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Small firms seek help to keep pace with AI transition

03:34 Min

Singapore’s small and medium enterprises (SMEs) are calling for more targeted support as the country advances towards an AI-driven economy. The Association of Small and Medium Enterprises says firms face challenges beyond training, including costs and transforming business models. While new initiatives such as a Tripartite Jobs Council aim to help workers adapt, concerns remain over a widening skills gap and whether SMEs can keep pace. Observers say tailored support will be key to ensuring no worker is left behind. Beatrice Yap reports. 

Singapore’s small and medium enterprises (SMEs) are calling for more targeted support as the country advances towards an AI-driven economy. The Association of Small and Medium Enterprises says firms face challenges beyond training, including costs and transforming business models. While new initiatives such as a Tripartite Jobs Council aim to help workers adapt, concerns remain over a widening skills gap and whether SMEs can keep pace. Observers say tailored support will be key to ensuring no worker is left behind. Beatrice Yap reports. 

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