Singapore Needs Economic Renewal

Singapore must renew its economy to stay relevant to the world, vibrant and prosperous, said Prime Minister Lee Hsien Loong on Friday. In his message on Chinese New Year 2017, Lee wished all Singaporeans well, urging them to take a look back and remember how far the nation has come and what contribution the earlier generations have made, Xinhua news agency reported. “In Singapore, we have always grown by renewing ourselves, taking our economy in fresh directions, opening new markets and fields of business. That is how we have stayed relevant to the world, vibrant and prosperous,” said Lee.