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Heartland Retailers Take Steps to Upgrade and Raise Productivity

24 April 2014

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Heartland Retailers Take Steps to Upgrade and Raise Productivity

Small and micro enterprises implemented productivity initiatives to improve business


1.          As the Singapore economy restructures, companies need to upgrade their capabilities and transform their businesses to cope with the challenges of a tight labour market and high business costs. Small and micro enterprises are no exception, and also need to upgrade themselves to cope with the evolving business environment.


2.          Minister of State for Trade and Industry Teo Ser Luck visited two heartland retailers - Ta Zhiang Trading Pte Ltd and Kai Joo Hung Optical and Watches today, to find out how they have increased their productivity and upgraded their businesses through government support, with help from the SME Centre.  


Please click

here

for the full press release.


MINISTRY OF TRADE AND INDUSTRY

24 APRIL 2014

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