Singapore: an upbeat new year’s message

DAVOS/SWITZERLAND, 26JAN12 - Lee Hsien-Loong, Prime Minister of Singapore is captured during the session 'The Outlook for East Asia' at the Annual Meeting 2012 of the World Economic Forum at the congress centre in Davos, Switzerland, January 26, 2012. Copyright by World Economic Forum swiss-image.ch/Photo by Moritz Hager

Singapore prime minister Lee Hsien Loong delivered an upbeat new year’s message. On the political front a younger team is in place to take over the leadership after Lee who plans to step down in 2021. Poised to be the next prime minister is current finance minister Heng Swee Keat. Economically, Singapore has posted a 3.3 per cent growth. This is above expectations given the global economic slowdown caused by us-China trade war and protectionist trends. Healthwise, Singapore is offering citizens quality care and facilities. More polyclinics are being built. Government also provide healthcare subsidies and will unveil a Merdeka generation package for those born in 1950s.

 

 

This is in addition to the Pioneer generation package for those born in and before 31 December 1949. In education, there will be less focus on exams and academic grades. Students will be tracked for all round achievements. More preschools will be open to give children early start in studies. In transport, new mass rapid train services will be ready this year. Tuas mega port and Chang airport terminal 5 will also be opened. Public housing will be upgraded under new schemes to enhance living environment and value of apartments. In external relations, Singapore enjoys good relations with indonesia and both nations have increased trade and investments. But ties with Malaysia have become tense following a row over maritime boundaries and airspace.
Singapore is also concerned about the US – China rivalry especially over Beijing’s territorial claims over the South China Sea. Singapore has expressed concerns of being forced to take sides. This will impact on an open and connected global world order. On a positive note singapore as Asean chair in 2018 had made headway in strethening regional collaboration in cyber security. A platform has also been created for ASEAN member nations to work together via the ASEAN Smart Cities Network.

 

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