Singapore, 3 April 2025 – Nominations for the 31st Enterprise 50 (E50) Awards, jointly organised by The Business Times (BT) and KPMG in Singapore, are open from now until 30 June 2025.

Themed “Building a Resilient Nation: Enterprises as Pillars of Progress”, the Awards aim to celebrate enterprises that are shaping the future of business and striving resiliently to create meaningful impact.

In conjunction with the launch of the Awards, BT and KPMG in Singapore co-hosted a virtual fireside chat which focused on how enterprises can leverage innovation to build resilience. The fireside chat was moderated by Mr Dylan Tan, Memberships Editor, BT, and featured Mr Richard Eu, Group Chairman, Eu Yan Sang International.

Established in 1995, the E50 Awards recognise the 50 most innovative and competitive local privately held companies which have contributed to Singapore’s economic development, both locally and abroad.

The 31st edition of the E50 Awards is sponsored by OCBC and supported by Enterprise Singapore, the Singapore Business Federation and the SGX Group.

Ms Chen Huifen, Editor of The Business Times, said, “We are undergoing tumultuous times and many Singapore companies will be navigating the new world order as they chart their future growth. We are looking for privately-owned firms that are fast-growing, innovative and thriving. Use the E50 Awards platform as a sounding board as you are assessed by a diverse panel, or as a rallying force to encourage staff to strive for excellence. In turn, we hope that the winners we identify will inspire other entrepreneurs and businesses and contribute to Singapore's economic growth.”

Mr Chiu Wu Hong, Partner and Head of Private Enterprise at KPMG in Singapore, said, “Innovation is not just about staying ahead—it’s about building enterprises that can lead with purpose, seize opportunities and create exceptional value in an increasingly complex global environment. Geopolitical and economic uncertainties amplify the importance of bold transformation and a clear value differentiation strategy to maintain relevance and drive growth. This year, the E50 Awards will recognise businesses that exemplify forward-thinking leadership, define distinctive value propositions and actively shape Singapore’s economic future with sustainable impact.”

Interested companies can apply  at https://www.businesstimes.com.sg/events-awards/enterprise-50/how-to-apply. More information on the Awards can be found at the E50 website: http://bt.sg/e50.

For more information, please contact:

Vernice Eu
External Communications
SPH Media
Email: verniceeu@sph.com.sg

Prisca Ang
Associate Manager, Corporate Affairs
KPMG in Singapore
Email: priscaang@kpmg.com.sg

Jeanie Lee
Director, Head of Communications and Corporate Affairs
KPMG in Singapore
Email: jeanielee@kpmg.com.sg

About the Enterprise 50 Awards

The Enterprise 50 Awards was launched in 1995 to identify, support, recognise and reward enterprising privately-owned, local companies across all sectors. Since then, it has become a definitive list of the 50 most enterprising, privately-held local companies in Singapore.

The E50 Awards is jointly organised by KPMG in Singapore and The Business Times, and sponsored by OCBC. Supporters of the awards include Enterprise Singapore, the Singapore Business Federation and Singapore Exchange.

Every year, applicants of the E50 Awards are evaluated and ranked using both quantitative and qualitative criteria. Quantitative factors include financial performance indicators such as operating profit before tax, turnover and profit growth. The qualitative criteria include management and marketing strategies such as the applicants’ business models, innovations, management ideals, governance, market branding and overall potential. For more information, please visit www.enterprise50.org.

About SPH Media

SPH Media is a leading media group, with operations in the publishing of newspapers, magazines, and books in both print and digital editions. It also owns and operates other businesses such as radio stations and outdoor media. The mission of SPH Media is to be the trusted source of news on Singapore and Asia, to represent the communities that make up Singapore, and to connect them to the world. The businesses are held by SPH Media Trust, a public company limited by guarantee. For more information on SPH Media, please visit www.sph.com.sg, and our social media channels on Facebook, Instagram, LinkedIn, and YouTube.

About The Business Times

Singapore's only financial daily, The Business Times (BT), is the authoritative guide on local, regional and international business markets. In addition to corporate news and commentary, BT covers the startup, wealth, property, lifestyle and SME scenes, and tells you what you need to know about Asean and the world. It also has a young audience initiative known as Thrive. BT is part of SPH Media. For more information, please visit bt.sg.

Facebook: https://www.facebook.com/thebusinesstimes/
LinkedIn: https://www.linkedin.com/showcase/the-business-times
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About KPMG in Singapore

KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 142 countries and territories with more than 275,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

For more details about our structure, please visit kpmg.com/governance.
For more information, visit kpmg.com.sg
LinkedIn: linkedin.com/company/kpmg-singapore

About OCBC

We are the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. We have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney.

We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). With more than 400 branches and offices in Singapore, Malaysia, Indonesia, Vietnam and Thailand, as well as Mainland China, Hong Kong SAR, Macau SAR and Taiwan, OCBC is well-equipped to support your regional aspirations with our deep local knowledge – be it growing your personal wealth or capturing business opportunities – for now, and beyond.

We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

About Enterprise Singapore

Enterprise Singapore is the government agency championing enterprise development. The agency works with committed companies to build capabilities, innovate and internationalise. It also supports the growth of Singapore as a hub for global trading and startups, and builds trust in Singapore’s products and services through quality and standards.

Visit www.enterprisesg.gov.sg for more information.

About Singapore Business Federation

Singapore Business Federation (SBF) is the apex business chamber with over 32,000 members across diverse industries. With a vision to advance Singapore towards a globally competitive and sustainable economy, SBF mobilises the business community to be future-ready and magnify transformation opportunities through policy advocacy, partnership platforms and capability programmes.

For more information, please visit www.sbf.org.sg.

About Singapore Exchange (SGX Group)

SGX Group seeks to serve as the world’s most trusted and efficient international marketplace, operating equity, fixed income, currency and commodity markets to the highest regulatory standards. As one ecosystem with global relevance and influence, we offer multiple growth avenues to our stakeholders through listing, trading, clearing, settlement, depository, data and index services. We are committed to lead on climate action by developing a world-class transition financing and trading hub through SGX FIRST (Future in Reshaping Sustainability Together), our multi-asset sustainability platform. Headquartered in AAA-rated Singapore, we are globally recognised for our risk-management and clearing capabilities.

Find out more at www.sgxgroup.com.

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