Singapore Budget 2018: Highlights for SMEs

By myBusiness team

Singapore Finance Minister Heng Swee Keat announced a string of policies to help SMEs expand, innovate and remain competitive. He also introduced several prudent measures to ensure Singapore's continued growth.

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Digitising HR functions to cut costs, not corners

Small businesses can benefit from digitising basic HR functions by moving to the cloud and creating a centralised system for leaves and claims -- the most paper-intensive task for enterprises.

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What is “Phygital” and how is relevant for small business?

The blending of physical and digital user experiences for ‘phygital’ isn’t just an excuse to create another marketing buzzword. It’s a way for small businesses to align their digital and real work operations.

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SME Reactions to Budget 2018

The 2018 budget is a roadmap for Singapore's growth over the next decade. It focuses on helping SMEs expand, innovate and transform. But it features several prudent measures that might raise business costs. 

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Why should Small Businesses embrace e-invoicing?

It was announced in the recent Singapore Budget 2018 that a new national electronic invoicing (e-invoicing) framework will be introduced so businesses can process payments more efficiently.

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