Less red tape? Singapore to reduce regulatory burden for companies

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

National Day Rally 2024 أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

To ensure a business-friendly environment, Singapore needs to keep the regulatory burden to a minimum, says Prime Minister Lawrence Wong in his first National Day Rally.

“Every few years or so, we have to do a thorough and proactive review of our rules and processes, and prune them back where possible,” he said in his speech on Aug 18. He cited an example of how difficult it was to get permits and registrations done for a drone show. "Previously, a drone show using 1,000 drones would incur more than S$25,000 in compliance costs. Now, it will cost just S$500," PM Wong said.

“Every few years or so, we have to do a thorough and proactive review of our rules and processes, and prune them back where possible,” he said in his speech on Aug 18. He cited an example of how difficult it was to get permits and registrations done for a drone show. "Previously, a drone show using 1,000 drones would incur more than S$25,000 in compliance costs. Now, it will cost just S$500," PM Wong said.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 6. in AE
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين