Paige Lim

Paige Lim

CORRESPONDENT

Paige Lim is a correspondent at The Business Times. She covers small and medium-sized enterprises (SMEs) and macroeconomics, with a focus on F&B and retail. She also contributes to the monthly Barfly column, which profiles home-grown craft cocktail bars. 

The new self-diagnostic artificial intelligence tool  will be launched together with the revamped MySkillsFuture portal by the second quarter of 2026 .
SINGAPORE BUDGET 2026

Budget 2026: New SME AI Skills Launchpad to help businesses elevate AI awareness, adopt solutions

A new self-diagnostic tool will also be launched to help workers assess their AI readiness level and training needs

Senior Minister of State for Trade and Industry Low Yen Ling said XXX
SINGAPORE BUDGET 2026

Budget 2026: New consolidated Edge grant to streamline funding application process for SMEs

Existing support schemes will also be enhanced to help more Singapore businesses capture overseas and domestic growth

Minister-in-charge of energy and science and technology Tan See Leng said the new Decarbonisation Research, Innovation and Enterprise (RIE) Grand Challenge
SINGAPORE BUDGET 2026

Budget 2026: New S$800 million decarbonisation challenge to support research and innovation in low-carbon technologies

There will also be a new programme under it that develops promising solutions into commercially deployable ones to serve Singapore's climate goals 

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Economists expect global AI tailwinds to sustain through H1 2026, as Singapore’s factory output rises 16.6% in January

Factory output was driven by a surge in electronics manufacturing, which more than doubled from the previous month

From left: Lam Kee Fisheries' business development manager Royston Chew; his father and managing director Chew Kim Koon; and general manager Sam Tan.

Lam Kee Fisheries casts net further in Middle East, S-E Asia

The longstanding family business aims to boost business-to-consumer sales through retail brand Snow Treasures

Chen Ze Ling, DBS’ group head for corporate and SME banking,
SINGAPORE BUDGET 2026

Budget 2026 repositions SMEs for long-term tough environment: DBS

The bank’s group head for corporate and SME banking highlighted AI, internationalisation, workforce transformation and financing as four key areas the government...

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Singapore’s key exports up 9.3% in January, fuelled by electronics shipments on strong AI demand

Non-oil domestic exports to all but two of the Republic’s top 10 markets grow

At Sofitel Singapore City Centre’s Racines Restaurant, the majority of its reunion dinner reservations were made six to eight weeks ahead of CNY, compared to four to six weeks in 2025.

Hotels, restaurants see stronger CNY dining demand, as reunion dinner bookings stream in earlier

While diners are gravitating towards premium experiences, corporates seem more budget-conscious this year

Driving the increase in total expenditure is the Ministry of Trade and Industry, whose outlay in FY2026 is expected to rise by S$4.5 billion – or 68.5 per cent – to S$11.1 billion.
SINGAPORE BUDGET 2026

Singapore expects smaller S$8.5 billion surplus in FY2026

Though estimated expenditure outstrips revenue, net investment returns contribution more than makes up for the shortfall

ST20260202-202694000680-Lim Yaohui-pixgeneric/ Generic photograph of Marina Bay Financial Centre in the Central Business District, including HSBC, DBS and Standard Chartered Singapore as seen from LAVO Italian Restaurant And Rooftop Bar at level 57 of Marina Bay Sands Tower 1 on Feb 2, 2026. Can be used for stories on money, population, property, land, commercial, office, invest, budget, income, bank, finance, financial, CBD, URA, population, economy, and development. (ST PHOTO: LIM YAOHUI)
SINGAPORE BUDGET 2026

Budget 2026 may give firms more targeted, strategic support to navigate global uncertainty

Observers say AI adoption will be a major focus of this year’s Budget, alongside renewed emphasis on internationalisation and sustainability