Singapore, Germany work together to boost SME development

Singapore and Germany will support enterprise development through industrial and digital transformation in sectors of common interest, including medical technology and healthcare. - AFP

SINGAPORE (Xinhua) Enterprise Singapore and the Asia-Pacific Committee of German Business (APA) signed a Memorandum of Understanding (MoU) to better leverage the complementary strengths of Singapore Small and Medium-sized Enterprises (SMEs) and German Mittelstand, according to a joint press release issued on Thursday (Oct 15).

With the MoU signed, the two sides will support enterprise development through industrial and digital transformation in sectors of common interest, including advanced manufacturing, digitalisation and innovation, medical technology and healthcare, and future of mobility.