Singapore expects all parties to honour commercial gas contracts, says PM Wong after Indonesia cut exports

Mr Wong noted that while some sectors of Singapore’s economy are doing well, others are facing pressures. 

Some workers are benefiting from new opportunities, but others are struggling to keep up. Lower-wage workers worry about keeping pace with rising costs, while Singaporeans in their 40s and 50s who lose their jobs worry about finding work again.

“We understand these concerns and we will respond to them. Our task is not just to keep the economy growing. It is to make sure that growth translates into better lives for all Singaporeans,” he said.

The government is also doing more to ease the burdens on parents and give families greater assurance, as seen by measures introduced at this year’s National Day Rally, he added.

Mr Wong acknowledged that the government has a “full agenda”, such as continuing to tackle the cost-of-living pressures and helping Singapore secure better jobs.

Ultimately, the government will do its part, but everybody has a part to play too, said the prime minister.

“We will create opportunities and support workers through change, but workers must be prepared to learn and adapt,” said Mr Wong.

“We will reduce the emphasis on exams and broaden education pathways, but parents must give their children space to grow at their own pace.

“We will strengthen support for families and seniors, but all of us must also look out for one another.”