Digitalisation and new investors can help Singapore firms grow abroad

Published Wed, Sep 8, 2021 · 07:27 PM

EMBRACING digitalisation and being willing to take capital from investors can be helpful for Singapore companies that are looking to grow into newer markets, said speakers at a conference on Wednesday.

It comes amid a need for Singapore companies to think about overseas expansion so as to capture new opportunities, as well as diversification benefits, as they reposition themselves for a post-pandemic world.

These were some points made by speakers and panellists on Wednesday, at the Directors' Conference organised by the Singapore Institute of Directors (SID).

Finance Minister Lawrence Wong said in a speech that businesses would need to adjust to the post-pandemic world, and that the winners would be those who have used the impetus of the cr…