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Firms seek funds, labour to beef up tech: SBF

Barriers to business innovation include need to retrain staff, availability of suitably-skilled workers and cost of technology: SBF survey

Annabeth Leow

Published Thu, Jan 17, 2019 · 09:50 PM

Singapore Business Federation

Singapore

COMPANIES here want help with both funds and skilled labour to beef up their technology, said Singapore Business Federation (SBF) chief executive Ho Meng Kit.

Support for new, critical technology topped the wish list for the upcoming Singapore Budget, according to the latest edition of the SBF's National Business Survey. This was the case for both large companies and small and medium-sized enterprises (SMEs).

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