Singapore Budget 2015 - #7
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- Category: Singapore News
Singapore Budget 2015 will invest in infrastructure to meet our future economic and social needs. The Government will:
- Embark on the development of Changi Airport’s new terminal, Terminal 5, to keep its place as a leading hub for international transit
- Improve our public transport
- Develop our heartlands into vibrant homes and communities
- Expand every dimension of our healthcare system
Source: MOF #SGBudget2015
Singapore Budget 2015 - #6
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- Category: Singapore News
Singapore’s economic and social culture must evolve for us to achieve this transformation towards deep skills and innovation. All stakeholders – individuals, employers and industries – play a role in this process.
As individuals, we have to move beyond grades and qualifications, towards wanting to master what we do at work, and gain satisfaction from it. We must also develop a culture of mentorship and knowledge-sharing.
Employers must recognise that people are their biggest opportunity. They must look for and develop the potential in their people.
In industry, we need a new, collaborative culture, to take Singapore’s skills to a much higher level. This will be especially critical to developing capabilities among our SMEs, who individually often lack the capacity to attract and train people.
Source: MOF #SGBudget2015
Singapore Budget 2015 - #5
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- Category: Singapore News
The Singapore Budget will help Singaporeans build deep skills and advanced capabilities, to compete internationally and help Singaporeans do well in a world that is being digitised and transformed by technology.
Singapore has to focus on areas in growing demand and where Singaporeans have the capacity to excel. We are well positioned to be amongst the leaders in Asia or globally in five growth clusters:
- Advanced Manufacturing
- Applied Health Sciences
- Smart and Sustainable Urban Solutions
- Logistics and Aerospace
- Asian and Global Financial Services
Through SkillsFuture, we will help Singaporeans learn at every age, and develop mastery and flair in every field.
Source: MOF #SGBudget2015
Singapore Budget 2015 - #4
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- Category: Singapore News
Budget 2015 is focused on building Singapore’s future. Our next frontier is an economy alive with innovation and deep skills in every job, and a society that is fair and just.
To achieve this vision, the Singapore Budget takes major steps in four areas:
1. Invest in skills of the future and empower every individual to learn and develop through life
2. Restructure our economy and support the next generation of business success by promoting innovation and internationalisation
3. Invest in economic and social infrastructure for the future,
4. Strengthen assurance in retirement and enhance support for middle-income families
Source: MOF #SGBudget2015
Singapore Budget 2015 - #3
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- Category: Singapore News
At the heart of Singapore’s transformation has been our people, who have been attaining higher education qualifications over the years. This has enabled better jobs and transformed living standards for Singaporeans.
Incomes in Singapore have fortunately continued to grow in the last decade, for both median and lower income households. But Singapore faces intense global competition and the forces of technology that are challenging a growing range of jobs. We must stay the course in restructuring our economy, lift productivity and develop and new capabilities. That is the only way we can sustain income growth and meet aspirations for higher standards of living in the years to come.
Source: MOF #SGBudget2015
