SINGAPORE - The business community and the Government should work together to simplify rules to help Singapore's economy remain competitive, said Trade and Industry Minister Chan Chun Sing on Tuesday .
The PEP was set up in 2000 and has received more than 2,000 suggestions, resulting in around 1,000 rule changes for the business community. "But instead the Singapore approach is that when we see a problem be it raised by the government or businesses, we will all come together to solve it together because we are one Team Singapore."
"With disruption being the norm, the pace of technological change and innovation has accelerated. It is important that the public agencies continue to be nimble and flexible in their formulation of regulations," said Mr Teo.
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