Heng Swee Keat: preserving core capabilities and retaining special skills

DPM Heng Swee Keat said in his recent ministerial statement on 5 Oct that we would build a new future by being a Global-Asia node to create good jobs for Singaporeans.

To be a node, we must be connected to the world and this includes physical connectivity. Many global companies have their regional hub here because of good governance here, our stability and connectivity to Asia and the rest of the world.

The pandemic has decimated air travel in the world and devastated SIA and Changi Airport Group, and tourism.

We can either let them flounder, and let businesses shut down one by one and when the pandemic is over and the world recovers, there is no one to greet the opportunities.

Or we can do our best to help and support them, especially to preserve core capabilities and specialised skills so that when the world recovers, we can be the first out of the gate.

Let's have a clear picture of what the Government is doing.

𝐄𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐝𝐨𝐞𝐬 𝐭𝐨 𝐩𝐫𝐨𝐭𝐞𝐜𝐭, 𝐫𝐞-𝐨𝐩𝐞𝐧 𝐚𝐧𝐝 𝐠𝐫𝐨𝐰 𝐨𝐮𝐫 𝐞𝐜𝐨𝐧𝐨𝐦𝐲 - 𝐰𝐞 𝐝𝐨, 𝐧𝐨𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐞𝐜𝐨𝐧𝐨𝐦𝐲'𝐬 𝐬𝐚𝐤𝐞 𝐛𝐮𝐭 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐩𝐞𝐨𝐩𝐥𝐞. - Heng Swee Keat

This is a government working very hard to secure the future and to build a better Singapore for their people.