Singapore’s SMEs are at a crossroads… Will they adapt to thrive or stick to what’s familiar?
In this episode of Man on a Mission Podcast, hosts Tammy and Adeline sit down with Ang Yuit, President of ASME (Association of Small and Medium Enterprises), to uncover strategies that can reshape the local SME landscape and overcome Singapore’s downward economy trend in 2025. They dive into:
- Why collaboration among SMEs is the key to thriving in global markets
- How trade tensions and foreign competition are reshaping opportunities for local businesses
- The critical role of enterprise value in building a sustainable future
- Leadership strategies to navigate the evolving business landscape
Ang Yuit also shares his mission to transform the SME economy by fostering partnerships and leveraging shared resources.
Could these insights be the missing piece for your business growth? Hit play to find out… and don’t forget to sign up for a FREE ASME membership to stay ahead in the game.
Registration to be an ASME member!
Membership: members.asme.org.sg/auth/register-lite
𝘗𝘴𝘴𝘴𝘵… 𝘸𝘦 𝘳𝘦𝘭𝘦𝘢𝘴𝘦 𝘦𝘱𝘪𝘴𝘰𝘥𝘦𝘴 𝘦𝘷𝘦𝘳𝘺 𝘸𝘦𝘦𝘬!
𝘕𝘦𝘹𝘵 𝘸𝘦𝘦𝘬, 𝘸𝘦’𝘳𝘦 𝘥𝘪𝘷𝘪𝘯𝘨 𝘪𝘯𝘵𝘰 𝘵𝘩𝘦 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘳𝘦𝘢𝘭𝘪𝘵𝘪𝘦𝘴 𝘵𝘩𝘢𝘵 𝘢𝘳𝘦 𝘴𝘩𝘢𝘬𝘪𝘯𝘨 𝘶𝘱 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘦𝘴 𝘪𝘯 2025. 𝘍𝘳𝘰𝘮 𝘰𝘶𝘵𝘥𝘢𝘵𝘦𝘥 𝘮𝘰𝘥𝘦𝘭𝘴 𝘴𝘵𝘳𝘶𝘨𝘨𝘭𝘪𝘯𝘨 𝘵𝘰 𝘬𝘦𝘦𝘱 𝘶𝘱, 𝘢𝘭𝘭 𝘵𝘩𝘦 𝘸𝘢𝘺 𝘵𝘰 𝘪𝘯𝘵𝘦𝘳𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘰𝘳𝘴 𝘥𝘪𝘴𝘳𝘶𝘱𝘵𝘪𝘯𝘨 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵. 𝘏𝘦𝘢𝘳 𝘗𝘰𝘥𝘤𝘢𝘴𝘵 𝘏𝘰𝘴𝘵 𝘛𝘢𝘮𝘮𝘺 𝘢𝘯𝘥 𝘈𝘥𝘦𝘭𝘪𝘯𝘦 𝘸𝘪𝘵𝘩 𝘎𝘶𝘦𝘴𝘵 𝘈𝘯𝘨 𝘠𝘶𝘪𝘵 𝘨𝘰 𝘰𝘯 𝘵𝘰 𝘶𝘯𝘤𝘰𝘷𝘦𝘳 𝘮𝘰𝘳𝘦 𝘨𝘢𝘮𝘦-𝘤𝘩𝘢𝘯𝘨𝘪𝘯𝘨 𝘪𝘯𝘴𝘪𝘨𝘩𝘵𝘴 𝘰𝘯 𝘵𝘩𝘦 𝘚𝘪𝘯𝘨𝘢𝘱𝘰𝘳𝘦 𝘮𝘢𝘳𝘬𝘦𝘵, 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘴𝘩𝘪𝘧𝘵𝘴, 𝘢𝘯𝘥 𝘩𝘰𝘸 𝘨𝘭𝘰𝘣𝘢𝘭 𝘭𝘰𝘨𝘪𝘴𝘵𝘪𝘤𝘴 𝘢𝘳𝘦 𝘴𝘦𝘯𝘥𝘪𝘯𝘨 𝘴𝘩𝘰𝘤𝘬𝘸𝘢𝘷𝘦𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘴𝘶𝘱𝘱𝘭𝘺 𝘤𝘩𝘢𝘪𝘯𝘴. 𝘋𝘰𝘯’𝘵 𝘮𝘪𝘴𝘴 𝘪𝘵!
Timestamps:
00:00 Leadership and Building Passion
05:03 SMEs: Pillars of Local Economy
07:18 Balancing Diverse Enterprise Needs
11:52 Economic Diversity in Sectors
15:37 "Years of Budget Involvement in Esme"
16:58 Budget Feedback and Economic Insight
23:02 Competitive Business Gateway
23:51 Competitive Local Economy Dynamics
26:50 Emerging Chinese Competition Concerns
30:58 "Local Business Owner's Giant Fears"
34:07 Intangible Value of Big Four Firms
39:32 Restructuring and Future Business Plans
42:04 Resource Reallocation Strategy
44:18 Challenges for SMEs in Expansion
48:57 "Challenges in Corporate Collaborations"
49:49 "Rethinking Project Collaboration Strategies"
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Contact our Guest Ang Yuit (ASME) 👇
ASME Website: asme.org.sg
ASME IG: asmesg
ASME LinkedIn: www.linkedin.com/company/sgasme/
Ang Yuit’s LinkedIn: www.linkedin.com/in/yuit-ang-001288/
Contact our Host Tammy Ng 👇
Instagram: ngtammyyy
TikTok: www.tiktok.com/@ngtammyyy
LinkedIn: www.linkedin.com/in/ngtammyyy/
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