By Robert T. Yuan
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Extra resources for Biotechnology in Singapore, South Korea and Taiwan
28) Gambrill, Mr Brian, Plantek International, personal communication, March 1987. (29) The Economist, 31 May 1986. (30) Far Eastern Economic Review, 6 March 1986. Acknowledgements Mr Peng-Soon Khor, Director, Singapore Economic Development Board, Washington DC. Miss Swee Yeok Chu, Singapore Economic Development Board, Singapore. 52 Biotechnology in Singapore Appendix I Organizations and Individuals Visited Government Economic Development Board Mr Foo Meng Tong, Director, Industry Development Division.
Singapore Science Council Dr Mohan Narendran, Assistant Head, Research and Development Assistance Scheme. Mrs Lee Swee Khuen, Senior Research Officer. University and Research Institutes Institute of Molecular and Cell Biology Dr Chris Tan, Director. National University of Singapore Prof. Nga Been Hen, Department of Microbiology. Dr Tech Wah Koon, Department of Chemical Engineering. Industry Beecham Pharmaceutical Pte. Ltd Mr John Sanderson, Managing Director. 53 Biotechnology in Singapore, South Korea and Taiwan Diagnostic Biotechnology Pte.
The EDB is responsible for industrial planning and administering most of the measures to stimulate R&D. These involve tax incentives and grants. Tax incentives include (2): (a) Pioneer status. Designated companies enjoy tax-free status 27 Biotechnology in Singapore, South Korea and Taiwan for five to 10 years. Companies introducing new technologies and/or carrying out R&D fall into this category. (b) Investment allowance. Up to 50 percent may be used towards fixed investment in R&D. (c) Double deduction.
Biotechnology in Singapore, South Korea and Taiwan by Robert T. Yuan