Greater focus on innovation crucial for Singapore's future, says DPM
He was speaking at an innovation competition for startups; MIT and University of Melbourne bag prizes in their categories
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Singapore
SINGAPORE will put an even greater focus on innovation and partnership in the next phase of development, said Deputy Prime Minister Heng Swee Keat at the grand finals of the Lee Kuan Yew Global Business Plan Competition on Friday.
Speaking at the 10th edition of the biennial competition for startups organised by the Institute of Innovation and Entrepreneurship (IIE) of the Singapore Management University (SMU), he said at the virtual event: "Innovation is critical to how Singapore, a city state with no natural resources, grows and develops our economy, and strengthens our social fabric."
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