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: More SMEs ventured overseas; Enterprise Singapore supported over 18,000 enterprises to transform, innovate and go global in 2022

MR No.: 004/23

2022 marked the revival of the global economy after two and half years of border restrictions due to COVID-19. Despite prevailing uncertainty and macroeconomic headwinds, many of our local enterprises continued to grow, transform and seize opportunities locally and abroad.

Enterprise Singapore (EnterpriseSG) strongly supported these efforts, with 18,100 Singapore enterprises working with us to deepen their capabilities in productivity, innovation, and internationalisation last year. These activities are expected to create S$17.8 billion in value-add and 23,800 skilled jobs for the Singapore economy.

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