SMEs must plug into digital economy to spur Singapore's economy: Iswaran
Government's digital readiness programme is targeted at individuals as well as businesses, adds minister
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."
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
Singapore factory output reverses into negative territory in March, down 9.2%
Tripartism and trust will help Singapore navigate a world ‘fraught with uncertainties’: Tan See Leng
Daily Debrief: What Happened Today (Apr 26)
Singapore must prepare for slower growth at higher costs: MAS
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29
Singapore’s growth should strengthen to ‘around potential rate’, output gap to close by end-2024: MAS