Committee of Supply 2025 debate, Day 4: Mark Lee on IMC and SME Pro-Enterprise Office
In parliament on Wednesday (Mar 5), NMP Mark Lee asked for an update on two initiatives to streamline processes, reduce compliance costs and ensure that pro-enterprise policies translate into real benefits. One is the SME Pro-Enterprise Office, whose job is to tackle regulatory challenges and strengthen Singapore's pro-business environment. The other initiative is the Inter-Ministerial Committee for Pro-Enterprise Rules Review, which was formed to ensure that regulations remain agile, business-friendly and aligned with Singapore's economic competitiveness. Mr Lee wanted to know how these efforts would help businesses stay competitive amid rising costs and global headwinds.
In parliament on Wednesday (Mar 5), NMP Mark Lee asked for an update on two initiatives to streamline processes, reduce compliance costs and ensure that pro-enterprise policies translate into real benefits. One is the SME Pro-Enterprise Office, whose job is to tackle regulatory challenges and strengthen Singapore's pro-business environment. The other initiative is the Inter-Ministerial Committee for Pro-Enterprise Rules Review, which was formed to ensure that regulations remain agile, business-friendly and aligned with Singapore's economic competitiveness. Mr Lee wanted to know how these efforts would help businesses stay competitive amid rising costs and global headwinds.
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