Keep calm and carry on

What measures, if any, are needed as Singapore seeks to tackle the economic slowdown?

Victor Mills Chief Executive Singapore International Chamber of Commerce

All businesses in Singapore need to stay the course whatever headwinds come our way. That means keeping focussed on collaborating to innovate, employing technology whenever possible, developing the skills and capabilities of leaders and employees to better serve and retain customers. More businesses need to take advantage of the terms of the free trade agreements (FTAs) which the government has negotiated on their behalf. Utilising FTAs will help mitigate supply chain disruptions and reduce business costs. If the headwinds are particularly strong you can be sure the government will intervene with appropriate help. For now, keep calm and carry on.