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By Robin Chan
COMPANIES looking to export and expand overseas can tap multi-million dollar training programmes and financing schemes offered by the Singapore Government.
International Enterprise Singapore (IE) said on Thursday that it will set aside $123 million over two years to step up training programmes for staff of some 10,000 companies to grow their companies overseas and better tap export markets. The trade promotion agency will also support up to $4.2 billion of loans through its financing schemes. These are expected to generate $14.4 billion of trade and $1.6 billion of overseas investments this year for 2,500 companies here this year.
IE's chief executive officer Chong Lit Cheong said on Thursday: 'It is crucial for companies to realise the importance of continued engagement in trade and internationalisation to help sustain their business in the long term...We urge companies to tap on the programmes.'
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