Singapore SMEs Brace for Challenges

CNA reported that SMEs in Singapore are bracing for financial hurdles and funding challenges. The latest survey insights from the Singapore Business Federation reveal a growing number of companies foreseeing these challenges.

Lack of assistance, they argue, could hinder their growth, international expansion, automation initiatives, and aspirations for transitioning to sustainable operations.

Mr. Melvin Tan, our Vice-President, expressed his perspectives and insights regarding the persistent challenges confronting SMEs, along with potential strategies to transform them into favorable outcomes.

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