SMEs must plug into digital economy to spur Singapore's economy: Iswaran

Singapore

IT is "critical" for small and medium-sized enterprises (SMEs) to plug into the digital economy as it would make a noticeable impact on Singapore's growth, Minister for Communications and Information S Iswaran said on Sunday.

Speaking about the government's ongoing efforts to support businesses in the digital space, Mr Iswaran, who is also the Minister-in-charge of Trade Relations, said: "This is not just the larger enterprises but also for the smaller and medium-sized enterprises. That's critical because they really move the needle for us in terms of the economy, if they plug into the digital economy."