Drawing FDI still relevant to Singapore but is no longer enough: Ong Ye Kung
In his maiden parliamentary speech, he highlights how China and India may affect the country's economic fate
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Singapore
THE post-colonial strategy of attracting foreign direct investment remains relevant for the Singapore economy but it is not enough in this next phase of nation-building, said Acting Education Minister (Higher Education and Skills) Ong Ye Kung on Monday.
Delivering his maiden speech in Parliament on the first day of the week-long debate on the President's Address, he noted how things would be different for the economy in the next 50 years.
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