Committee of Supply 2026 debate, Day 1: Tin Pei Ling on reducing compliance burden for businesses and cross-border trade friction
Regulations set clear boundaries for businesses, protect consumers, deter unfair and illicit practices, and support healthy industry development. But compliance carries costs, said MP Tin Pei Ling in parliament on Thursday (Feb 26). Noting that smaller firms and fast-moving businesses are hit the hardest, she asked if the government will undertake a review of rules across industries and verticals. With cross-border frictions adding to cost pressures for small- and medium-sized enterprises, she also wanted to know what more will be done to expand cross-border trade and reduce friction in the ASEAN Single Window.
Regulations set clear boundaries for businesses, protect consumers, deter unfair and illicit practices, and support healthy industry development. But compliance carries costs, said MP Tin Pei Ling in parliament on Thursday (Feb 26). Noting that smaller firms and fast-moving businesses are hit the hardest, she asked if the government will undertake a review of rules across industries and verticals. With cross-border frictions adding to cost pressures for small- and medium-sized enterprises, she also wanted to know what more will be done to expand cross-border trade and reduce friction in the ASEAN Single Window.