Announced on 18 February 2019, Budget 2019 contained initiatives to help businesses stay competitive and seize regional opportunities by embracing technology and upgrading their workforce capabilities. In addition to newly-minted schemes, Scale-Up SG and Innovation Agents, more established initiatives such as Go Digital and the Automation Support Package received additional funding and an extended shelf life. As the Singapore government's efforts to restructure the economy continue apace, plenty of support is available to help companies adapt and thrive.
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For more information, please contact our Singapore partner, Marcus Chow.