SINGAPORE, April 30 — While Singapore can be “cautiously optimistic” about its immediate economic prospects as it emerges from the Covid-19 pandemic, Prime Minister Lee Hsien...
SINGAPORE, April 30 — While Singapore can be “cautiously optimistic” about its immediate economic prospects as it emerges from the Covid-19 pandemic, Prime Minister Lee Hsien Loong has warned that the external environment remains “volatile” and “fraught with serious geopolitical tensions”.
Passenger traffic at Changi Airport has reached around 80 per cent of pre-pandemic levels, and will rise further as international connectivity is progressively restored, he said. This will mean doing more to professionalise skilled trades to “create more pathways to success”, and to improve career planning support for Singaporeans.
The multilateral trading system, he said, is being progressively undermined by growing nationalist and protectionist sentiment, affecting international trade and co-operation. Said Lee: “This will cause disruptions to some existing jobs, but at the same time it will create new jobs with better prospects for the future.”
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