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Trade associations get S$90m funding boost

Published Tue, May 10, 2016 · 09:50 PM

Singapore

OVER the next five years, around S$90 million of government funds will be set aside for trade associations and chambers (TACs) to support their efforts to drive industry transformation in Singapore.

This is a 20 per cent increase from the S$75 million that was carved out for the Local Enterprise and Association Development (LEAD) programme in 2011. The initiative is jointly managed by International Enterprise (IE) Singapore and Spring Singapore, and is designed to help TACs undertake projects specific to evolving sectoral needs.

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Singapore

Trade associations get S$90m funding boost

Economy & Policy

Singapore must prepare for slower growth at higher costs: MAS

Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29

Singapore factory output reverses into negative territory in March, down 9.2%

Singapore’s growth should strengthen to ‘around potential rate’, output gap to close by end-2024: MAS

Gan Kim Yong visits US and Canada; to mark 20th anniversary of US-Singapore FTA

NTUC aims to do more to support PMEs, who now account for nearly half its membership

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