CNA938 Rewind - Business Adaptation Grant; How far can a $100,000 go?
Singapore will launch a new Business Adaptation Grant capped at $100,000 per company with a co-funding element in October. The grant will cover businesses that export to or operate in overseas markets and are affected by tariffs, as well as those which need help with reconfiguration costs, including logistics and inventory holding costs. Daniel Martin learns more from Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.