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SINGAPORE – Concerns about protecting lives amid the Covid-19 pandemic have evolved to the protection of livelihoods, and the Emerging Stronger Taskforce on Thursday (July 23) urged the Government to be open to the solutions it will offer by early next year.
PSA International chief executive Tan Chong Meng, who co-chairs the task force with Minister for Social and Family Development and Second Minister for National Development Desmond Lee, said the private sector will be taking the lead in formulating the recommendations that will rehabilitate companies that are struggling.
Speaking at the DBS Asian Insights Conference, he said this “more action-oriented approach” is a break from tradition.
“We are a small country. There’s a very strong public sector, often providing good leadership, but also a bright, vibrant private sector comprising local, good and strong companies, and many international companies.”
There has been a history of good exchange, he added, pointing out that traditionally, the public sector sets the direction and the private sector carries out the implementation.
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