(Feb 12): Singapore’s Prime Minister Lawrence Wong unveiled a budget he said would help the city-state thrive as it faces a “more dangerous” world, marked by technological challenges and globalisation on the retreat. We cannot wait for conditions to turn more favorable, nor can we fall back on strategies designed for a previous era,” Wong said in his annual budget speech in parliament. “Every Singaporean who is willing to adapt and learn will continue to secure a good job and make a good living here in Singapore,” he said. Wong said Thursday that the government aims for the high end of a 2%-3% economic growth range over the next decade. Singapore is also on track to becoming a “super-aged” society this year, where 21% of its population are aged 65 and above.

Source: The Edge Markets February 12, 2026 08:25 UTC