The honourees for this year were selected through a rigorous evaluation process, taking into account factors such as financial performance, strategic initiatives, market competitiveness, and sustainable business practices.
Baker Tilly Singapore served as the official auditor of the Golden Bull Award, ensuring transparency and integrity in the process, and The Edge Singapore is credited as the program’s official media partner.
The Golden Bull Award covers four markets across the region including mainland China, Malaysia, Singapore, and Taiwan, making this the largest recognition programme for SMEs in the region for business excellence.
The Golden Bull Award is divided into three categories: Emerging SMEs, Outstanding SMEs, and the coveted Super Golden Bull Award.
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List of winners of the Golden Bull Award 2023
Super Golden Bull category
1. Busways
2. Golden Insurance Brokers
3. Iso Tank Management
4. Sam Lain Equipment Services
Outstanding SMEs category
5. 1Cloudstar
6. Abba OL
7. Absotech
8. Ambiq Micro Singapore
9. Chew's Agriculture
10. CUCKOO International
11. De Art Studio
12. Gates PCM Integrated Services
13. Hospitality Resource Solutions
14. I Design & Build
15. Lock+Store
16. Pepper Dreams
17. Skywave
18. Skywave Solutions
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Emerging SMEs category
19. SC Coaching Asia
20. The Muscle Remedy
Concurrently, two companies received the Digital Transformation Awards, a subcategory of the Golden Bull Award to recognise their exceptional achievements in leveraging digital technologies to fuel growth, improve customer experiences, streamline operations and maintain a competitive edge. The two winners are Golden Insurance Brokers and ISO Tank Management.
"While the high standards that we uphold for The Golden Bull have remained unchanged, the market and economic environment in Singapore has certainly become more complex and challenging. Therefore, to be successful in today’s environment, an entrepreneur needs to be agile and resilient, on top of having the business acumen and deep industry knowledge”, says organising chairman and managing director of Audience Analytics William Ng.