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Scale-up SG to groom promising local firms to be world powerhouses

PBA Group, Jumbo and Koufu are among the companies chosen for the pioneer run

Mr Chan says Scale-up SG aims to strengthen companies at the "core" of Singapore's business landscape, which he describes as those in the middle tier.


A NEW initiative to turbo-charge the growth of promising local enterprises to become international names was launched on Wednesday, as part of the government's efforts to grow more companies that can compete on the world stage.

Known as Scale-up SG, the 2½ years...