Connect to Strengthen Our Status as a Global Node

Connect to Strengthen Our Status as a Global Business Node

		Singapore is the most competitive economy in Asia and well positioned as the world’s Global-Asia node. However, we must continuously strengthen our competitiveness and status as a global business node.

We will do this by: Strengthening our appeal as a vibrant lifestyle and economic hub for residents and tourists with new experiences and tourism concepts Expanding our network of trade partnerships by establishing more and varied types of agreements Supporting local companies to scale, internationalise, and embed more deeply into global trade and supply chains Encourage trade flows for in-demand areas Enhancing trade processes for time and cost savings, facilitating access to global markets Initiatives: Tourism Development Fund 4 Top-up Strengthening economic integration and cooperation with international and regional partners to enhance our status as a global business node Extension of Enhanced Enterprise Financing Scheme-Trade Loan Quantum Enhanced trade processes – ASEAN Authorised Economic Operator Mutual Recognition Arrangement


For more information, visit: COS 2024 Speeches Press Releases and Factsheets on Key Announcements