Derrick Goh on Financial Services and Markets (Amendment) Bill

Mr Derrick Goh: Mdm Deputy Speaker, Singapore must uphold its status as a trusted global financial centre, as criminal networks leverage on the dynamic financial and technological landscape to commit more sophisticated commercial crimes, like in the areas of Money Laundering (ML), Terrorism Financing (TF) and Proliferation Financing (PF). While our defences against ML/TF/PF have strengthened over the years, MAS must continue in its commitment to refresh traditional policies, as we cannot combat new criminal typologies with old methods.....

Read more >

Debate on President’s Address: Derrick Goh on effective Parliament, dedicated Government and ‘hands-on’ citizens

Sir, Singapore’s growth from third world to first within a generation has been nothing short of remarkable. Through the triumphs and tribulations, our forefathers have forged a nation not just through resilience but also unity. The responsibility to bring Singapore forward now lies upon our shoulders. We face challenges and opportunities like our forefathers, though of a different nature amidst evolving ideologies and complexities. The popular saying is that it is easier to grow an organisation but always harder to keep up its successes.....

Read more >

Derrick Goh on role of SMEs in green economy

Singapore as an International Green Hub I mentioned during the Budget debate that I am glad that the Government continues to encourage SMEs to look towards the longer term to transform and capture opportunities in the new economy, even as they are focused on overcoming near-term challenges. A key thrust I raised was about helping our SMEs develop Environmental, Social and Governance (ESG) capabilities. SMEs must adopt greener practices in their service and products, as well as measure,....

Read more >

Derrick Goh on digitisation of SMEs

Enterprise Digitalisation and Innovation Sir, the pandemic has accelerated digitalisation and transformed the way business is done. Budget 2022 provided a big push for our SMEs in their digitalisation journey, with $200 million to enhance schemes for them to build digital capabilities. While this is gaining momentum, in tandem also with the commendable efforts in digitalising our heartland merchants and residents by the SG Digital Office, little has been said specifically on SME digitalisation in Budget 2023.....

Read more >