EDB now wearing more hats

Singapore

THE Singapore Economic Development Board (EDB) will be doing more of what its name says, in addition to what it has been doing mostly all this while.

Apart from selling Singapore as a hot spot for investments - which has appeared to be EDB's main job so far - the Board would stress more on helping companies here to become more competitive, its chairman Beh Swan Gin said at a press conference on Monday. He said EDB would also work with key players here to create new businesses to generate economic growth and jobs.