Small companies concerned about various government incentive schemes.

By bne IntelliNews March 20, 2013
Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by, the meeting conducted by the Association of Small and Medium Enterprises (ASME), the small-and-medium enterprises (SMEs) discussed the complexities of the various schemes, as well as how fast they could get their money approved under the Productivity and Innovation Credit scheme. The government expects to reduce the dependence on foreign workers, but this issue was not directly raised at the ASME conference.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

China expected to strengthen ties with India.

China's President announced a five-point formula, so as to improve relations with India. As reported by The Economic Times, Xi Jinping, the President, stated that the ties with India are amongst ... more