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East Coast Plan unveiled

Heng Swee Keat

Like This Page · 8 August · Edited ·


Due to safe management measures, the usual parade was scaled-down by half. 600 participants were physically present while more than 200 others joined online in our first-ever ‘hybrid’ parade. The virtual marching contingents include our student uniformed groups and socio-economic organisations. Thank you to all for your contributions!

(MCI Photo by Lim Sin Thai)

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Heng Swee Keat

Like This Page · 8 August · Edited ·

The Feu de Joie executed by our Guard-of-Honour contingents to celebrate our nation’s birthday. Happy Birthday, Singapore!

(MCI Photo by Terence Tan)

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Heng Swee Keat

Like This Page · 8 August · Edited ·

Beautiful shots of the state flag flypast spotted in Bedok and East Coast, captured by residents!

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HSK walkabout at Blk 58 New Upper Changi Road hawker centre.

Heng Swee Keat

3 hrs·

In my recent walkabout at Blk 58 New Upper Changi Road hawker centre, I was glad to see the support for our hawkers. There were orderly queues, as people turned up to takeaway their lunches. The people I spoke to — hawkers, residents, nearby stallholders and shop owners — were all looking forward to the resumption of dining-in today.
Dining-in at hawker centres are allowed for up to 2 people, both vaccinated and unvaccinated. But if you have yet to do so, I would strongly encourage you to get your shots. You can now walk-in for your jab at any vaccination centre without appointment.
As we start a new week, I hope you stay safe and remain vigilant when you are out and about.
#EastCoastCares

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Heng Swee Keat

Like This Page · 3 hrs · Edited ·


While business has been affected by the pandemic, stallholders and residents understand the need to observe safe management measures and look forward to a resumption of more activities.

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Heng Swee Keat

Like This Page · 3 hrs · Edited ·

Glad that many stallholders I spoke to understood the importance of getting vaccinated. I also shared with them about an article I had read recently about a man who regretted not convincing his parents to get vaccinated early after both parents caught the virus (https://str.sg/3Uts)

Do convince your loved ones, especially seniors, to get vaccinated!

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Heng Swee Keat

Like This Page · 3 hrs · Edited ·

Checking on how our other non-hawker stall holders in the market are doing. We are already in the seventh month of the Chinese Lunar Calendar. Do practise safe distancing and stay vigilant when you are carrying out your activities.

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Heng Swee Keat

Like This Page · 3 hrs · Edited ·

Spoke to a customer who shared that she doesn’t usually frequent markets, but had done so this time to support our local florists — bought flowers for her mother’s birthday! Thank you and I wish her good health.

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HSK explains what Singapore, India and ASEAN have in common.

Heng Swee Keat

2 hrs·

What do Singapore, India and ASEAN have in common this week in August?
Well, ASEAN was formed on 8 August. Singapore became independent on 9 August. And India will be celebrating its Independence Day on 15 August. But there is much more that we share in common.
For Singapore and India, our rich historical linkages go back to more than 200 years, when traders and workers from India came to Singapore when a modern trading post was established by the British. Our linkages have since gone from strength to strength.
I was glad to address more than 3,000 business leaders at the Confederation of Indian Industry (CII) Annual Meeting today. I highlighted the potential to collaborate on new areas of opportunities, such as FinTech and sustainability. I also spoke about how India could consider greater economic integration with the region.
To emerge from the pandemic and navigate a more complex and uncertain post-COVID-19 world, Singapore must continue to strengthen our partnerships with countries in the region and around the globe.

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Heng Swee Keat

Like This Page · 2 hrs · Edited ·

Catching up with the Confederation of Indian Industry (CII) Director-General, Mr Chandrajit Banerjee, and Former CII President and Co-Chairman of Forbes Marshall, Dr Naushad Forbes, before the event.

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from straitstimes.com:

India urged to boost economic integration with South-east Asia: Heng Swee Keat​


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SINGAPORE - India should consider greater economic integration with South-east Asia to unlock the country's vast potential, Deputy Prime Minister Heng Swee Keat said on Wednesday (Aug 11).

He highlighted that the region and India have many complementary strengths, adding that the jurisdictions should build on these to restore connectivity and enhance supply chains in the post-pandemic era.

"India has an important role to play in contributing to the diversification of the global supply chain and making it more resilient," said Mr Heng.

"Indian companies have the capability, scale and resources to serve more than just its domestic market, huge as it is."

He was speaking at the opening session of the Confederation of Indian Industry (CII) annual meeting, which was held virtually.

The session was moderated by Dr Naushad Forbes, co-chairman of India-headquartered engineering firm Forbes Marshall and former president of CII.

Mr Heng said it is important for Asean and India to enhance digital connectivity, and reiterated that the door remains open for India to join the Regional Comprehensive Economic Partnership (RCEP) when the country is ready.

The RCEP came into force last November, with Singapore ratifying the agreement in April this year. India pulled out of the partnership in 2019.

The RCEP, which is the world's largest trade pact, involves all 10 Asean members and key partners Australia, China, Japan, New Zealand and South Korea.

Mr Heng noted that Singapore is keen to partner India to better integrate their digital economies and collaborate in new areas like fintech and sustainability.

"As more activities go digital as a result of the pandemic, there is even greater impetus to accelerate our efforts to integrate our digital realms, and enable the more seamless flow of data, services and payments," he said.

One initiative is a partnership between Singapore's Nets and India's National Payments Corporation to facilitate offline and online merchant transactions.

Singapore is pursuing growth in urban solutions and agri-tech, with many opportunities that can be jointly explored by businesses in both nations, he added.

Mr Heng, who is also Coordinating Minister for Economic Policies, highlighted how India has made great strides to improve its business climate and attract foreign investments, rising to 63rd in the World Bank's Ease of Doing Business Index last year. It was ranked 142nd in 2014.

The improved regulatory climate has benefited Indian industries, including its tech sector. The country now has nearly 60 tech unicorns, or start-ups valued at over US$1 billion (S$1.36 billion), such as food delivery player Zomato and payments platform Pine Labs.

India's young population can translate into a significant demographic dividend if it can make the most of new opportunities and equip its people to take on these jobs, he said. "I look forward to the greater momentum for reform, innovation and human capital development in India."

Mr Heng noted that the India-Singapore Comprehensive Economic Cooperation Agreement (Ceca) has benefited the two countries since it was signed in 2005, with growth in bilateral trade.

Singapore has been India's largest source of foreign direct investments in recent years, and India's investment in the Republic has also increased.

The cooperation between the two countries was also reinforced when Covid-19 struck, Mr Heng said, with India keeping the supply chain for essential goods open and Singapore donating medical supplies during India's second wave of infections.

"As we seek to emerge from the pandemic and navigate towards a new normal, Singapore and India can build our strong relationship to even greater heights," he added.

The two-day annual meeting, which is expected to draw about 6,000 guests including India's political and business leaders as well as CII members and partners, ends on Thursday.
 
Heng Swee Keat

Like This Page · 8 August · Edited ·


The iconic state flag flypast. The Republic of Singapore Air Force helicopters also took the flypast over the heartlands. Did you spot them?

(MCI Photo by Terence Tan)

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HSK speaks at the Distinguished Speaker series.

Heng Swee Keat

6 hrs·

Spoke at the Distinguished Speaker series today to commemorate National University of Singapore’s 115th anniversary. NUS has come a long way since its founding to become a world-renowned university.
Throughout history, societies around the world have been faced with challenges. Some societies came out of it better. Others less so. The critical point is whether a society has the adaptive capacity to confront these challenges, and in the process develop new strengths.
I shared how Singapore defied the odds to build the strengths that have given us an edge today — a united society, with a strong social compact and creative capacity. There is nothing intrinsically enduring about these strengths. As quickly as these strengths have blossomed, they can also wither if we do not adapt.
To create a better future, we must build on these strengths. These strengths emanate from every one of us. To cultivate our sense of unity, we must embrace harmony in diversity. To grow our creative capacity, we must remain open to the world. To reinforce our social compact, we must each be prepared to play a part. Above all, we must commit to growing new strengths. If we do these well, the future will be bright for Singapore and for NUS.
You can read my speech here: https://go.gov.sg/13aug-nus115

#NUS115
#ShapingTheFuture

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Heng Swee Keat

Like This Page · 7 hrs · Edited ·

Spoke to some students from NUS Students' Union. Huiyi (in grey) shared that she is interested in green financing. I humbly provided her with some tips and guidance.

(From left: Lim Huiyi, Vice President-Internal; Ng Terry, Financial Secretary; Wee Su-Ann, President.)

(MCI Photo by Lim Sin Thai)

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Heng Swee Keat

Like This Page · 8 hrs · Edited ·


Thank you, National University of Singapore for organising the session. The hybrid session saw some 40 guests onsite and over 660 attending virtually. You can catch up on the Distinguished Speaker series here: www.nus115.sg

(From left: Mr Hsieh Fu Hua, NUS Chairman, Board of Trustees and Professor Tan Eng Chye, NUS President)

(MCI Photo by Lim Sin Thai)

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from straitstimes.com:

Handle differences in race and religion with humility, forbearance, Heng Swee Keat says at NUS forum​


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SINGAPORE - The ability to handle differences with humility and forbearance is what bolsters unity in Singapore and contributes to one of the country's greatest strengths, said Deputy Prime Minister Heng Swee Keat on Friday (Aug 13).

This is especially the case when engaging with the deep and emotive issues of race and religion, he added.

"It is useful to appreciate that we not only have different opinions on these issues, but also different ways to approach them," Mr Heng said at a forum on shaping the country's future, organised by the National University of Singapore (NUS).

He urged Singaporeans to be humble enough to recognise and correct their biases and blind spots on matters like race.

And when they call out transgressions, they should also have the humility to not assume the worst of every action and comment, he said.

People should also exercise forbearance when engaging with others on such topics, Mr Heng added.

"Progress cannot be made by advocating loudly for a single viewpoint. We should instead seek out the different perspectives and expand the space for convergence."

Doing so will contribute to the "precious, but fragile" unity here, which is one of the country's greatest strengths, he said.

Mr Heng was speaking at the NUS115 Distinguished Speaker Series, organised as part of the university's 115th anniversary celebrations.

In his speech, the minister highlighted three of Singapore's strengths - its sense of unity forged through "careful nurturing", its creative capacity which must thrive in an open economy, and its social compact built through a collective effort.

He noted that recent incidents have shone a spotlight on racial harmony in Singapore and made clear that Singaporeans desire to do better as a society on this front.

But as with most social issues, there are different ideas on how progress can be made. That means discussions should take place "frankly but sensitively", he said, pointing out that older generations of Singaporeans have a different lived experience from young people today.

Young people who did not experience the chaotic years of Singapore's independence are generally better educated, with more exposure to global events and trends, Mr Heng said. They tend to be more comfortable expressing their thoughts on race and religion openly, especially on social media.

"I hope that the sense of unity that we have built so far will stand you well," he added. "I am confident that you will grow this further, if you continue to approach these issues with humility and forbearance."

Turning to the issue of creativity, Mr Heng spoke of how early generations of Singaporeans were creative in bucking conventional wisdom to forge their own paths, which helped the economy take off.

In doing so, they were open to the world - just as Singaporeans must be today.

The rise of remote work means that foreigners do not have to be in the country to compete with its citizens, Mr Heng said.

"The reality is that it is not possible to 'bubble wrap' our workers from foreign competition and still expect to succeed," he added. "It would be increasingly difficult, if not impractical, to confine opportunities by geography."

Instead, the country is working to transform its economy and equip its people for new opportunities, emphasising research, innovation, jobs and skills.

While there is room to adjust foreign manpower policies, Singapore cannot close its doors, Mr Heng stressed.

"We must not box ourselves into a false choice. Instead, we should embrace both openness and equip our people with the experience and skills to succeed. This is how we will thrive in a rapidly evolving world."

On the topic of Singapore's social compact, Mr Heng highlighted three groups of people for whom more needs to be done.

These are low-wage workers, the elderly and those with mental health issues. In each case, the wider community plays a role in helping to meet their needs.

For instance, employers must help low-wage workers upskill. Consumers must be prepared to pay a little more to improve their wages.

And every individual has a role to play in helping seniors remain actively engaged and supporting others' mental well-being, he said.

"A stronger social compact requires a collective societal effort," Mr Heng said. "We must continue to strengthen this. Increasingly, this will have to go beyond government measures and redistributive policies."
One common thread running through these three strengths is that each individual plays a part in building a better future, the minister observed, highlighting two incidents he encountered as a young policeman.

In the first, he visited scenes affected by the 1981 Brixton riots in the United Kingdom in a reinforced vehicle, as animosity was so great that trust between the authorities and people had broken down.

In the second, he saw in the early 1980s how Japan's koban system established police officers as part of the communities they were stationed in.

"This goes beyond policing," Mr Heng said. "If relationships can be built up over time, if people care for one another, they will look out for each other, and we will have a more cohesive society."

But the minister also warned that Singapore's strengths can decline as quickly as they have blossomed if the country does not adapt to changing circumstances.

"To have a better future, we must build on these strengths, and be prepared to grow new ones," he said. "Our ability to adapt depends on whether we can harvest lessons from our past, tend to the present, and seed the future."
 
Heng Swee Keat

Like This Page · 9 hrs · Edited ·


With Ms Natalie Anjasari Gordon (in black), NUS undergraduate and Associate Professor Suzaina Kadir, Vice Dean (Academic Affairs), Lee Kuan Yew School of Public Policy.

(MCI Photo by Lim Sin Thai)

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from straitstimes.com:

Not possible to 'bubble wrap' S'poreans from foreign competition, especially with rise of remote work: DPM Heng​


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SINGAPORE - In the coming years, millions of university graduates in Asia alone will be added to the global talent pool, alongside the accelerating pace of technological change and disruption.

Against this backdrop, "the reality is that it is not possible to 'bubble wrap' (Singapore's) workers from foreign competition and still expect to succeed", said Deputy Prime Minister Heng Swee Keat on Friday (Aug 13).

Compounding the matter is the normalisation of remote work due to the Covid-19 pandemic, and the recognition that "working from home" is just one step away from "working from anywhere".

"Employers can easily seek out the best skilled workers from all parts of the world… This means foreigners do not have to be in Singapore to compete with us," said Mr Heng. "It would be increasingly difficult, if not impractical, to confine opportunities by geography."

Mr Heng made these points in a pre-recorded speech at a forum on shaping the future of Singapore, the last in a series organised to celebrate 115 years of the founding of the National University of Singapore (NUS).

Mr Heng then took to the stage in-person for a virtual dialogue with NUS staff, students and alumni. He was asked by moderator Suzaina Kadir, an associate professor and vice-dean of academic affairs at NUS' Lee Kuan Yew School of Public Policy, how students about to enter the workforce could prepare themselves to be truly global.

The key lies in having a mindset orientated towards qualities of confidence, humility and openness, said Mr Heng, who is also Coordinating Minister for Economic Policies.

"Confidence in ourselves, in what we can do and in how we can equip ourselves as best as we can to emphasise our creativity, imagination, ability to do some good," he said.

"But, at the same time… you have to combine confidence with that humility to learn to be able to work with others. In particular, there will be many different ways of doing things, and we must not assume that our way is the best way."

Mr Heng added: "Singaporeans venturing out need to have this mindset where we see what we can contribute to causes, and what it is that we bring to and can learn from the discussion. That process, I think we can do a lot better."

Earlier, during his speech, he described how Singapore's founding generation had been creative in forging its own path and bucking conventional wisdom.

"We welcomed MNCs (multinational corporations) to invest here, when critics saw MNCs as the new colonialists. These investments went on to propel our rapid growth," said Mr Heng. "We developed a new airport in Changi, against the advice of external consultants, which gave us an outsized presence on the world map."

The common thread here was Singapore's openness to the world. The Republic would not have succeeded if it had insulated itself, he noted.

But the DPM added that embracing openness did not mean leaving Singapore's companies and people to fend for themselves.

He pointed to initiatives such as Industry Transformation Maps - now being refreshed for a post-pandemic world - alongside research, innovation and support for start-ups. Efforts in the SkillsFuture movement and in retraining and upskilling are also being ramped up.

"There is certainly room to adjust our foreign manpower policies. And there is scope to strengthen our laws on fair treatment at the workplace," Mr Heng said. "But closing our doors is ineffective and provides a false promise of security."

He cautioned against Singaporeans "boxing" themselves into a false choice.

"Instead, we should embrace openness and equip our people with the experience and skills to succeed," said Mr Heng. "This way, our workers can remain confident about their position in the world, and know that they can continue to make a difference - not just when they are fresh out of school, but throughout life."

"This is the best way for Singapore and Singaporeans to continue thriving in a more interconnected, interdependent and technologically advanced world."
 
from theonlinecitizen.com:

Heng Swee Keat: Port cranes can be remotely operated by foreign tech outside SG; they don’t have to be in SG to compete with you​


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At a public forum organized by the National University of Singapore (NUS) yesterday (13 Aug), Deputy Prime Minister Heng Swee Keat told everyone that it’s not possible to “bubble wrap” Singaporeans from foreign competition.

He said that in the coming years, the entry of millions of university graduates each year in Asia alone will add significantly to the global talent pool. The pace of technological change will further accelerate, quickening the pace of disruption, he added.

“The reality is that it is not possible to ‘bubble wrap’ our workers from foreign competition and still expect to succeed,” Heng said.

“The COVID experience of working from home, has made remote work more commonplace now. But ‘working from home’ is just one step away from ‘working from anywhere’. And if workers can work from anywhere, employers can easily seek out the best skilled workers from all parts of the world.”


“Even more physical jobs – such as port crane operators – can now be done remotely, in the comfort of a control room. And the control room can possibly be located thousands of miles away. This means foreigners do not have to be in Singapore to compete with us,” he added.

In other words, Heng is saying, for example, the Port of Singapore Authority (PSA) could easily hire crane operators in third world countries and have them operate those port cranes on Jurong Island to move containers off the ships. The good thing, of course, would be that PSA only needs to pay those operators in third world wages, if Heng’s vision was to be realized.

Heng also talked about being open to the world. “We would not have succeeded if we had insulated ourselves. As a land-constrained nation, with no natural resources, we had no other choice,” he said.

“Our openness to the world enabled us to ride the wave of globalisation. Salaries improved, job opportunities grew, and Singapore became a vibrant city full of energy and ideas.”

Retraining and upskilling Singaporeans

At the forum, he promised to help transform Singapore companies and equip Singaporeans to take on new opportunities.

“We are putting an even greater focus on jobs and skills – growing the SkillsFuture movement, and strengthening our tripartite effort on retraining and upskilling,” he said.

But he cautioned against closing Singapore’s doors to foreigners, “There is certainly room to adjust our foreign manpower policies. And there is scope to strengthen our laws on fair treatment at the workplace. But closing our doors is ineffective and provides a false promise of security.”

“We must not box ourselves into a false choice. Instead, we should embrace both openness and equip our people with the experience and skills to succeed – this is how we will thrive in a rapidly evolving world,” he added.

Heng shared that Singapore’s investment in education has enabled Singaporeans to take on the better jobs that came with investments, and better pay.

Addressing those freshly graduated NUS students in the audience, he said, “Your future is brimming with promise. Your education is preparing you well. Your multicultural upbringing gives you a great advantage in a diverse world.”

“I urge all of you to make the best of the opportunities out there, and unleash your creative capacity. Think beyond just ourselves, but also how we can make a difference to the world. This is the best way for Singapore and Singaporeans to continue thriving in a more inter-connected, inter-dependent and technologically advanced world.”

At the end of Heng’s speech, the forum moderator asked him how students about to enter the workforce could prepare themselves to be truly global.

The key lies in having a mindset orientated towards qualities of confidence, humility and openness, said Heng. “Confidence in ourselves, in what we can do and in how we can equip ourselves as best as we can to emphasise our creativity, imagination, ability to do some good,” he replied.

Ex-NUS graduate writes to Heng and clique asking for help to get job

Meanwhile, some NUS graduates have ended up as Grab drivers, trying to eke out a living.

Former NUS graduate Philip Wen had worked in the finance industry for many years. In fact, his last job was with the American Investment Bank, Jefferies Group, according to the information on his Facebook page.

He was out of work for awhile and in his desperation to secure a job back in the finance industry, he wrote an email to Prime Minister Lee Hsien Loong, Heng, Iswaran and Goh Chok Tong.

“Over several years, I have applied for senior and mid-management and even junior roles in Banking, E-commerce, Compliance, Treasury, AML, Fixed Income, Regional Sales. I spoke with numerous headhunters, applied via online portals like Indeed, Jobscentral, Monster, and even our own MyCareersFuture.sg. Not even a single HR officer would even bother responding to my applications for training in a new field while being subsidized by the government. Not even a short-term contract of 6 months would be entertained,” he said.

“I am a Singaporean. Law-abiding, paid my taxes, served my country, and raising 3 children still. I am a graduate of NUS and have worked in Banking, Finance, Treasury, and Sales since graduating.”

In fact, Mr Wen was more than happy to go work in India.

“After reading that the CECA (India–Singapore Comprehensive Economic Cooperation Agreement) agreement you helped create also allows Singaporeans to find employment in India, I am hopeful that with your robust relationship with India, I am able to find something to do in India. I will work in India with the same equitable conditions that Indians are given working in Singapore,” he wrote.

“By helping me find a job in India or help point me in the right direction, your department can provide some trickle of data showing that this CECA policy is not just a one-way movement of employees but a two-way flow albeit a lobe sided one.”

“At the grassroots level, many fellow Singaporeans believe that our senior ministers have lost their way in governing us. That many policies have driven us to Johor for our daily needs and even medical care. Please listen to us for once.”

According to data provided by the United Nations Population Division shows that the number of Singaporeans based in India had not increased since the signing of CECA in 2005 but in fact decreased.

Non-Constituency Member of Parliament, Mr Leong Mun Wai of the Progress Singapore Party (PSP), had asked the Minister for Trade and Industry in July about how many of the 97,000 locals hired by Singaporean companies with investments in India are new jobs that can be attributed to the signing of CECA and how many are existing jobs that are re-designated.

In a written reply, Minister for Trade and Industry Gan Kim Yong said that this specific data is not available as “companies consider multiple factors before they hire new employees, define job scopes, or re-designate existing positions”.
 
HSK happy to see residents sharing their good wishes.

Heng Swee Keat

12 hrs·

“Wishing for health, happiness and harmony for all beloved Bedok residents!”
This was just one of the many heartfelt wishes by residents on the Bedok Together display next to Blk 16 hawker centre. The display is part of our National Day decorations for the estate.
I’m happy to see many residents sharing their thoughts and well-wishes with everyone. I hope that this draws us closer as a community by reminding us of all the things we have in common, whether it be shared aspirations or difficulties so let’s stay united and overcome our challenges together.
I thank our volunteers and residents who have contributed to the National Day decorations around our estate. If you spot any of them, do share your photos with everyone here — what makes your heart go Bedok-Bedok?

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