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Budget measures can help SMEs raise their game

SMEs' use of government help schemes fell last year. There may be a need to exercise flexibility in the handing out of these grants and helplines.

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A 2019 survey found that SMEs know the importance of adopting a digital strategy, but many are held back by a lack of understanding of the process.

Faced with global trade and geopolitical tensions, economic slowdown and uncertainties from the novel coronavirus outbreak, local small-and medium-sized enterprises (SMEs) are finding it increasingly difficult to stay profitable and competitive. With limited financial resources and weaker access...