Putting a spring in Singapore enterprise, regardless of size or sector

THE merger of International Enterprise Singapore and Spring Singapore - announced last September and formalised with the passing of a Bill on Enterprise Singapore earlier this week - is just one facet of the government's response to rapidly shifting global economic dynamics and changing business needs.

But it is one that now sends a clear message on what the government believes a Singapore company committed to growth looks like: it will be one with ambitions to grow beyond Singapore's shores, one that can be globally competitive.

Come April 1, there will no longer be small businesses that work with Spring alone on developing capabilities, but never with IE on foreign market access because overseas plans aren't on their cards. A company's single point of contact in the government for all matters relating to business growth will be Enterprise Singapore - one agency for both enterprise development and internationalisation.