Government out to help SMEs develop innovations
Singapore
THE government has made it a "clear priority" to help small and medium-sized enterprises (SMEs) to develop innovations and commercialise them, said Deputy Prime Minister Tharman Shanmugaratnam on Wednesday.
"We are helping our companies retool and develop strong capabilities, even in the midst of a tough economic climate. We want to help SMEs commercialise their capabilities beyond Singapore, to take advantage of the growing regional opportunities," he said at the opening of Wong Fong Industries' revamped S$30 million headquarters in Joo Koon Circle.
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
Companies & Markets
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama