Douglas Foo, Singapore Manufacturing Federation

Douglas Foo, Singapore Manufacturing Federation

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9 February 2021
Budget 2021: What is the manufacturing sector hoping to see
As announced by Trade and Industry Minister Chan Chun Sing, there is now a new 10-year plan to grow Singapore's manufacturing sector by 50 percent and maintain its share of about 20 percent of GDP. Douglas Foo, President, Singapore Manufacturing Federation shares how effective this 10-year plan will be with the many uncertainties we are facing right now due to Covid-19 and plus with Budget 2021 around the corner, what is the manufacturing sector is hoping to see in this year’s budget.

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Click here for more Budget 2021 updates.

Listen to his previous podcast:

26 March 2020
How the manufacturing sector is preparing itself for the worse
The manufacturing sector contracted by 0.5 percent on a year-on-year basis in the first quarter, moderating from the 2.3 percent contraction in the previous quarter. Douglas Foo, President, Singapore Manufacturing Federation and Chairman, Sakae Holdings shares how the manufacturing sector bracing themselves for the worse.

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14 August 2019
How is Singapore's manufacturing sector preparing itself for a slowdown?
The Ministry of Trade and Industry announced yesterday that the GDP growth forecast for 2019 has been downgraded to "0.0% to 1.0%". Douglas Foo, President, Singapore Manufacturing Federation and Chairman of Sakae Holdings shares more about how the manufacturing sector in Singapore is preparing itself for an economic slowdown.

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