Singapore seeks ways to improve economic competitiveness
Singapore will focus on three sectors – jobs, resources and technology – to boost the economy’s competitiveness and generate opportunities and jobs for its people.
Singapore will focus on three sectors – jobs, resources and technology – to boost the economy’s competitiveness and generate opportunities and jobs for its people, said Singaporean Minister of Finance Heng Swee Keat.
In order to realise its ambitions, Singapore will form Committee on the Future Economy in December to examine specific issues relating to jobs, enterprises, resources, technology and markets to transform Singapore from an economy based on added value to one generating value.
This transformation also aims to create an environment that embraces the freedom of creativity of enterprises, turning the island state into a reliable link in the structure of the region as well as the world.
On that basis, the committee also examined methods to cooperate with enterprises to redesign jobs meeting future demand and optimising labour, land and business resources costs.
Singapore’s Minister of Trade and Industry S Iswaran emphasised that the creativity value requires Singapore to continue deepening the public-private relationships to create economic values, extremely important for Singapore to overcome limitations and exploit market opportunities in the future and promote global competitiveness.
Iswaran said that as a small country, Singapore always seeks solutions to the scarcity of land and other natural resources.
Many innovative solutions in water and environment, urban planning and green buildings have been effectively implemented, producing positive results. Some of the solutions have been exported to other countries in the region and the world, he added.-VNA
The committee on "The Future Economy", which was recently announced by the Singaporean Government, will review policy measures that have been in place since 2010.
The Monetary Authority of Singapore (MAS) announced on October 14 that it will ease its monetary policy for the second time this year in an effort to foster economic growth.
International policymakers in finance gathered at the 6th WB- Singapore Infrastructure Finance Summit on October 20 to discuss measures to foster private capital in infrastructure development.
Singapore’s economy is forecasted to see moderate growth in 2015 and 2016 with this year’s gross domestic product (GDP) estimated to increase 2-2.5 percent.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Part of Singapore (Photo: VNA)
