S'pore looks to global alliances to boost local industries

ZDNet Asia, 7 Oct 2010
SINGAPORE--The Singapore Economic Development Board (EDB) aims to attract global midsize companies and Asian enterprises into the city-state by partnering "multipliers".
According to S. Jayakumar, Singapore's senior minister and coordinating minister for national security, these two business groups have less resources to drive their expansion strategies and require facilitation when venturing into new and unfamiliar markets.
With this in mind, he lauded the EDB for announcing their plans to partner 10 "multipliers" over the next six months, with the Singapore Business Federation roped in as its first partner. Full story