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ASET (2016/2017)

ASET (2016/2017) - EP2

24 Min

By Suria Published: 27 Apr 2016 Audio: Malay

Neighbourhood shops have served the needs of the HDB dwellers since the early days. They exist in many forms - from provision shops, hair salons to coffee shops. However, with rising affluence and changing demographic mix, fewer shoppers are patronizing these HDB shops. As a result, many shop owners have lamented over their declining business. HDB has introduced the Revitalisation of Shops (ROS) Scheme since 2007 to help the neighbourhood shops enhance their business through upgrading works and co - fund promotional events. While upgrading of infrastructure is important, these shop owners also need a helping hand in running their business. In November last year, SME Centre@SMCCI has started a pilot programme in collaboration with Temasek Polytechnic and Tampines West Merchant’s Association to look into improving productivity and profitability for businesses in the Tampines West neighbourhood. What are some of their efforts in improving sustainability for the businesses there ? How forthcoming are the shop owners in accepting new ideas on how to run their business ? ASET finds out.

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