|We will continue to face headwinds as the global economy slows in the near term. Beyond this, structural shifts in our operating environment will create both opportunities and challenges for Singapore. Companies will have to grapple with these new realities, and transform their businesses to adapt and thrive in the long run.
The Government remains committed to supporting our companies as they undergo their transformation journeys. For promising local enterprises, their stage of growth and high level of ambition often requires dedicated and customised support to grow into Singapore Global Enterprises. We have therefore put together holistic and customisable programmes to meet their needs.
At the same time, we will continue to help our enterprises capture new opportunities. This includes developing key services and manufacturing sectors, providing schemes to help enterprises through the different stages of their internationalisation and digitalisation journeys, as well as supporting them to develop innovation and sustainability capabilities. We will also help heartland enterprises to stay relevant and competitive, by upgrading their digital capabilities and encouraging more innovations in the heartlands.
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