At the annual May Day Rally, Singapore’s incoming Prime Minister Lawrence Wong addressed the nation, warning of increasing global volatility and the potential for a “more severe storm” in the geopolitical and economic landscape. Wong emphasized that while Singapore faces significant external challenges, the government remains committed to supporting workers through enhanced upskilling initiatives and social safety nets. He highlighted the importance of maintaining the country’s unique tripartite partnership between the government, employers, and unions to ensure long-term stability and prosperity during the upcoming leadership transition.
- Incoming Prime Minister Lawrence Wong warned of significant global challenges, including heightening geopolitical tensions and major economic shifts.
- He urged Singaporeans to prepare for a more unpredictable and difficult international environment in the coming years.
- The speech reaffirmed the government’s commitment to the “Forward Singapore” roadmap, which focuses on social mobility and worker support.
- Wong highlighted the critical role of the tripartite relationship between the state, unions, and businesses in maintaining Singapore’s competitive edge.
- The rally served as a key milestone in the national leadership transition, reinforcing a message of continuity in governance and policy.
Based in Singapore, CNA (Channel News Asia) covers global developments with an Asian perspective, with correspondents based in major cities across Asia, including Kuala Lumpur, Jakarta, Bangkok, Tokyo, Seoul and Beijing, as well as in New York, Washington D.C. and London.
Official website: https://www.channelnewsasia.com/
Original video here.
This summary has been generated by AI.
司马懿就干脆直截了当吧，迫害司马懿… …江山破裂，准备亡国就是。没别的。好意罢了。
无论你在外也有资产与否，逃不掉的。呵呵呵~
Lawrence绝对处理不了；新国父也被你们拒绝了。呵呵呵呵呵呵呵呵呵~
哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈~
啰嗦几十年，终于还是这样。老夫也照计划撤。
国都完蛋了，还想着阻碍撤离；小人就是小人，只有小聪明，全无大脑。呵呵呵呵呵呵呵呵呵~
早说过虽然你们肯定无法准备而阻挡不了，但还是… …all the best。
现在看起来没什么… …突然崩溃是来临的游戏。反正，自己的选择要自己负责。
有钱有权… …你们是诸葛亮吗？不是的话本来就该如驸马夏侯楙和皇帝曹睿靠边站… …
先让Lawrence继续加油… …司马懿失陪。
He is paid 1.6 million US dollars per year to solve this problem.
Lawless Wong, your fear tactics will not scare natives into giving you votes and support. You and your lackeys like GKY should be unemployed for your lack of performance.
The Singapore government consistently strives to take care of its people.
Already my daily home cook delivery meal increased $1.5 per meal and petrol also increase..jialat la
As long as you don't enter into debts or have finished paying off debts in Singapore it is quite easy to live through the storms. You can take some sg savings and go anywhere in the region or even further beyond to live for a while until the storm wear out. Then you can come back if you wish to.
Those who have ongoing debts in Singapore or have already committed then you have to listen to him because it is true. It is tough. But it won't be forever. Just hang on.
no other woman newsreader already?
Singapore is still a very good place for people who only have less than 10 years to live in this world. You don't have to worry about anything in this world anymore and will have enough to get by until time is used up. The city state have more and more of these contented people in it with each passing day. Pure bliss. These people have the best life in Singapore.
There's actually an end in sight. Any suggestion to the contrary is silly. Iran is literally on the verge of having to stop oil production because it can't ship any out. Once that happens, it's curtains for the regime. Everything's going to be just fine, folks.
To maximize profits, many employers prioritize low-cost labor, sometimes employing individuals with questionable qualifications simply to meet bureaucratic requirements.
Despite years of stagnant wage growth, Singapore’s Employment Pass (EP) threshold remains low at only S$5,600 per month for foreign professionals.
While this keeps businesses operational, it creates unfair competition, suppresses local wages, and displaces Singaporean workers.
Consequently, this creates financial strain in later years and increases the necessity for elderly residents to continue working.
To help the ruling party develop sounder policies for Singapore, citizens should consider voting for more opposition members to ensure a more balanced Parliament, particularly in addressing the high cost of living and low TFR.
Politicians frequently exploit crises to obscure self-inflicted issues, the consequences of which often persist beyond the initial emergency e.g. "TurboCharging the Inflation" and "Poor Marksmanship" [referring to the huge tax surpluses] accumulated from the GST Hikes.
127 high-paying jobs—ranging from software engineers and network analysts to various architects and engineers—have been traded away under CECA.
Politicians frequently exploit crises to obscure self-inflicted issues.
Artificial intelligence (AI) has become a prominent scapegoat for politicians and business leaders to explain away economic anxieties, job losses, and self-inflicted policy failures.
To help the ruling party develop sounder policies for Singapore, citizens should consider voting for more opposition members to ensure a more balanced Parliament, particularly in addressing the high cost of living and low TFR.
If I recall correctly, someone once said FTs bring in more good paying jobs for Singaporeans?
These days, trust cannot be simply granted.
AI simultaneously creates new jobs and displaces workers in other sectors, while intensifying foreign talent acquisition, which consequential impacts local employment levels.
[Ref: Singapore PM Wong on AI: We may not be able to protect every job, but we will protect every worker – CNA 1 May 2026]
[Ref: Singapore’s ONE Pass draws global AI and tech talent – CNA 19 Apr 2026]
Another bad and sad news from the pay and pay.
The good news is, infation also inflates GDP, that is until people can't afford the prices and it becomes a recession
For crisis,he already mentioned since half a year ago, but till today same same only talking, talks and talked again,cdc voucher and cash support still need to wait,🤨🙄😬
You locals bite the bullet, O.K.
Don't expect THEM to cut their salaries!🤭
Best PM
With the hike in prices and living standards, we should start tearing too. Price of oil ….oh my….