Sweetening the deal for firms to innovate and expand abroad
Government to introduce two new schemes, boost existing incentives
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE government is pushing more Singapore companies to go overseas and innovate - and will introduce two new schemes, while amping up existing incentives, to make it happen.
This comes as Tharman Shanmugaratnam, Deputy Prime Minister, and Minister of Finance, on Monday said that the lag in productivity growth resulted mainly from the poor performance of domestic-oriented sectors.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
