MTI's Lim calls for R&D investment

Minister for Trade and Industry Lim Hng Kiang urges industries to lay down their money on investments that will strengthen companies' R&D capabilities.

In a speech delivered by Lim during the groundbreaking ceremony of SembCorp Marine's New Yard at Tuas Extension on Monday, he pointed out that R&D is a key driver for the industry's further growth.

"In the fast growing global marine and offshore industry, improving and upgrading is essential in order to stay ahead of the competition," Lim said.

Some of the world's largest oil and gas equipment and oil services companies have already set up R&D operations in Singapore while some are already in the process of doing so.

Lim said the government is doing its part through agencies like EDB and A*STAR which are committed to help companies grow their R&D capabilities. The government has recently set aside S$2 billion for a National Productivity Fund to encourage greater productivity growth across 12 priority sectors, including the marine and offshore sector.

Sembcorp contributes 30% of the industry's manufacturing output in Singapore.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia