Singapore online businesses tackling challenges in new markets

Singapore, alongside Hong Kong, had 88 per cent of online businesses selling to more than just their home market, ahead of other countries like France, China and Japan.
Singapore, alongside Hong Kong, had 88 per cent of online businesses selling to more than just their home market, ahead of other countries like France, China and Japan.ST PHOTO: KUA CHEE SIONG

It will come as no surprise that Singapore's limited market size has made local start-ups the regional leaders when it comes to venturing into new markets.

But as a new survey shows, that sense of adventure can also hit major hurdles when it comes up against foreign business cultures, different payment systems and regulations.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on January 18, 2019, with the headline 'S'pore online businesses tackling challenges in new markets'. Subscribe