Mr Lim reiterated that the Government will 'help viable businesses' weather the extraordinary economic crisis by making it easier for them to get financing. -- ST PHOTO: LIM WUI LIANG
SINGAPORE companies will be given more help to expand in key markets even as the Government steps up efforts to attract more foreign firms here.
As the recession continues, the Government will also strengthen the economy to ride out the difficulties and gear up to 'seize new growth opportunities' in the post crisis landscape, said Minister for Trade and Industry Lim Hng Kiang.
In an addition to President S R Nathan's speech at Parliament's opening on Monday, Mr Lim recapped the ministry's goals in the downturn and beyond.
He reiterated that the Government will 'help viable businesses' weather the extraordinary economic crisis by making it easier for them to get financing and cutting their costs where possible.
Companies will also get help to expand abroad, both in key markets such as China, India, South-east Asia and the Middle East, and in emerging economies including Latin America and Eastern Europe.
