Singapore's President S R Nathan said on Monday that the government's immediate priority is to see Singapore through the economic crisis.
Speaking at the opening of the second session of the eleventh Parliament, Nathan said the best strategy is still to help companies to stay viable and continue employing workers.
"We must keep up the effort to up-skill and re-skill our workers to become more employable and productive, in a changing economy," he said.
He said that sustaining economic growth will always be a high priority for the government, adding that the country's basic approach to promoting growth remains sound, which is to stay competitive, upgrade the people, develop new capabilities, and create an outstanding pro-business environment.
But he noted that the government will need to review specific strategies for growing different sectors of the economy, to adapt to the changed environment.
"We will have to develop new markets, adapt to changing trends and master new capabilities in manufacturing, services and other emerging industries." Nathan said.
Source: Xinhua
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