Tharman: The whole project will take a development of 10 years.
Tharman: We are embarking on the development of Changi Airport's new terminal, T5.
Tharman: The third thrust of this Budget involves a major reinvestment in Singapore's infrastructure.
Tharman: SMEs often lack the capacity to attract and retain people.
Tharman: We have to develop our own tradition and find ways to deepen collaboration industry by industry.
Tharman: There's a third way in which our culture must change. In industry, we need a new collaborative culture.
Tharman: It matters when employees are empowered.
Tharman: Employers must recognise what the best companies have found: that people are their biggest
Tharman: We need a different motivation in our society. Our economic and social culture must change.
@Anon: More information on the unemployment rate in Singapore, according to the Manpower Ministry:
Tharman: New technologies now present another opportunity. E-commerce, digitisation... are leveling the playing field for start-ups to expand internationally.
Tharman: The govt will refine the pace of increase in foreign worker levies since foreign worker inflows have slowed down markedly.
Tharman: We must make innovation pervasive in our economy
Tharman: Skills future involves everyone
Tharman: We must ensure we have the people with the empathy and skills needed for... embarking on next wave of investment in our people
Tharman: There are five key growth clusters identified for Singapore:
1) Advanced manufacturing aided by robotics,
2) Applied health sciences,
3) Smart and sustainable urban solutions,
4) Logistics and aerospace,
5) Asian and global financial services.
Tharman: First, we must build deep skills and advance capabilities. It is absolutely critical we do this so we can help Singaporeans grow in their careers.
4. Strengthen assurance in retirement
3. Invest in economic and social infrastructure for the future
2. We will continue to restructure our economy and support our next generation of businesses
Tharman: Four areas of focus.
1) we will invest in the skills of the future and empower every individual to learn and develop through life