Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Canadian wildfire smoke turns air hazardous in the US Midwest. Officials say stay inside

    Michigan Men’s Basketball Announces 2026-27 Big Ten Opponents

    Google increases capex forecast again after cloud-driven earnings beat

    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest VKontakte
    Sg Latest NewsSg Latest News
    • Home
    • Politics
    • Business
    • Technology
    • Entertainment
    • Health
    • Sports
    Sg Latest NewsSg Latest News
    Home»Business»NTUC launches initiative with industry partners to provide greater support for SMEs
    Business

    NTUC launches initiative with industry partners to provide greater support for SMEs

    AdminBy AdminNo Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    These firms and their workers can tap transformation schemes, grants and job redesign assistance, among others

    [SINGAPORE] The labour movement is partnering industry groups to help small and medium-sized enterprises (SMEs), via the new National Trades Union Congress (NTUC) SME Partners Multiplier Programme.

    Launched on Thursday (Sep 11), the initiative brings together various collaborators – such as industry associations, trade bodies and business clans – to help connect SME members and their workers with NTUC programmes and support.

    Known as “Multipliers”, the participating organisations include the Singapore Furniture Industries Council, Singapore Manufacturing Federation, Singapore Building Materials Suppliers’ Association and LIN Chamber of Commerce.

    For participating SMEs, the programme offers access to capability-building and transformation initiatives under the NTUC Company Training Committee (CTC) framework.

    Firms can tap the NTUC CTC grant to fund up to 70 per cent of costs for projects related to workforce and business transformation.

    Additional support includes job redesign assistance, training grants for skills upgrading, and human capital advisory to improve workplace practices. “These will translate to better work prospects and better workplaces for SME workers,” said NTUC.

    To help more workers access training and upskilling opportunities, the Multipliers will leverage their community reach. In return, they gain official recognition from NTUC SME Partners as well as access to certain resources, including co-funding for joint initiatives such as capability-building workshops and business transformation clinics.

    Beyond direct support, the programme aims to strengthen the representation of SME voices on a national level. The Multipliers will serve as a channel for ground-level insights that can inform NTUC’s efforts in shaping labour policies and training incentives.

    “In this way, the programme not only delivers tangible benefits for workers and businesses, but also contributes to shaping the SME sector through (a) collective industry voice, ensuring that the unique challenges faced by SME workers and employers are heard and addressed,” said NTUC.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    European Union gives OK to Paramount and Warner’s mega merger with some conditions

    ChatGPT’s medical advice nearly killed a Florida man, lawsuit against OpenAI claims

    Crime gangs snare more than US$88 billion in scams in Asia-Pacific, UN says

    HP Inc’s AI solutions and services-led growth

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Most Impressive Team Streaks Of The 21st Century: Where Does 2024-26 Spain Rank?

    NBC’s ‘Stumble’ is a mockumentary about a cheer team with plenty of tumbling runs and heart

    Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns

    Judge reverses Trump administration’s cuts of billions of dollars to Harvard University

    Top Reviews
    9.1

    Review: Mi 10 Mobile with Qualcomm Snapdragon 870 Mobile Platform

    By Admin
    8.9

    Comparison of Mobile Phone Providers: 4G Connectivity & Speed

    By Admin
    8.9

    Which LED Lights for Nail Salon Safe? Comparison of Major Brands

    By Admin
    Sg Latest News
    Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
    • Get In Touch
    © 2026 SglatestNews. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.