New inter-ministerial committee to make Singapore's business rules more friendly

The committee will look into how to lower costs for businesses, Minister for Transport Chee Hong Tat told reporters at a media doorstop.A new inter-ministerial committee is looking at how to make Singapore's business regulations more business-friendly, particularly in reducing costs for small and medium-sized enterprises .

The committee will look into how to lower costs for businesses — particularly SMEs — when they transact with the government, Chee told reporters on Friday ."The purpose is to engage different groups of businesses — including our trade associations — to understand some of the feedback, pain points and concerns that they face regarding government rules, regulations and processes," he said.

These efforts involve slashing drone licensing fees for light show operators, by moving from a per-drone basis to a per-show basis.

Source: News Formal (newsformal.com)

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