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Singapore announces $24 bil plan to transform businesses and workers over next three years

Lim Hui Jie
Lim Hui Jie • 6 min read
Singapore announces $24 bil plan to transform businesses and workers over next three years
To help companies to transform and adapt to a post Covid-19 world, Singapore has unveiled a $24 billion plan to help companies
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To help companies to transform and adapt to a post Covid-19 world, Singapore has unveiled a $24 billion plan to help companies emerge stronger from the pandemic.

In his Budget speech on Feb 16, Deputy Prime Minister Heng Swee Keat said this was important as the pandemic has triggered global shifts on the economic, social and political fronts “on a scale arguably greater than the 1929 Great Depression.”

The pandemic has “set off new domains for competition and cooperation” and also accelerated technological advances.

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