Examples of how SMEs forged ahead with public agencies' help
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ADVANCE estimates released last week pegged Singapore's GDP growth at 0.7 per cent for 2019, a result of the slowdown in the global economy. But as US and China move towards alleviating trade tension through a "very large and comprehensive" Phase One trade deal slated for Jan 15, an improvement to the global economy might be at hand.
Delivering his keynote address at the SGSME.sg seminar Possibilities 2020 on Jan 10, Senior Minister of State for Trade and Industry Chee Hong Tat said: "We won't know what the details are of the deal until it is signed. It is better for us not to jump the gun, to go too far ahead in terms of what exactly will happen, but it is better that they are talking, and finding solutions to move forward than to continue to fight."
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