SINGAPORE - With a challenging business environment marked by higher costs, some MPs called for greater support to help small and medium-sized enterprises (SMEs) up their game in worker training and talent retention. Read more at straitstimes.com.
SINGAPORE - With a challenging business environment marked by higher costs, some MPs called for greater support to help small and medium-sized enterprises up their game in worker training and talent retention.additional $150 million to be set aside for the SME Co-Investment Fund
He said: “If indeed Budget 2023 is being rated by many as an A grade for families and individuals, I suppose SMEs would score this Budget as a B or even a C!” Pointing out that some SMEs struggle to find what works best for their business needs, Mr Wee appealed for more help to link SMEs with the right schemes. He noted that some chambers of commerce and business associations already assist SMEs with their applications, and asked if they could themselves receive a boost in support.
Labour MP Patrick Tay said SMEs should get help improving their human resource standards so that their policies foster a fair, inclusive and safe workplace with a level playing field between local and foreign workers.
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