Digitalisation the tonic to looming manpower crunch in legacy sectors

With the Budget now behind us, 2 things have become clear: first, the Singapore government remains steadfast in its commitment to strengthening the digital capabilities of our SMEs and, second, there is a limited window of opportunity over the next few years for traditional industries to catch up.

The after-pandemic innovation agenda will take no prisoners, yet there is still an opportunity for Singapore to "establish leading positions" in key markets, as Finance Minister Lawrence Wong put it.

The Advanced Digital Solutions and Grow Digital schemes are good examples of the government leading on digital policy to support business, while at the same time continuing large infrastructure investments in broadband and 6G.