More support for 'high-growth' enterprises to scale up
CFE report offers ideas such as the twinning of big and small firms, and for better access to financing and to encourage digitalisation
Singapore
STRENGTHENING the capabilities of enterprises to innovate and scale up was a major theme in the Committee on the Future Economy (CFE) report, which sets out Singapore's economic direction for the next five to 10 years.
Minister for Trade and Industry (MTI) S Iswaran, who co-chairs the 30-strong CFE, emphasised that developing such capabilities for local enterprises is key to sustaining Singapore's economic growth.
One recommendation of the CFE is to provide "high-growth" enterprises with more customised support so they can take wing overseas and emerge as leaders in their fields.
In response to further queries by The Busi…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
India central bank cannot let its inflation guard down just yet, MPC minutes show
China’s Jan-March foreign investment inflows down 26%
South Korea government offers first compromise to end doctors' strike
Japanese AI tool predicts when recruits will quit jobs
India votes in gigantic election dominated by jobs, Hindu pride and Modi
Britain’s retail sales disappoint in sign of lacklustre recovery