Build financially and environmentally sustainable SMEs

Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Second Reading of the Enterprise Singapore Board Bill [Bill No. 3/2018] Introduction Sir, I stand in support of this Bill, which will consolidate and coordinate government efforts in nurturing a vibrant ecosystem for SMEs. I wish to raise just four points for clarification and consideration. Supporting local SMEs in internationalising As the Minister would be aware, a recent survey by QBE Insurance found that 14% of SMEs intend to expand overseas while 45% have no plans to internationalise soon.....

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Help plumbers transition to new licensing regime

Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Second Reading of the Public Utilities (Amendment) Bill [Bill No. 4/2018] Introduction Sir, I welcome the move to revise the Licensed Water Service Plumber Scheme (LWSPS), requiring all sanitary plumbers to be licensed under a new Licensed Plumber (LP) scheme, along with water service plumbers. Efforts to streamline regulations, and combine both types of plumbers under a single scheme, can only lead to enhanced professionalism for the plumbing industry.....

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Train students, elderly, SMEs in cybersecurity

Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Second Reading of the Cybersecurity Bill [Bill No. 2/2018] Introduction Sir, I rise in support of this Bill. Singapore runs on computers. Everything from our transport system and fire departments, to our hospitals and military, relies on the availability of sustained access to computer systems and networks. This also means that a successful cyber-attack on our Critical Information Infrastructure (CII) would not simply pose a threat to our way of life but could seriously endanger our national security.....

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Fair Employment for S’porean Managers

Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Second Reading of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill [Bill No. 1/2018] Introduction Sir, I stand in support of this Bill. It is encouraging that the government continues to support companies through tax reliefs. However, I would like to seek some clarifications and offer some suggestions. Clarity on definition of Intellectual Property Income First, Clause 2 of the Bill amends Section 3 of the Act by inserting a new definition of ‘Intellectual Property Income’.....

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