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Firms that do not change will hit 'dead end': Heng Swee Keat

While it is not an easy process, he stressed that making changes later will be 'much harder'

Finance Minister Heng Swee Keat watches as a robot (the arm structure) works on a booster vane assembly during his tour of ST Engineering's aerospace facility on Monday.


COMPANIES must persist in transforming their business operations through technology, and upgrading workers at the same time, to cope with changes, said Finance Minister Heng Swee Keat on Monday.

He acknowledged that the process is not straightforward or easy, but...

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