Govt to tackle living costs, secure better jobs as part of full agenda this term: PM Wong

Prime Minister Lawrence Wong announced on October 25 that the government will address living costs and secure better jobs as part of its full agenda for the remainder of the term. The Prime Minister stated that there is "much more to come" in tackling these issues and providing support from education to retirement. The government will also extend its assistance to individuals facing setbacks throughout life.

During the biennial party conference, Wong addressed concerns from Singaporeans about support for non-family-oriented groups, such as singles and seniors. He emphasized that the government will not forget any Singaporean. Wong highlighted the PAP's strong mandate following the 2025 general election, in which the party secured 65.57% of the vote.

Despite the challenges facing the world, Singapore remains a trusted partner and an attractive destination for businesses and investors. The Prime Minister mentioned recent meetings with CEOs of major semiconductor companies and technology start-ups from various countries. However, Wong cautioned that headline economic figures do not capture the full picture, as some sectors are thriving while others face pressures, and workers in different age groups encounter varying levels of success or struggle.

He stressed that the government's role is not merely to maintain economic growth but to ensure that this growth translates into better lives for all Singaporeans. Wong also mentioned the SkillsFuture Jobseeker Support Scheme, which helped 45-year-old Fajar Shah Salim overcome a setback in his career. After losing his job as a restaurant manager, Fajar received financial assistance and training, eventually transitioning to a new career in IT operations at ST Engineering.

The government's support, combined with individual effort, is crucial for adapting to economic changes. Wong reiterated that while the government will reduce its focus on examinations and expand education pathways, individuals must also have the flexibility to grow at their own pace. He stressed that the government, businesses, unions, workers, families, and the community all have a role to play in building a better Singapore together.