Deputy Prime Minister Gan Kim Yong Outlines Singapore’s Economic Future
Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, recently addressed the Economic Society of Singapore during its 70th-anniversary dinner. The event served as a platform to reflect on the nation’s economic journey and discuss the challenges that lie ahead in an increasingly complex global environment.
During his speech, DPM Gan emphasized the importance of staying competitive in a rapidly changing world. He highlighted that Singapore must continue to innovate and adapt its economic strategies to remain a key player in the international market. The government remains committed to supporting businesses and workers as they navigate these shifts.
He also noted that collaboration between the government, private sector, and academic institutions is essential for long-term success. By working together, these groups can better prepare for future economic uncertainties and ensure that Singapore’s growth remains inclusive and sustainable for all citizens.
As the Economic Society of Singapore marks seven decades of service, the focus remains on building a resilient economy. The insights shared by DPM Gan serve as a reminder that while Singapore has achieved significant progress, the country must continue to look forward and plan carefully for the next generation of economic development.