12 Nov '11, 3am

S'pore will prosper with region: PM Lee

HONOLULU: Singapore Prime Minister Lee Hsien Loong said Asia will do well in the next 10 years and beyond, provided China's development and relations with the rest of the world remain on track. PM Lee was speaking in a dialogue session at the opening of the CEO Summit on the sidelines of the Asia-Pacific Economic Cooperation (APEC) meeting in Honolulu. During the hour-long dialogue, involving business leaders from around the world, participants engaged in issues related to the rise of China and its impact on the world. Mr Lee said Singapore will prosper with the region but as a small country, it needs to leverage that with what's happening in the rest of the world. These include building up knowledge-intensive industries, such as finance and pharmaceuticals, as well as attracting talent to the country. He stressed that developing the local workforce is just as critical. "W...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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