New workgroup to help Singapore SMEs restructure and raise productivity
A new Government-led workgroup to help small and medium-sized enterprises (SMEs) will work to streamline existing schemes and policies targeted at SMEs.
It will also oversee the implementation and progress of these programmes and strengthen engagement with the business community.
The workgroup, led by Minister of State for Trade and Industry Teo Ser Luck, includes 16 other Members of Parliament, seven representatives from business chambers and agencies and five business leaders.
Eleven government ministries and agencies such as Spring Singapore and the Ministry of Trade and Industry are also part of the workgroup.