Grants for SMEs, tax adjustments, digital transformation hot topics at Lianhe Zaobao Singapore Budget 2022 Business Forum

8 April 2022 

As guest of honour at the Lianhe Zaobao Singapore Budget 2022 Business Forum, Minister for Finance Mr Lawrence Wong encouraged SMEs to tap on the new Small Business Recovery Grant and other existing grants that offer support to businesses who were affected by Covid-19 restrictions over the past year.

The forum, conducted in Chinese, also discussed other key measures in this year’s Budget, including tax adjustments, migrant worker policies, sustainable development of SMEs, and digital transformation.

Now in its 7th year, the forum continues to be a distinguished event that offers local SMEs and other key decision makers a deeper understanding of the Budget and its implications on businesses. One of the Chinese daily’s key signature events, it also serves as a platform for attendees to discuss economic and business transformation with industry leaders.

Ms Lee Huay Leng, Editor-in-Chief of SPH Media Trust’s Chinese Media Group, moderated the forum’s dialogue panel, which consisted of:

  • Mr Lawrence Wong, Minister for Finance
  • Ms Low Yen Ling, Minister of State for Ministry of Culture, Community and Youth Ministry of Trade and Industry
  • Mr Kho Choon Keng, President, Singapore Chinese Chamber of Commerce & Industry
  • Mr Lim Ming Yan, Chairman, Singapore Business Federation  
  • Mr Kurt Wee, President, Association of Small & Medium Enterprises  
  • Mr Suan Teck Kin, Chief Economist, UOB

The hybrid event was attended by 55 guests at Capitol Theatre, while registered viewers watched the live broadcast on Zoom. In addition, thousands of viewers watched the recorded video on, Facebook and YouTube.

This is the third time the forum has been organised in a hybrid format, and the first time the forum was broadcast live on Zoom.  

UOB was the main sponsor of the event, and venue partners were Perennial and Capitol Theatre.

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