SINGAPORE – As an advanced economy with a small labour force that already sees high employment levels, it is an “economic imperative” that Singapore relies on productivity to drive economic growth moving forward, said Deputy Prime Minister Lawrence Wong. Read more at straitstimes.com.
SINGAPORE – As an advanced economy with a small labour force that already sees high employment levels, it is an “economic imperative” that Singapore relies on productivity to drive economic growth moving forward, said Deputy Prime Minister Lawrence Wong.
Mr Wong, who is also Finance Minister, was one of three panellists in The Straits Times-The Business Times Budget 2023 Roundtable held on Monday. It was moderated by ST associate editor Vikram Khanna. The scheme offers more tax deductions, among other benefits, to encourage continued investments in innovation by companies here.
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