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SMEs need more liquidity, access to digital solutions: SBF

Among panel's suggestions: a one-stop digital trade platform and more support from the Loan Insurance Scheme

Published Tue, Jan 21, 2020 · 09:50 PM

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    Singapore

    THE Singapore Business Federation (SBF) SME Committee on Tuesday called for increased liquidity and greater access to digital solutions in the upcoming Budget 2020 to help small- and medium-sized enterprises (SMEs) better position themselves for the global economy's next upswing.

    "Our businesses are increasingly aware of the importance of innovation and transformation, as reflected in the latest SBF National Business Survey," said SBF chief executive Ho Meng Kit.

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