The proposed amendments are designed to improve the registration procedures while making regulatory enhancements, which will have the potential to spur further entrepreneurial activity, promote competition, stimulate the growth of existing businesses and even raise productivity, said MP Jamus Lim.
But Singapore must not allow others to think that an easy business environment also means a permissive one, he said in Parliament on Tuesday . He warned against allowing foreign actors to take advantage of Singapore’s relatively simple registration processes and global reputation for incorruptibility to incorporate fronts for dubious business activities in some form of a quid pro quo for investing here.
But Singapore must not allow others to think that an easy business environment also means a permissive one, he said in Parliament on Tuesday . He warned against allowing foreign actors to take advantage of Singapore’s relatively simple registration processes and global reputation for incorruptibility to incorporate fronts for dubious business activities in some form of a quid pro quo for investing here.
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