Gan Kim Yong: Local regulatory regulations need to favour businesses to promote growth and innovation
Speaking at the 11th Pro-Enterprise Panel-Singapore Business Federation (PEP-SBF) Awards, Minister for Trade and Industry Gan Kim Yong emphasised the importance of business-friendly regulations to stimulate local business growth, innovation, and adaptive capability in the face of challenges. He urged close collaboration between government entities and businesses to maintain Singapore's status as a top business destination.
SBF Chairman Lim Ming Yan highlighted the need for strategic and innovative regulatory frameworks that support fair competition, consumer protection, and market stability, adapting to technological advancements. Overall, the awards recognised contributions enhancing the pro-business environment, with initiatives like the Green Economy Regulatory Innovation initiative receiving numerous applications, aiming to foster green development opportunities and climate action.
- Lianhe Zaobao Online, 29 November
- Lianhe Zaobao, 30 November
