Committee of Supply (COS) 2023
This year, the Ministry of Trade and Industry’s COS announcements focused on our commitment to support our businesses and workers, not only to cope with near-term challenges, but to transform and thrive in the long run.
Building on the momentum and progress we have made since introducing the Singapore Economy 2030 vision, we will be expanding our programmes and initiatives to help businesses position themselves for growth, especially amidst global economic challenges and tighter resource constraints. This includes:
|Supporting firms to capture new growth opportunities in sustainability as we transition to a green economy, while navigating the energy transition for a more sustainable future
|Grooming promising local firms into global champions by providing holistic and customisable programmes to meet their needs
|Strengthening innovation and digital capabilities in enterprises while expanding collaborations with our extensive network of partners.
To do this, we will direct our efforts in four priority areas: