Committee of Supply 2026 debate, Day 1: Lee Hong Chuang on support for SMEs
With the budget surplus, the key is in how the government can strengthen business confidence to support the upgrading and transformation of small- and medium-sized businesses (SMEs) while reserving buffers for potential future risks. MP Lee Hong Chuang said this in parliament on Thursday (Feb 26). He asked the government for two clarifications, including how it will replenish reserves and maintain fiscal discipline, while also increasing support for SMEs for transformation, digitalisation and internationalisation.
With the budget surplus, the key is in how the government can strengthen business confidence to support the upgrading and transformation of small- and medium-sized businesses (SMEs) while reserving buffers for potential future risks. MP Lee Hong Chuang said this in parliament on Thursday (Feb 26). He asked the government for two clarifications, including how it will replenish reserves and maintain fiscal discipline, while also increasing support for SMEs for transformation, digitalisation and internationalisation.
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