- POSTED: 12 Dec 2013 19:22
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Singapore is encouraging more small and medium enterprises (SMEs) in South Korea to establish their offices in the country, said Singapore Prime Minister Lee Hsien Loong.
SEOUL: Singapore is encouraging more small and medium enterprises (SMEs) in South Korea to establish their offices in the country.
Singapore Prime Minister Lee Hsien Loong said this to reporters at the end of his three-day official visit to South Korea on Thursday.
On bilateral matters, Mr Lee said he is hoping to enhance the Korea-Singapore Free Trade Agreement and broaden air services cooperation with South Korea.
At the same time, he has also met several Korean businessmen to hear how they would like Singapore to be part of their growth in the region.
Mr Lee said: “We in Singapore are also encouraging more of them to come to Singapore in order to base themselves here, with headquarters, with research outfits, with outfits overseeing the Southeast Asian businesses.
“And I just had lunch with a group of them, I met some of them yesterday, I think this is a positive development that we want to encourage.”