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SINGAPORE'S FUTURE ECONOMY

Singapore must stick to tech push to stay ahead: Swee Keat

Minister notes that despite its large workforce, China is also banking heavily on robotics for efficiency
Wednesday, January 13, 2016 - 05:50

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The tightening of foreign labour in Singapore is consistent with structural reforms to reach for higher value, at a time when China, despite its large workforce, is investing heavily in robotics to raise efficiency, said Finance Minister Heng Swee Keat.

Singapore

THE tightening of foreign labour in Singapore is consistent with structural reforms to reach for higher value, at a time when China, despite its large workforce, is investing heavily in robotics to raise efficiency, said Finance Minister Heng Swee Keat.

Speaking at a UBS

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