Firms project higher revenues from better productivity and expanding overseas with help from EnterpriseSG

SUPPORTING NASCENT SECTORS

EnterpriseSG is working with partners in established markets to help them gain access to customers, investors, and experience to assist companies in emerging industries like accuracy medicine.

Advancements in technology will enable businesses to create products that are more efficient at providing care to nations all over the world, particularly given the age demographics, according to EnterpriseSG managing director Cindy Khoo.

She told CNA’s Singapore Tonight on Thursday that” that presents business opportunities for businesses in Singapore that can provide those services for more specific tests or pharmaceuticals service.” &nbsp,

She stated that SMEs in this field may have the skills and options, but have not yet scaled.

To connect our local businesses with outside partners like Mayo Clinic ( in the US and ) Charité in Germany, which are well-established care institutions,” we need proof of concept, captain, and… to show a monitor record,” she said.

Ms. Khoo asserted that there might be a bright side to the international business environment, even though it may hang in the balance.

” The great confusion really opens up opportunities thanks to the enormous adjustment of global supply chains,” she said.

” That’s where we can look for opportunities, where our businesses can undermine even existing manufacturers, and then provide our services and goods to the rest of the world more properly”.