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Singapore Budget 2019: Simplifying schemes for SMEs a key focus - industry watchers

But the cost issue that such firms are facing right now is a "huge problem", they add

Published Mon, Feb 18, 2019 · 09:50 PM

Singapore

MORE support for small and medium-sized enterprises (SMEs) to deepen capabilities and scale up were doled out in Budget 2019 as expected on Monday, as part of the government's ongoing efforts to transform businesses.

But instead of the introduction of eye-catching new initiatives, the emphasis this time was on consolidating, simplifying and extending current schemes - heeding earlier calls by businesses for an easier process to get the help they need.

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