Singapore stepping up efforts to help SMEs be future-ready: Tan See Leng

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Singapore is stepping up efforts to ensure small and medium-sized enterprises are future-ready. Companies can look forward to getting help to develop capabilities, venture overseas, digitalise and innovate. The Partnerships for Capability Transformation (PACT) scheme has been extended for another year until March 2023. Singapore will also double its efforts to support SMEs access overseas markets. Last year, 1,600 local companies ventured abroad, despite COVID-19 restrictions.

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