Singapore must venture out to achieve sustained, quality growth: Chun Sing
It must connect with the world, widen its markets and create platforms the world can use, he says
Singapore
AS THE economy matures, Singapore must venture out instead of simply attracting activities here to achieve "sustained and quality economic growth", said Minister for Trade and Industry Chan Chun Sing on Monday.
Beyond looking at gross domestic product (GDP) as a benchmark, Singapore has to focus on gross national income (GNI) as well, he said.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
NTUC aims to do more to support PMEs, who now account for nearly half its membership
Daily Debrief: What Happened Today (Apr 25)
Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)