Singapore to roll out new business grant in Oct to help firms cope with US tariffs

Mihaela Chircă

To help Singapore companies adapt to new US tariffs, the government will launch a new business grant in October. Capped at S$100,000, the Business Adaptation Grant will be offered to firms over a period of two years. Support measures will also be offered to workers to help them navigate through a longer period of uncertainty and volatility. Since April, the Singapore Economic Resilience Taskforce has engaged over 3,000 stakeholders, including business leaders, unionists and new graduates.

Singapore to roll out business grants in October amid Trump tariff pressures https://www.channelnewsasia.com/ - 10.07.2025 02:00

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Singapore to roll out business grants in October amid Trump tariff pressures https://www.channelnewsasia.com/ - 10.07.2025 02:00