Previous Next
Business Times

Firms seek funds, labour to beef up tech: SBF

Companies here want help with both funds and skilled labour to beef up their technology, said Singapore Business Federation (SBF) chief executive Ho Meng Kit. Support for new, critical technology topped the wish list for the upcoming Singapore Budget, according to the latest edition of the SBF's National Business Survey. This was the case for both large companies and small and medium-sized enterprises (SMEs). Some 63 per cent of respondents picked such aid as a priority overall, with another 49 per cent asking for support with digital transformation. The SBF survey, which was conducted by Blackbox Research, polled 705 companies between Sept 19 and Dec 7 last year. The bulk of responses - 88 per cent - came from SMEs. For more on this story, click here.