Singapore is one of the most competitive economies globally, with sound economic fundamentals and an attractive location for businesses to grow and invest. Our businesses receive support to uplift productivity, strengthen capabilities, and access new markets. While our workers are highly regarded internationally, we are ramping up job training and conversion programmes to ensure that our workforce remains capable and future-ready.
Looking beyond the immediate challenges of the COVID-19 crisis, our businesses are preparing to seize longer-term opportunities by harnessing growth in Asia, going digital, and promoting innovation. More businesses are digitalising at a faster pace to capitalise on opportunities brought about by the COVID-19 crisis, facilitated by government support and digital infrastructure.
Read more on our economy and labour market as well as economic opportunities in the programme highlights below.