MANUFACTURERS INVESTING ABROAD (Incentives)
Parliament of Singapore · 18 January 1993 · 8th Parliament
Official Report, 18 January 1993, Vol 60, Issue 5 · Open in the reader (summaries, search, filters)
Mr Robert Chua Teck Chew asked the Minister for Finance whether any tax, fiscal or other incentives will be given to help Singapore manufacturers invest abroad as they regionalise or globalise their operations.
The Minister for Finance (Dr Richard Hu Tsu Tau): My Ministry has been looking into how the income tax system can be fine-tuned to encourage Singapore companies develop business opportunities overseas, and to facilitate the flow of incomes from Singapore investments abroad. The changes will be announced in my Budget Statement on 26th February 1993.
Source: Singapore Parliament Official Report (Hansard) for 18 January 1993. Republished on SGParliament.