Singapore SMEs

Many are pulling the reins on increasing costs to remain competitive

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

Singapore Budget 2026 targets critical gaps in AI and internationalisation to scale local firms for the long haul

Expanded support lowers barriers to adoption, but scaling will depend on guidance and workforce readiness

A key way for SMEs to adapt to higher costs is to offshore parts of their operations, say industry observers

The initiatives will alleviate cost pressures that businesses face, say observers

The missions will focus on four sectors – advanced manufacturing, finance, healthcare and connectivity

Navigating a more fractured trade environment requires a closer partnership between policy, capital and corporate enterprise

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