Committee of Supply 2026 debate, Day 3: Mark Lee on risk-calibrated global expansion
Internationalisation is essential for long-term competitiveness and resilience for Singapore businesses, said NMP Mark Lee. Speaking in parliament on Monday (Mar 2), he wanted to know how the government would continue to send a strong and consistent message that despite heightened geopolitical risks, Singapore firms must press on with internationalisation. Mr Lee also pointed out that risk is not uniform and varies sharply by market. He wanted to know if the government could consider differentiating internationalisation support not only by firm size but also by market risk profile, with enhanced support for higher-risk corridors.
Internationalisation is essential for long-term competitiveness and resilience for Singapore businesses, said NMP Mark Lee. Speaking in parliament on Monday (Mar 2), he wanted to know how the government would continue to send a strong and consistent message that despite heightened geopolitical risks, Singapore firms must press on with internationalisation. Mr Lee also pointed out that risk is not uniform and varies sharply by market. He wanted to know if the government could consider differentiating internationalisation support not only by firm size but also by market risk profile, with enhanced support for higher-risk corridors.
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