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East Coast Plan unveiled

HSK saw familiar faces. :biggrin:

Heng Swee Keat

Yesterday at 00:00 ·

Saw many familiar faces, including those who worked on the economic landscape in Singapore! Glad to see economist Prof Lim Chong Yah who attended with his wife.

(MCI Photo by Liu Ying)

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HSK wants to support SMEs. :wink:

Heng Swee Keat

Yesterday at 17:00 ·
Many of our SMEs here may not be household names yet. But we have a growing group of successful SMEs that are building deep capabilities and growing their global footprint, across diverse sectors such as food services, retail, technology and healthcare.
Around the world, it is not easy for SMEs to scale. They may not know how to access new markets, and hiring talent is always a challenge. In Singapore, we are doing more to support their growth journey. In 2019, Enterprise Singapore launched the Scale-up SG programme to help fast-growing, promising Singapore companies accelerate their growth.
I was happy to join these companies at the inaugural Scale-up Ignite event today, where the companies shared lessons about their transformation journeys. 65 companies have participated in Scale-up SG so far. Most of them joined just before COVID struck or in the last two years. Today was the first time that they were able to all come together physically to share their learning! We could all sense the excitement in the air.
I am glad that our entrepreneurs have a new mindset, on how they can learn from each other and the best around the world and to solve common challenges and pursue opportunities together, even as they compete to provide distinctive value to their customers. I look forward to even more companies embarking on their growth journey!
 
HSK poses with many people. :biggrin:

Heng Swee Keat

Yesterday at 17:00 ·

With Enterprise Singapore Chairman and Scale-up CEOs. Many of them shared similar challenges in their journey, so I’m glad that they have a platform like Scale-up to support and help them seize opportunities!

[L-R]
(front row) Peter Ong, Chairman, ESG; Chin Wei Jia, Executive Director & Group CEO, HMI; Declan Ee, Co-founder, Castlery; Bryan Tan, CEO, Ascentis;

(back row) Zhou Lihan, Co-founder and CEO, MiRXES; Jackson Aw, Founder and CEO, Mighty Jaxx; Kelvin Lim, Group CEO, Durapower HOldings; Eric Leong, Co-founder and Managing Director, MLION Corporation; Kelvin Wee, CEO, Patec Group

(MCI Photo by Ngau Kai Yan)

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HSK had an insightful session. :wink:

Heng Swee Keat

Yesterday at 17:00 ·

Be open minded, focused, and realistic about what can be achieved. These were some of the advice shared by CEOs who have gone through the Scale-up programme. It was an insightful sharing session with many takeaways for the audience.

[L-R] Declan Ee, Co-founder, Castlery; Chin Wei Jia, Executive Director & Group
CEO, HMI; Zhou Lihan, Co-founder and CEO, MiRXES; Joongshik Wang, Managing Partner, EY Parthenon ASEAN (Scale-up SG Anchor Partner); Moderator: Diaan-Yi Lin, Senior Partner, McKinsey (Scale-up SG Anchor Partner)

(MCI Photo by Ngau Kai Yan)

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HSK met Declan. :wink:

Heng Swee Keat

Yesterday at 17:00 ·

Declan Ee, Co-founder of Castlery, a furniture lifestyle brand shared how the company benefited from the programme and how it helped them to scale-up and expand its operations overseas.

(MCI Photo by Ngau Kai Yan)

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HSK met "Optimus Prime". :biggrin:

Heng Swee Keat

4 hrs ·
I met “Optimus Prime” today — not the Transformers robot, but a fully automated DNA sequencing reagent machine built here in Singapore by Illumina, Inc.! I was there to witness the partnership ceremony between Precision Health Research Singapore (PRECISE) and Illumina, Inc, as we seek to transform precision medicine in Singapore.
Precision medicine is about providing targeted care and treatment for individuals, based on their genetic, lifestyle and clinical data. To develop precision medicine, we need a sufficiently large and representative database of our population. So we embarked on SG100K – to recruit 100,000 Singaporean volunteers for a multi-ethnic, longitudinal cohort study.
This partnership is important to generate the whole genome data for each SG100K participant. By joining forces and tapping on each other’s strengths and expertise, we are better placed to deliver on our shared ambitions for a healthier Singapore, and to demonstrate the value of precision medicine in Asia.

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Who is the lady on the right of HSK? :geek:

Heng Swee Keat

5 hrs ·

Witnessing how the genome sequencing process is done. An interesting fact is that more than 90% of the world’s sequencing data is generated using Illumina instruments, and many of their machines are actually produced here in Singapore!

(MCI Photo by Lim Sin Thai)

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Is that the same lady on the right of HSK............... again? :unsure::geek::biggrin:

Heng Swee Keat

6 hrs ·

Congratulations to Precision Health Research Singapore (PRECISE) and Illumina, Inc. on your partnership!

(MCI Photo by Lim Sin Thai)

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from straitstimes.com:

Asean in good position to seize major shifts in future of work: DPM Heng​


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SINGAPORE - Asean is in a good position to contribute to, as well as benefit from, major shifts affecting the future of work such as the green transition, digitalisation and resilience of supply chains, said Deputy Prime Minister Heng Swee Keat.

“The future of work is intrinsically linked to the future economy,” he said, speaking virtually at the hybrid HR Tech Festival Asia 2022 and the opening of the Asean Future of Work Conference on Thursday (May 12).

For instance, South-east Asia can be alternative bases for advanced manufacturing to strengthen supply chain resilience. The region's blue carbon stock also has potential to create nature-based solutions for carbon removal.

DPM Heng added that there is a need for countries to ride the next skills wave to take advantage of these new business opportunities. While computer science and digital skills are part of the first wave, the next wave comprises green skills.

"In the past decade, the digital wave came upon us in a big way. The digital economy is now a key engine of growth," he said, adding that numerous digital tech companies have emerged, creating many good jobs and occupations, some of which were previously unheard of.

Many hawkers and micro-enterprises have also gone digital, showing how digital skills are now foundational to many jobs.

Countries should now seize the emerging green wave, said DPM Heng.

"Sustainability is an emerging engine of growth that is taking on greater momentum, and much more still needs to be done before countries can meet their net zero goals."

Just like digital literacy, green literacy may become a foundational skill for jobs of the future, with more green-collar jobs being created in more mature fields, such as sustainable finance and solar management.

There are also green-collar jobs being created in emerging areas such as hydrogen and tidewater architecture.

Green skills will continue to be defined and developed in the coming years, said DPM Heng, and it may be some time before a wider range of training pathways and appropriate salary premiums settle.

To ride the different industry waves, stakeholders like companies, workers and governments need to work in collaboration, he added.

The workforce will also need to collectively adapt to the changing construct of work, with evolving social norms and preferences of workers as a result of the Covid-19 pandemic.

While flexible workplaces are now here to stay, arriving at a hybrid work environment will require supervisors to ensure that business outcomes are not compromised and that such arrangements are not abused, said DPM Heng.

"To transition well, there needs to be mutual understanding, and some give and take between employers and workers... the shift towards greater flexible work arrangements will take time, and some iteration," he added.


Protection and social security will also have to be improved for platform workers, whose numbers have increased significantly due to the boom in e-commerce and food delivery.

For young job seekers, career guidance has to be strengthened, said DPM Heng.

"We will need to help them look beyond the more attractive take-home pay in the near term, and explore other pathways that could better nurture their skills and provide better livelihoods in the longer term," he said.

The Asean Future Of Work Conference is now in its third run, and took place as part of the HR Tech Festival Asia, which started on Tuesday and will run till Friday.

Speakers from regional governments, unions and the private sector took part in panel discussions on current work-related topics, such as the adoption of artificial intelligence, flexible work arrangements and the strengthening of labour protection for platform workers like delivery workers, private-hire car drivers and taxi drivers.

The platform economy has grown significantly due in part to a boom in e-commerce and food delivery, said DPM Heng, underscoring the need to improve platform workers’ protection and social security.

Dr Uma Rani, senior economist at the research department of the International Labour Organisation, said there are platforms that classify their workers as self-employed, even though they should be classified as employees.

She was speaking at a panel discussion on strengthening labour protection for platform workers.

“Because of that classification, a lot of labour and social protection benefits are not accrued to the platform workers,” she said.

Ms Yeo Wan Ling, director of NTUC U Women and Family and U SME, said there is also a need to ensure that employees get fair consideration for promotions and bonuses, even with flexible work arrangements.

“Hopefully, through advocacy and tripartite partnerships with employers and the Ministry of Manpower, we can come up with more clarity for guidelines for measurements and key performance indicators to ensure fair treatment,” said Ms Yeo during a panel discussion on successful flexible work arrangements.
 
from straitstimes.com:

Covid-19 brings families closer but there are changes in family structures: DPM Heng​


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SINGAPORE - Although the Covid-19 pandemic has taken its toll on the lives and livelihoods of many, one silver lining is how it has brought many families closer, said Deputy Prime Minister Heng Swee Keat on Thursday (May 19).

He said: “For me, it had been a long time since I had so many meals together with my wife and children.”

But moving forward, there are important changes in family structures that Singaporeans must recognise and prepare for, he added, even as he noted that the pandemic has reinforced the importance of family, allowing Singaporeans to spend more time with their own.

Marriage rates have declined over the past two decades, and couples are having fewer children. There is also an increasing proportion of married couples getting separated earlier.

DPM Heng said society has become more open and diverse, with one in three citizen marriages involving a spouse from another country, and one in five marriages being inter-ethnic.

He added: "We must recognise that the needs of some families are evolving, as we continue to support strong families."

Strong families remain the bedrock of society, noted DPM Heng, who was speaking at an event commemorating the 20th anniversary of local charity Focus on the Family Singapore. It was held at the Hilton Singapore Orchard hotel.

"Families are a critical part of our lives, where we share our joys and sorrows, where we support one another to overcome difficulties and challenges, and where we share our joy and fulfilment."

He highlighted the Ministry for Social and Family Development's efforts in designating 2022 as the Year of Celebrating Singapore Families.

The FamilyTrees initiative is among the various events held throughout the year to strengthen family ties. The collaboration between the National Parks Board and Families for Life provides Singaporean families with a child up to three years old an opportunity to plant a tree to commemorate the birth of their child.

Focus on the Family Singapore hopes to raise $1 million in donations to fund its family-centric programmes and campaigns for the year.

Last year, it involved more than 40,000 people in its family-building programmes. The charity said it is aiming to do more for sexuality education, parent-child connections and the building of stronger marriages in the future.

Among the programmes it is raising funds for is a date night for young married couples. Called Best Date Ever, it aims to provide them with a chance to reconnect and rediscover their marriage.

Its chief executive Joanna Koh-Hoe said: "Today's increasingly volatile and digitally immersed world unfortunately places new and more complex challenges on everyday families.

She added that building on the foundation of strong family values and healthy relationships will continue to be important.
 
HSK meets Temi. :biggrin:

Heng Swee Keat

4 hrs ·
Hello Temi! She is the aspiring R2-D2 (or BB-8 for younger Star Wars fans) in East Coast. Temi is usually deployed at a hospital facility. But she was with us at HeartbeatBedok today to demonstrate how robots, through a common standard – TR93, can wirelessly interface with each other, lifts and features around them. Temi brought us on a tour around Heartbeat, and called the lift for us to move up a floor. This was a joint initiative between Changi General Hospital (CGH), CapitaLand Investments and lift manufacturer KONE. We are a long way from producing R2-D2 and BB-8, who can seamlessly operate around humans (and Jedis) and in almost any environment. But Temi and TR93 are steps in the right direction. Here at East Coast, we continue to innovate and create a more vibrant environment. I look forward to more robots operating safely and seamless in our midst.


 
from straitstimes.com:

Conviction, openness key to S'pore's success, says DPM Heng at Albert Winsemius book launch​


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SINGAPORE - It was a conviction to do what was right for the people and an openness to take on new ideas and try different approaches that led Singapore's founding fathers to work closely with Dutch economist Albert Winsemius on economic transformation, said Deputy Prime Minister Heng Swee Keat on Monday (May 23).

And these two key values of conviction and openness are all the more salient today as the country navigates a world that has become more divided and insular, he added.

DPM Heng was speaking at the launch of the book Albert Winsemius And Singapore: Here It Is Going To Happen, which is about the life of the Republic's chief economic adviser for close to a quarter-century.

The Dutchman, who came to Singapore as a leader of a United Nations Development Programme mission in 1960, was instrumental in promoting a pro-business environment, advocating training for workers and establishing the National Wages Council, helping to move the island up the value chain.

At a time when newly independent states were mostly industrialising through replacing foreign imports with domestic production, he advised Singapore to challenge the orthodoxy and connect with other advanced economies and pursue foreign investment to create jobs.

DPM Heng said: "Key to our economic story was that our founding fathers were prepared to get down to the basics, to innovate and go against the grain of conventional wisdom... Dr Winsemius was a most valuable guide in this effort. "

He noted that this underlies many other aspects of Singapore's economic and social policies, such as building up retirement savings through the Central Provident Fund, promoting affordable home ownership through Housing Board flats and encouraging lifelong learning through SkillsFuture.

"We must continue to have the conviction to do what is good and right for Singapore and Singaporeans, even if it means going against conventional norms," he added.

Although Dr Winsemius was not a Singaporean, "was not born here, and did not grow up here", said DPM Heng, that was no impediment for founding prime minister Lee Kuan Yew and then Finance Minister Goh Keng Swee who worked closely with him.

"Given that he had no prior nexus with Singapore, it is remarkable that he developed such a strong affinity for Singapore. His heart was with Singapore, and he was committed to do good by Singapore and help our people succeed," he added.

"The Singapore Story would have been a very different one, if we had decided not to pursue his recommendations simply because it did not originate here. In fact, our openness - to ideas, investments and people from all over the world - has been a critical factor in our success."

At a time when many societies are turning inwards, it has become even more important for Singapore to remain open "to the best people, ideas and support from around the world" and to focus on what is best for the country, said DPM Heng.

"We must continue to develop deep capabilities, to equip ourselves to work together with the best around the world, to take on new opportunities and make a difference. As an island state, our success rests on our openness and connection to the world."

Dr Winsemius' contributions to Singapore's economic growth and development are covered in detail in the 1,000-page book by Nanyang Technological University Albert Winsemius chair professor of economics Euston Quah and his co-authors, NTU research associates Luke Nursultan Iuldashov and Zach Lee.

It also gives a glimpse into his life as a cheesemaker in the province of Friesland in the Netherlands and contains reminiscences of those who crossed paths with him, such as Emeritus Senior Minister Goh Chok Tong and National Wages Council founding chairman Lim Chong Yah, who were among the 220 guests at the book launch.

Attending the event at the National Museum, Dr Pieter Winsemius, son of Dr Winsemius who died in 1996, said the book is the final chapter of his father's adventure and a "closure on a mighty adventure for us".

"My father came here three weeks, twice... a year, which I still can't believe. I was a consultant my whole life that you can... get a relationship like this, in three weeks, and another three weeks, and it's a lasting relationship, the key word is trust... absolute trust," said the retired politician who was Minister of Housing, Spatial Planning and the Environment in his country in the 1980s.

"My father was extremely fond of Singapore, and we grew up with Singapore. It's my father's home away from home, and it became our second home as well, without ever being here," he added to laughter.

The younger Dr Winsemius, who had specially come to Singapore for the book launch with his children and the children and grandchildren of his two sisters, had brought a block of cheese as a gift for the authors, quipping that his father had always said "selling cheese is much more difficult to do than anything else, making policy and things like that".

Singapore was still a British colony when Dr Winsemius first arrived in 1960 and had just achieved self-government. The economy was undeveloped, educational attainment was low and unemployment was over 12 per cent.

DPM Heng said: "The prospects were bleak. But fortunately, from the very beginning, Dr Winsemius saw the potential of our country."

The economist and his team, who had been tasked by the UN to help Singapore industrialise, presented the Government with what is better known as the Winsemius Report, which guided the country's economic development.

Foreign Minister Vivian Balakrishnan, who also spoke at the event, told an anecdote about how Dr Winsemius had advised the Government to keep the statue of Sir Stamford Raffles along the Singapore River, even though the country was shedding its British colonial past.

"That's because he and our founding fathers... envision a globalised, connected Singapore, one that was open for business," he said.

Leaving the statue would send a signal to investors that Singapore was at peace with its history and comfortable in its own skin, and that the country would remain open to talent, ideas and technology from everywhere, added Dr Balakrishnan, noting that this continues to be a lifelong habit of Singapore.

The younger Dr Winsemius said his father derived great pride from working with Singapore's early leaders such as Mr Lee, Dr Goh and former minister and Economic Development Board chairman Hon Sui Sen.

Such was his belief in Singapore that he personally approached companies such as Shell, Esso and Philips to set up here.

Ambassador of the Netherlands to Singapore Margriet Vonno said the special relationship between Dr Winsemius and the Republic is "one of a kind" and has brought benefits to the peoples of both countries.

"We still benefit from the ripples that his work and legacy created all those years ago," she added.

Albert Winsemius And Singapore: Here It Is Going To Happen ($65) is available at this website.
 
HSK saw many families. :wink:

Heng Swee Keat is with Jessica Tan Soon Neo and
4 others
.​

4 hrs ·
The June school holidays are here!
Saw many families at the Digital for Life - Singapore Festival 2022 at HeartbeatBedok yesterday. My East Coast Advisers and I had an enjoyable time meeting residents, learning about new initiatives, and even playing some arcade games! I also met Hassan, an East Coast resident, who brought his children aged 10 and 11 to take part in the interactive media workshops. I am glad they are taking an interest in this field at such a young age!
The Digital for Life Festival aims to promote just that — for families, regardless of age and background, to learn and explore technology and embrace digital learning as a lifelong pursuit. I hope it has been an enriching experience for all those who attended!
 
HSK meets Hassan. :wink:

Heng Swee Keat

5 hrs ·

Hassan brought his two children, aged 10 and 11, to take part in the workshops at the Digital for Life Festival. The kids have taken an interest in animation and coding and I’m glad to hear that they found these workshops useful and engaging.
— with Jessica Tan Soon Neo and Cheryl Chan 陈慧玲.

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HSK admires Kayden. :thumbsup:

Heng Swee Keat

6 hrs ·

Participants taking part in mini challenges to create interactive media content in the virtual world, such as making cars move! It was hosted by 13-year-old Kayden Lee!

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HSK supports Mr Lee. :wink:

Heng Swee Keat

6 hrs ·

Mr Lee was at the SG Digital booth to learn how to set up a MeWatch account. He is in his 60s, but is slowly learning how to embrace digital media with the help of our digital ambassadors.

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