Trade relief in Singapore: Indian firms to gain from new adaptation grant; US tariffs push government to act

Singapore introduces a Business Adaptation Grant to aid local firms, especially SMEs, in navigating global tariff changes, including potential impacts from US trade measures. The grant, offering up to SGD 1,00,000 per company, aims to help businesses reassess supply chains and explore new markets. SICCI welcomes the initiative, pledging support to help Indian businesses access the funds.