SMEs get help in demand side of business
99%SME campaign to use dedicated website, support videos, pledges to help drive business
Singapore
GIVEN that most policies aimed at small and medium enterprises (SMEs) are supply-side driven, Singapore Telecommunications (Singtel) and DBS Bank have decided to up the ante with their nationwide campaign, 99%SME, and address SME needs on both the supply and demand side.
SMEs have been provided with a lot of help to increase their productivity and manage their costs but engagement with SMEs has surfaced that they are more concerned about generating demand in the midst of an uncertain global economy, challenging operating environment, and growing pervasiveness of online businesses, said Bill Chang, chief executive officer, group enterprise, at Singtel.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
FLCT posts 1.1% lower H1 DPU of S$0.0348 on higher vacancies, expenses
ETF popularity poised to stay as investors flock to diversification, stability
Interests of OCBC and Great Eastern’s minority shareholders are fundamentally misaligned
Aims Apac Reit posts 10.2% lower H2 DPU on enlarged unit base
VinFast’s EV ambitions get a reality check as shares plunge 65%
Stocks to watch: FLCT, Paragon Reit, AA Reit, Lendlease Global Reit, Far East Orchard, SIA