Economic Society of Singapore

Opportunities and Challenges in the Next Phase

Economic Society of Singapore Annual Dinner 2012
In conjunction with the Essay Competition Prize Award Ceremony

“Opportunities and Challenges in the Next Phase of Singapore’s Development”

Attended by over 650 key policy makers, businessmen, bankers, professionals, academics and ESS members, the ESS Annual Dinner was held on 8 th June 2012 at the Shangri-La Hotel, with Singapore’s Prime Minister Lee Hsien Loong gracing the event as the Guest-of-Honor.

Opening Remarks by Professor Euston Quah, ESS, President
Click here to download the Opening Remarks
Speech by Mr. Lee Hsien Loong, Prime Minister, Republic of Singapore
Click here to download PM’s Speech
Click here to download Accompanying slidesClick here to watch the speech video
In the delivery of his keynote speech on “Singapore’s Future Among the Leading Global Cities”, he had a good discussion on Singapore’s progress over the past decade, and where Singapore is heading over the next 20 years.“Our economy has grown faster than expected, but that has brought stresses and strains which we feel in our daily lives. Singaporeans are also anxious over competition and job security. We are working hard to address these concerns and improve Singaporeans’ lives.In 20 years’ time, we hope Singapore will be one of the leading cities in the world. Our economy needs to be vibrant and strong to create opportunities for our people, and generate resources to invest in ourselves. Every Singaporean should benefit from growth. We will do our utmost to help all citizens through education and upgrading. We will also strengthen our social safety nets. Government will spend more on social programmes, such as affordable healthcare, support for low income households, and help for the elderly. But more important than spending more, we must foster self-reliance, keep ourselves competitive, and grow the pie so there is more to share. Singaporeans must make sensible choices together, to build a brighter future for ourselves and our children”. (LHL)
Question and Answer

Click here to watch video