|
Cutting business red-tape is perhaps a way to reduce certain processes or regulations that may potentially impede a particular business operation. Rules and regulations are necessary to ensure that markets function in an orderly manner. However, excessive and outdated regulations could stifle the entrepreneurial spirit and business growth. Read more about The Pro-Enterprise Panel (PEP).
About PEP The Pro-Enterprise Panel (PEP) was established in August 2000 to actively solicit feedback on rules and regulations that hinder businesses and stifle entrepreneurship. It is part of the Public Service 21 movement to ensure that government rules and regulations remain relevant and supportive of a pro-business environment. The PEP is part of the Public Service for the 21st Century (PS21) movement. PS21 is about the Singapore Public Service's commitment to Anticipate, Welcome and Execute change; and influencing developments in order to provide Singapore with the best conditions for success.
If you have an idea to cut business red tape, or would like to find out more about the PEP, please visit the PEP website. You can submit your proposal to review government rules and view some of the Highlights of Pro-Enterprise Panel suggestions on the website too. |  |
What PEP does Acting on feedback from the public, the PEP initiates review of rules and regulations that could potentially hinder businesses and stifle entrepreneurship. Suggestions received from the public are reviewed with the intention of simplifying and eliminating rules. In a fast and ever-changing environment, PEP hopes to update regulatory framework and create a climate conductive for all businesses to thrive and fulfill their potential.
Milestones Since its inception in August 2000, the PEP has reviewed more than 1,500 suggestions from businesses, of which 54% have been accepted for implementation. PEP has facilitated assistance to numerous businesses and individuals who encountered red tape. As a result, most of them have been able to work out viable solutions with the regulatory agencies. Agencies, in turn, have acquired a better understanding of businesses' needs.
As part of its outreach, we have been getting feedback from several business communities including the retail, F&B industry, and real estate developers. At the same time, the Panel also had regular dialogue sessions with the regulatory agencies to resolve contentious issues.
Since 2003, we have started to look at business proposals that do not fall neatly under any government agencies. An example would be the proposal to distribute a new quit smoking aid. PEP intervened and successfully helped secured notification that the product was not subject to regulatory controls, which was crucial for company to market the product.
|