SMEs need more help to kick-start digital journey
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Singapore
SMALL and medium enterprises (SMEs) need more help to get past the initial hurdle of embarking on digital transformation, said panellists at the KPMG Insights from the Inside: Singapore Budget 2019 discussion on Friday morning.
KPMG Singapore head of enterprise market Jonathan Ho noted a slow rate of technological adoption among SMEs, with the Automation Support Package for large-scale automation projects, for instance, having helped just 300 firms since its launch in Budget 2016. In Budget 2019, it was announced that this scheme would be extended for another two years beyond its original expiry date of March 31, 2019.
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