SINGAPORE (Aug 3): In a fast-changing and unpredictable world, Singapore companies and workers must always be ready to embrace change, lifelong learning and a never-say-die spirit in order to survive and thrive.

This was the message put across by Finance Minister Heng Swee Keat in his keymote speech at the Economic Society of Singapore (ESS) Annual Dinner at the Mandarin Orchard Singapore Grand Mandarin Ballroom on Wednesday night.

Heng says the Committee on the Future Economy (CFE) has already identified ageing population, slowdown of productivity growth and impact of technology, as well as the rise in emerging economies as some of the long-term trends that could have a profound impact on a small, open economy like Singapore’s.

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