He added " we must be prepared for a future of continued unpredictability, disruption and change".
SINGAPORE – Eight years ago, Singapore launched a programme to restructure its economy and ensure it remains competitive and fit for an uncertain future.
“We must keep up and enhance the momentum of our transformation to position ourselves for the future economy as best we can – to keep our businesses and workers competitive, and to continue improving the lives of our people.” DPM Heng was delivering his opening remarks at the July 23 opening of the second Singapore Apex Business Summit. He also launched a report that chronicles Singapore’s economic transformation journey since 2016.
DPM Heng outlined three strategies for Singapore to stay competitive. First, the country must strengthen its social compact. DPM Heng said: “Tripartism will enable important opportunities for workers to upskill and reskill to keep themselves relevant and competitive for longer careers, through platforms such as the Job Transformation Maps and Career Conversion Programmes.”
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