Leading tech firms can help create the future

THE year 2020 began with challenges such as slower economic growth, the unforeseen Covid-19 outbreak and environmental problems. As businesses deal with the immediate challenges, it is encouraging to see a supporting Budget that companies, especially those driven by technology, can immediately access.

Amid the global structural change, fall in economic output and reshaping of supply chains, the Budget highlighted the pathways of growth ahead, particularly by building up enterprise capabilities, deepening the partnerships ecosystem and developing its people. Hence, there is more road ahead for technology-driven companies to work in tandem with the government and contribute strategically to Singapore.

These leading players will have an important role to play in Singapore's technological and economic progress in this new decade and beyond. With their knowledge, resources and network, technology companies are co-creating the future with academia, research institutes and startups and SMEs - innovating new forms of sustainable power and enhancing digital connectivity through digitalisation.