UPDATE ON EXPANSION OF MARINA BAY SANDS UNDER ITS SECOND DEVELOPMENT AGREEMENT WITH SINGAPORE TOURISM BOARD

Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry (a) whether he can provide an update on the Second Development Agreement between the Singapore Tourism Board and Marina Bay Sands (MBS); (b) whether MBS is on track to meet the construction commencement date of 8 April 2023 for its expansion project under theContinue reading “UPDATE ON EXPANSION OF MARINA BAY SANDS UNDER ITS SECOND DEVELOPMENT AGREEMENT WITH SINGAPORE TOURISM BOARD”

PERFORMANCE OF COMPANIES UNDER GLOBAL TRADER PROGRAMME

Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry (a) what is the number of companies under the Global Trader Programme (GTP); (b) what are their (i) revenues, (ii) pre-tax profits and (iii) taxes paid in the last five years; and (c) whether the GTP will lapse should the Government implement a domesticContinue reading “PERFORMANCE OF COMPANIES UNDER GLOBAL TRADER PROGRAMME”

DISBURSEMENTS FOR NATIONAL PRODUCTIVITY FUND

Mr Leon Perera asked the Minister for Trade and Industry (a) what is the pattern of funding from the National Productivity Fund (NPF) by industry in the past five years; (b) whether the NPF uses research to benchmark Singapore’s productivity according to sectors with other developed countries and when deciding how much to fund each sector; andContinue reading “DISBURSEMENTS FOR NATIONAL PRODUCTIVITY FUND”

EXIM Bank

Ms He Ting Ru (Sengkang): Finally, on an EXIM bank. During last year’s debate, during the Second Reading of the Carbon Pricing (Amendment Bill), my Sengkang colleague Assoc Prof Jamus Lim and I both spoke about the need for an EXIM bank and the role that such a bank can play in our efforts toContinue reading “EXIM Bank”

Accessible Support for Small Businesses

On accessible support for small businesses, it is an economically difficult time especially for small and micro-businesses as they battle rising costs and inflation amongst other global headwinds in the wake of COVID-19. Additionally, these businesses would also be particularly hard hit by our green transformation. Climate change is an amplifier. While it might sometimes meltContinue reading “Accessible Support for Small Businesses”

Biotech Industry

Ms He Ting Ru (Sengkang): Thank you, Sir. Mr Chairman, it was evident during the global panic in the earlier phases of the pandemic that Singapore has to be self-reliant with resources to combat and resist the spread of the next wave of infectious diseases, and that it is important to have a strong biotechContinue reading “Biotech Industry”

MANDATORY UNIT PRICING FOR ESSENTIAL FOOD ITEMS IN SUPERMARKET AND GROCERY STORE CHAINS

Mr Leon Perera asked the Minister for Trade and Industry whether the Ministry will consider implementing mandatory unit pricing for necessary food items in supermarket and grocery store chains to promote price transparency and as a check against shrinkflation. Mr Gan Kim Yong: The Price Kaki app, developed by the Consumers Association of Singapore (CASE), allows consumersContinue reading “MANDATORY UNIT PRICING FOR ESSENTIAL FOOD ITEMS IN SUPERMARKET AND GROCERY STORE CHAINS”

Silver Industries

Ms Sylvia Lim (Aljunied): Sir, across the world, we see exciting innovations catering to the needs and well-being of seniors. These range from technology to monitor health conditions at home, to senior-friendly food, to robotic pet dogs that keep lonely seniors mentally and emotionally engaged. Singapore is one of the most rapidly ageing societies inContinue reading “Silver Industries”

DATA ON FUNDS UTILISED FOR SINGAPORE GLOBAL NETWORK FUNDING PROGRAMME

Mr Gerald Giam Yean Song asked the Minister for Trade and Industry (a) in each of the past three years, how much funding has been utilised for the Singapore Global Network Funding Programme; (b) which are the main countries and cities where this funding has been utilised; (c) how many applications for funding are received and whatContinue reading “DATA ON FUNDS UTILISED FOR SINGAPORE GLOBAL NETWORK FUNDING PROGRAMME”

UPDATE ON PROPOSED FLYING TAXI SERVICE SINCE JOINT TRIAL IN 2019

Mr Leon Perera asked the Minister for Trade and Industry (a) whether he can provide an update on the proposed flying taxi service since the joint trial in 2019; (b) what is the expected initial capacity for such a service in terms of number of trips per day; and (c) what is the expected number ofContinue reading “UPDATE ON PROPOSED FLYING TAXI SERVICE SINCE JOINT TRIAL IN 2019”