Rebuilding to Emerge Stronger and More Competitive

 

		The Singapore economy has begun its journey towards recovery, but uncertainties remain. We will work together with all Singaporeans to blaze new trails, and find new opportunities.
Highlights: Singapore will capture opportunities from the driving forces of shifting global supply chains and accelerating digitalisation via three strategies: Strengthen our position as a business hub to attract regional and global businesses by mobilising capital, accessing global talent network, and managing intangible assets. We will also continue to establish strong networks with partner countries through international trade agreements and digital economy agreements. Fortify Singapore’s position as a key node in global value chains, by capturing opportunities arising from shifts in global supply chains. This includes having an all-rounded ecosystem that provides (i) supply chain resilience; (ii) strong connectivity; and (iii) advanced manufacturing capabilities. Strengthen our local corporate landscape by enabling businesses across all stages of development and growth, and across all sectors, to develop capabilities to compete internationally and capitalise on global trends.
Find out more at www.enterprisesg.gov.sg and factsheets.
For more information on support measures for businesses, visit https://go.gov.sg/budget-2021-business-booklet.
Speech by Minister Chan Chun Sing - Rebuilding to Emerge Stronger and More Competitive
Watch to find out how we can build an exciting and vibrant economy together