- Singapore introduces a Business Adaptation Grant offering up to S\$100,000 per applicant to counter global trade pressures.
- The grant targets export-driven and manufacturing firms to help adapt to tariffs and supply chain disruptions.
- SMEs receive higher co-funding support and access to workforce upskilling programs.
- Administered by Enterprise Singapore, the scheme focuses on market diversification and operational realignment.
- The initiative aims to boost long-term trade resilience and preempt economic shocks.