Federation of Industry and Commerce: New Cabinet achieves a good balance between continuation and innovation

The statement pointed out that key departments such as finance, diplomacy and trade and industry continue to be helmed by experienced ministers, which will help ensure the continuity and consistency of policy directions. At the same time, the additi...


The statement pointed out that key departments such as finance, diplomacy and trade and industry continue to be helmed by experienced ministers, which will help ensure the continuity and consistency of policy directions. At the same time, the addition of the new minister lays a solid foundation for the handover and renewal of the leadership in the future.

The Singapore Business Federation issued a statement on Thursday (May 22), congratulating Prime Minister Wong Xuncai on his successful formation of a new government cabinet, and pointed out that the new cabinet has achieved a good balance between continuity and innovation, which will help Singapore maintain stability in an environment of continued uncertainty in the global economy.

The Federation of Industry and Commerce also expressed its hope to strengthen cooperation with the ministers of the new cabinet to jointly enhance the resilience and long-term competitiveness of our country's economy.



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