Singapore's economy must adapt with greater integration, new connections: Heng

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SINGAPORE must adapt its economy to the post-Covid world by taking a more integrated approach to transformation; developing human potential, starting even at pregnancy; getting better at spotting opportunities; and finding new ways to be a global node, said Deputy Prime Minister and Finance Minister Heng Swee Keat in Parliament on Monday. Read more at The Business Times.

Second, Singapore must redouble efforts"to develop everyone to their fullest potential", from birth through schools and continuing with lifelong learning.

The taskforce has commissioned seven Alliances for Action, which are industry-led coalitions for the swift piloting of ideas, ranging from environmental sustainability to supply chain digitalisation. Beyond the economy, Singapore's society must adapt so every Singaporean benefits from progress. This means keeping inequality in check and adapting social safety nets.

 

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