Singapore, Sept. 23 -- Singapore aims for economic growth of between 3% and 4% over the decade - a pace comparable with advanced economies such as New Zealand, Sweden, and Switzerland, Deputy Prime Minister Gan Kim Yong told the Parliament on September 22.
Gan, who is also Minister for Trade and Industry, said there are opportunities to raise productivity through technology and to grow higher value-added industries such as precision medicine and artificial intelligence (AI).
However, he cautioned that boosting growth will not be easy, given the deteriorating global trade and economic environment as well as challenging domestic trends. He called for a new economic blueprint to steer Singapore forward in a changing world.
Singapore's workf...