Singapore to prioritise cost-of-living relief and employment in new term

Prime Minister Wong Sw Kee has signalled that tackling the rising cost of living and generating quality employment opportunities will be central to the government's priorities in its new term. Speaking on the government's broader agenda, Wong emphasised the need to address affordability challenges facing households across the island. The announcement reflects growing concerns among Singaporeans about expenses ranging from housing and transport to food and utilities. Beyond immediate cost-of-living measures, the administration plans to strengthen the employment landscape by fostering better job creation and skills development. Wong indicated that the government will enhance social support mechanisms spanning the lifecycle, from early education through to retirement security. This multi-pronged approach signals an effort to provide Singaporeans with greater economic stability and improved social safety nets. The initiatives underscore the government's commitment to ensuring sustainable growth while managing economic pressures affecting residents.