ASME

SINGAPORE BUDGET 2026

SMEs unlikely to face sharp cost increases from EP, S Pass salary hikes, but offshoring interest may grow

SME leaders note that clearer carbon tax guidance and the ability to pay for AI tools on a fractional basis could help businesses manage costs.

SMEs ‘screaming for help’, panellists say, as they urge Budget support on costs and overseas push

Deeper automation and AI deployment could mean fewer workers are needed in some firms, particularly at the entry level.

ESR’s push for AI welcomed by observers, but they say it could put the heat on fresh grads

Ang Yuit has been elected for a second term as Asme president.

Asme launches programme to help SMEs form strategic partnerships; expands market access initiatives to Asia

Besides aiding SMEs, the centre will collect data on real-world AI use cases and user challenges. This material will be used to shape future AI initiatives and policies.

Free AI workshops, resources for SMEs at new AI Centre of Excellence

Asme president Ang Yuit, speaking at the AI Festival Asia 2025, says more initiatives are coming up this year, which will be announced in due time.

Asme partners ITE, two polytechnics to help SMEs build AI capabilities

Asme president Ang Yuit says Internationalisation remains a key challenge for smaller SMEs.
SINGAPORE BUDGET 2025

More funding for training, digitalisation among Asme’s Budget 2025 proposals

Temasek Polytechnic principal and chief executive Peter Lam (left) and ASME president Ang Yuit. The two parties will work together to advance sustainability efforts among SMEs.

ASME inks MOU with Temasek Poly to help SMEs build sustainability capabilities

The four-day work week may work in some sectors but might not suit smaller firms or industries with round-the-clock operations.

Singapore businesses doubt recent survey findings on employers’ openness to a four-day work week

The Fed started hiking rates in March 2022, with ripple effects on markets and the economy around the world.
FED DECISION

Impending Fed rate cut offers Singapore firms silver lining amid cloud of global uncertainties