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Medtech industry set for growth: Lim Hng Kiang

The Singapore government is optimistic of the long term growth prospect of the medical technology (medtech) industry, Minister of Trade and Industry Lim Hng Kiang said.

Speaking at the launch of the MedTech Hub on Thursday, Mr Lim said Singapore is well positioned to harness the growth opportunities in the sector.

He added that Singapore's medtech industry has grown significantly over the past decade.

SPRING Singapore to provide more help for SMEs

SPRING Singapore plans to assist more than 20,000 small and medium sized enterprises (SMEs) every year from 2012.

This will be carried out through their Enterprise Development Centres (EDCs).

Last year, EDCs provided business and productivity advisory services to 14,200 SMEs.

Among the services that EDCs provide is to help SMEs tap on the government's Productivity and Innovation Credit (PIC).

Passenger traffic at Changi Airport up 11.2% in Feb

Passenger traffic at Changi Airport increased 11.2 per cent year-on-year to 3.77 million in February 2012.

According to the Changi Airport Group (CAG), there was "strong travel demand across all regions" last month.

In particular, traffic between Singapore and the Middle East grew more than 20 per cent, while other regions -- the Americas, Europe, South Asia and Southeast Asia -- also increased by double digits.