Hone digital innovation, technology and manpower to keep Singapore relevant

THE golden digital era has brought the global market to the doorstep of businesses in Singapore, increasing their reach and transforming traditional business models into leaner and more disruptive agents of growth.

The upcoming government Budget is yet another opportunity for Singapore to decisively push its digitalisation strategy.

The question is: can we continue to produce a crop of next-generation companies that are agile enough to harness the opportunities of the digital economy? And can our business leaders leverage Singapore's innovation capabilities to become innovation leaders in their respective fields?

In the last two years' Budgets, we…