FTAs vital in helping firms lower costs: NMP

Free trade agreements (FTAs) are important in helping businesses lower their costs and explore new markets and models, a need that has been made even more urgent by the Covid-19 pandemic, said Nominated MP Janet Ang.

She was responding in Parliament yesterday to two ministerial statements on FTAs and foreign manpower.

Ms Ang, who is also a council member of the Singapore Business Federation (SBF), said: “Trade, along with investments into Singapore, will drive our economic recovery and the resumption of business activities post-Covid-19 even as we restlessly reinvent our industries, innovate ideas, products, services and business models, to emerge stronger post-pandemic.”Read More.

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