PM Wong calls for transformation, overseas expansion and generational renewal to strengthen Singapore’s business future.
Singapore Prime Minister and Minister for Finance Lawrence Wong called on businesses to embrace transformation, expand international networks and prepare future generations of leaders as the Singapore Chinese Chamber of Commerce & Industry (SCCCI) celebrated its 120th anniversary on 30 October 2026.
Speaking at the Chamber’s anniversary dinner, Mr Wong highlighted SCCCI’s contributions to Singapore’s economic development since its establishment in 1906. He recognised its longstanding role in supporting the country’s early nation-building efforts, promoting trade and building overseas connections.
He noted that the Chamber had continued to evolve through changing times while maintaining its pioneering spirit and commitment to Singapore.
Mr Wong outlined three priorities for Singapore and its business community: continuing transformation, building wider international connections and planning deliberately for leadership renewal.
On transformation, he highlighted the growing influence of artificial intelligence (AI) and digital technologies on business operations and competition. He encouraged companies to go beyond adopting new tools and reconsider their processes, job structures and business models to achieve meaningful improvements.
Read Full Article At Source
