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SINGAPORE BUDGET 2019

Helping SMEs' long-term growth

The govt seeks to help build expertise and scale long-term - from startups to growth companies

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The government can consider streamlining the various existing schemes for SMEs into one that is targeted at startups and smaller SMEs below a certain turnover. As with any transformation, there are invariably challenges but also new opportunities.

SMALL and medium enterprises (SMEs) seeking short-term measures to relieve upward cost pressures or labour market challenges might have come away disappointed from the Budget 2019 announcement. While no short-term fixes were announced, Budget 2019 pushes on the journey of transformation with a

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