Supporting businesses for growth with Singapore Budget 2024

In line with the budget announcements on 16 February, we have curated a series of insights to help keep you posted about how you can leverage on budget measures to propel your business. 

Building business resiliency with Budget 2024
Hear from Koh Kar Siong, Group Head of Corporate and SME Banking, as he shares his thoughts about the budget measures and how local businesses can leverage budget measures as well as DBS’ suite of initiatives to navigate the business landscape and seize opportunities for growth. Read the article here.

Singapore Budget 2024: Support for the long haul
Budget 2024 focuses on lifting Singapore’s capabilities and build buffers amid global uncertainties. The priority is to remain attractive, ride emerging trends and enhance human capital. Read here for insights on by Chua Han Teng, CFA, Economist, DBS Group Research. 

SMEs hope to receive financial support amidst rising costs ahead of Budget 2024: DBS Survey 
In our latest DBS Pulse Check Survey, 42% of SMEs has cited rising cost of business as their top business concern for the year, and unsurprisingly, majority of SMEs surveyed hoped to receive financial support to help them mitigate the rising business costs. Read here to find out more about the top business priorities, concerns and support SMEs hope to see from Budget 2024. 
 

Budget 2024 for Businesses 
Deputy Prime Minister and Minister for Finance Lawrence Wong has announced the budget on 16 February, with a slew of budget measures to help businesses manage rising costs, enhance competitiveness as well as to accelerate their sustainability plans. Here is a snapshot of the budget measures that businesses can leverage on.

For more business support, check out DBS Government Assisted Schemes and initiatives, Start Digital and SME Skills Booster.