Record number of SMEs to collapse in 2025

[True Believer]

SMEs lack the financial muscle and economies of scale that multinationals possess. As such, they face far more stringent credit guidelines from banks to fuel their expansion. The EDB and Enterprise S'pore may assist by developing local private sector businesses to contribute to supply chains. The govt has instead invited Indian companies to come in to compete with local SMEs.

 

[True Believer]

Apart from establishing even more protocols which restrict the way SMEs may operate when collaborating with one another, the Government must ensure a level-playing field of support for small businesses by giving them the resources to get up to speed. CECA is not helping SMEs in any conceivable way.

 

[mojito]

Don't say collapse. They have achieved financial freedom. Freedom from debtors. Freedom from stress. Majulah!

 

[True Believer]

Don't say collapse. They have achieved financial freedom. Freedom from debtors. Freedom from stress. Majulah!

It is like the Govt claiming it is "honest" when thy are overpaid. Any thief would stop stealing if the vaults are opened and large amounts of money deposited into their bank accounts every month. That doesn't make them honest.

 

[WangChuk]

No need to worry about SMEs collapsing in 2025 .... PAP erection will prop the SMEs up .... tahan 2025 at least ....

 

[50000]

SMEs are the biggest source of employment for Malaysians in Shitgapore

SMEs are also the biggest source of employment for 45years and above singaporeans. a lot more will be out of work when these SMEs starts dropping

 

[zhihau]

SMEs are also the biggest source of employment for 45years and above singaporeans. a lot more will be out of work when these SMEs starts dropping

More turning to Grab?

 

[batman1]

More turning to Grab?

Many taxis on standby in the parking lot waiting for them.

 

[nabeifuckpap]

SMEs are also the biggest source of employment for 45years and above singaporeans. a lot more will be out of work when these SMEs starts dropping

Sounds like those motherfuckers at Fuckwarezone and Reddit

 

[jw5]

Many people want to be the boss, but few have the capability or the resources to do so.