Singapore must prepare for economic challenges, Government doing ‘all it can’ to cushion impact: PM Lee
SINGAPORE MUST “STAY OPEN”
Nonetheless, Singapore’s strategy must be "to stay open, and make our economy stronger and more resilient”, said the prime minister.
Singapore must “keep seizing opportunities for growth, developing new capabilities and becoming a more competitive economy”, he added.
“Then despite the uncertain climate, despite the pressures against globalisation, investors will still find it worthwhile to put their projects in Singapore, our exports will still find foreign markets, and we can still earn a living for ourselves in the world.”
Economic success alone is not enough, noted Mr Lee.
He said: “Our growth must be matched by social and political cohesion. There is war in Europe, there are major troubles in the world, and great power rivalry in the region. Facing all t...









