Tharman: We are not doing ‘too badly’ as of now
Posted by temasektimes on August 11, 2012
Speaking on the sidelines of a community event, Mr Tharman noted that Singapore’s growth forecast for this year is narrowed to between 1.5 and 2.5 per cent, from 1 to 3 per cent.
“We’ve got to keep our minds focused on building competitive strengths for the medium to long term…skills, capabilities, making sure that investments in new growth areas do come in. And we’re not doing too badly from that regard,” he added.
Mr Tharman said that despite the uncertain economic outlook, investor interest in Singapore is still ‘very strong’ because they see us as a ‘system’ that works well together.
“Everything – from the education system, the trading system as well as the way in which our industrial strategies are organised – it’s still a big plus for Singapore.”