Some Singapore Firms Could Go on ‘Life Support Mode’ Amid Crippling US Tariffs, Says SME Association

Some Singapore firms could go on ‘life support mode’ amid crippling US tariffs, says SME association

The Association of Small and Medium Enterprises is calling for more government support to help SMEs enter new markets and integrate into a bigger supply chain network.

SME Association warns some Singapore firms could enter ‘life support mode’ as US tariff pause nears end

The Independent Singapore News SINGAPORE: Some Singapore firms could go into “life support mode” once the 90-day pause on sweeping U.S. tariffs announced by U.S. President Donald Trump in April ends, Channel News Asia (CNA) reported, citing the Association of Small and Medium Enterprises (ASME). The association also said that some firms are already shelving their expansion plans amid […] The post SME Association warns some Singapore firms could…

Over 80% of Singapore companies expect US tariffs to hurt business

SINGAPORE: More than 80 per cent of Singapore companies expect US tariffs to hurt their business over the next six months, a new survey has found. In response, the Singapore Business Federation (SBF) has introduced a new guide aimed at helping companies – especially small and medium-sized enterprises (SMEs) – navigate the growing uncertainty. The […] The post Over 80% of Singapore companies expect US tariffs to hurt business appeared first on Th…

Over a third of businesses in Singapore already hurting from tariff pain; 9 in 10 expect ripple effects soon: SBF poll

Over one-third of businesses in Singapore are already hurting from the global tariff war, with almost 90 per cent expecting to feel its fallout within the next six months.