Singapore, Feb. 4 -- Committees tasked with conducting Singapore's Economic Strategy Review (ESR) are urging the Government to take calculated risks and pilot new ideas to protect growth and employment as protectionism and rapid technological change continue to reshape the global economy.
The proposals were unveiled at a recent media briefing chaired by Deputy Prime Minister Gan Kim Yong, Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow, and Acting Minister for Culture, Community and Youth and Senior Minister of State for Education David Neo.
The ministers noted that the global economy is going through a fundamental change where the open trade and investment rules that Singapore has benefited from are gi...