Jamus Lim calls for policy shifts from large corporations to SMEs; Jeffrey Siow says both are needed

Speaking on a motion moved by the Workers' Party (WP) in parliament on Wednesday (Aug 5), WP MP Jamus Lim called for policy shifts to place small- and medium-sized enterprises (SMEs) at the centre of Singapore's economic model while retaining the country's openness to foreign investment. In his speech supporting the amendments to the motion, Second Minister for Finance Jeffrey Siow said Singapore needs both multinational corporations (MNCs) and SMEs to thrive. #singapore #sgnews Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia