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SINGAPORE BUDGET 2016

Nurturing innovation and value creation

Saturday, March 26, 2016 - 05:50

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MR HENG: Paying tribute to Singapore's founding father, the finance minister challenged all Singaporeans to do as Lee Kuan Yew did: to dream, plan and build for the next 1,000 years.

LATE last year, Finance Minister Heng Swee Keat observed that Singapore needs to shift from a value-adding economy to a value-creating economy. His message was clear - while a value-adding focus has served the country well for many years, now is the time to tilt that focus. The finance minister

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