SINGAPORE: Singapore will step up support for businesses and workers in sectors that are more vulnerable to technological disruptions and global competition, such as general manufacturing, retail and logistics.
This will be a key area of focus for one of the new committees formed to manage the impact of restructuring under the economic strategy review, which replaces the third work stream of the Singapore Economic Resilience Taskforce – set up in April to review longer-term strategies for local firms amid tariff-induced trade tensions.
