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The $107 billion Budget 2021: Echoing the sentiments of SMEs

Budget 2021 was a blockbuster budget that kept its eye firmly on the future even as it aims to help Singapore recover from its recent past. Deputy Prime Minister and Finance Minister Heng Swee Keat announced a raft of new measures to help companies transit into life beyond Covid-19.

As Covid-19 lingers, SMEs are looking towards a stronger recovery in 2022

Businesses that have been hit hard by COVID-19 are now cautiously optimistic for a recovery starting this year and into the next. Mr. Mervyn Koh, Managing Director and Country Head, of Business Banking Singapore, UOB, shares about SME perspectives for 2021 and discusses how businesses can future-proof themselves as they chart their own path to recovery.

Understand the risks of import/export trade and how to manage them

In recent years, Singapore’s trade activities have faced some headwinds from geopolitical uncertainties, as well as the unprecedented impact of the COVID-19 pandemic. Thus, it is important for SMEs to be aware of the available trade financing solutions, so as to better manage cash flow and cross-border trading risks.

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