A DYNAMIC ECONOMY –
OPPORTUNITIES FOR ALL
Chapter 1
We want a Singapore where opportunities abound, and there is pride and recognition in every job. In the past five years, we have recovered from the Covid pandemic, made incomes more equal, and enabled Singaporeans to earn more.
We will grow a dynamic economy that generates jobs and opportunities for all.
We will:
- provide more support for PMETs, and nurture more Singaporean corporate leaders
- strengthen safeguards for fair employment, including through the Workplace Fairness Act
- keep Singapore a reliable and trusted hub for business
- invest in transport and digital infrastructure to enhance our connectivity
- adopt new technologies faster, including Artificial Intelligence, to stay ahead of the competition
- secure clean energy for the future, including exploring nuclear power
We will support businesses, especially SMEs, to restructure and grow.
We will:
- ease cost pressures through tax rebates and measures like the Progressive Wage Credit Scheme
- enable businesses to upgrade and raise their productivity
- make it easier for businesses to access manpower and capital
- help companies expand into new markets