SINGAPORE - The Association of Small and Medium Enterprises (ASME) has issued a statement to pay tribute to the late Mr Lee Kuan Yew.
The organisation commended Mr Lee for forging a nation that provided a solid foundation for the local SME community through free trade, political stability and internationalisation.
ASME also remembers Singapore's founding Prime Minister for leading the nation, "with people as our only resource, through difficult early years and [transforming] our country into a vibrant and successful nation we are today."
It also offered its condolences to Prime Minister Lee Hsien Loong and his family for the loss of their father.
ASME added: "Few possessed the gumption like he did and despite the naysayers, Mr Lee remained steadfast in his duty, holding office as Prime Minister for three decades and continuing service until his retirement as Minister Mentor in 2011."
"In retrospect, Mr Lee selflessly devoted almost his entire life to form and develop the Singapore we have today. It is for his life's work that SMEs in Singapore today can strive, prosper and compete successfully, whether at home or abroad."