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

BUDGET 2025 could help Singapore’s small and medium-sized enterprises (SMEs) with more funding for training, streamlined digitalisation grants, and greater flexibility in heading overseas, suggested the Association of Small and Medium Enterprises (Asme).

On Feb 18, Finance Minister Lawrence Wong will deliver his first Budget speech since becoming prime minister in May 2024. Ahead of this, Asme submitted 21 recommendations to the government in November, across five areas.

One area was human capital, with suggestions to help companies support older workers – by funding health checkups, for example – and parents.