S'pore remains pro-business, welcomes investments: PM
Speaking at a luncheon with South Korean business leaders yesterday, he made a strong pitch for Singapore as an attractive destination for companies to expand in.
Even as the country's society and economy are in transition mode in the face of a changing global landscape and new social needs, he said Singapore would continue to stay open to foreign investment and talent, while remaining mindful of its own physical and social constraints.
"Singapore is making steady progress. We are constructing a high-quality living environment for our people . . . we are integrating ourselves with the region and the global economy," said Mr Lee at the event hosted by the Korean International Trade Association (Kita), the country's largest business association.
Many of the other attendees at the lunch were from organisations such as the Korean Federation of Small Business, the Korea Chamber of Commerce & Industry, and the Federation of Korean Industries.