new ideas while still remaining<br />

true to the community. I am certain that they will go further in their industry,<br />

the EYA a platform to springboard their enterprises to greater heights.<br />

The Singapore Prestige Brand Award <strong>2013</strong> has also honoured the<br />

amazing brands that have managed to transcend all manner of business<br />

challenges. They are detailed in the accompanying Winners’ Special in<br />

this issue of the Entrepreneurs’ Digest, please take some time to look at<br />

some of our outstanding local brands.<br />

We are at the end of <strong>2013</strong>, let us look forward to a brand new year of new<br />

ideas and insights!<br />

Merry Christmas and a Happy New!<br />

Yours through service,<br />

Ang Yuit<br />

Interim Executive Director<br />

Editor<br />

James Tan<br />

[corpcomms@asme.org.sg]<br />

Sub-Editors<br />

Justin Shen<br />

Eunice Choy<br />

Writer<br />

Rachelle Tan<br />

Advertising<br />

Celine Sim<br />

Luann Leong<br />

Joey Cheng<br />

[sales@asme.org.sg]<br />

Design & Printing<br />

SC (Sang Choy) International Pte Ltd<br />

Publisher<br />

Association of Small and Medium Enterprises (ASME)<br />

Contributors<br />

Alain Fairweather<br />

Robert Chew<br />

Edith Tay<br />

Jeff Hurmuses<br />

Jessie Quek<br />

Leonora Roccisano<br />

Stephen Ho<br />

Nathaniel Ong<br />

MayBank Singapore Great Eastern Life<br />

Inland Revenue Authority of Singapore<br />

DISCLAIMER<br />

The comments and views expressed in Entrepreneurs’<br />

Digest do not necessarily reect the comments and views<br />

of the Publisher. This publication is intended to encourage,<br />

motivate and assist readers with regards to entrepreneurship<br />

and the associated. It is however, not a substitute for and<br />

should not be relied on as if it were professional advice on<br />

entrepreneurship, law, accounting or any other aspects<br />

of business. The Publisher expressly disclaims all liability<br />

for loss, damage or expense suffered or sustained by any<br />

person, body or corporation arising directly or indirectly from<br />

action as a result of the material in this publication. Any and all<br />

reliance on material therein shall be at the readers’ own risk.<br />

COPYRIGHT<br />

All rights reserved. No part of this publication may be<br />

reproduced, stored in a retrieval system or transmitted in any<br />

form or by any means, electronic, mechanical, photocopying,<br />

recording or otherwise without prior permission of the copyright<br />

owner of the Publisher © Association of Small and Medium<br />

Enterprises, 167 Jalan Bukit Merah Tower 4, #03-13 Singapore<br />

150167. Tel (65) 6513-0388 Fax: (65) 6513-0399 MICA (P) NO<br />

137/09/<strong>2013</strong> ISSN: 1793-0286 Printed by SC International.<br />

NOV DEC <strong>2013</strong><br />

ENTREPRENEURS’ DIGEST<br />

3

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