SINGAPORE, 16 February 2026 – Singapore must remain adaptable and resilient as geopolitical shifts and technological disruption reshape the global landscape, Prime Minister Lawrence Wong said in his Chinese New Year message, highlighting the importance of unity, economic preparedness, and long-term strategic positioning.
Drawing on the symbolism of the Fire Horse in the Chinese zodiac, associated with change and movement, Wong emphasised that Singapore must embrace transformation with confidence and determination. He noted that while the Fire Horse represents uncertainty and transition, it also symbolises resilience and strength of spirit, qualities critical for Singapore’s future success.Â
Navigating Global Uncertainty Through Adaptability and Innovation
Prime Minister Wong stressed that the global environment is undergoing profound change, with geopolitical tensions, shifting economic currents, and rapid technological advancement reshaping industries and national economies.
He called on Singaporeans to remain forward-looking and adaptable, urging the nation to turn challenges into opportunities through innovation, strategic planning, and collective resilience.
“Let us face the year ahead with adaptability and confidence, ready to reimagine what is possible for ourselves and for our country,” Wong said, reinforcing the importance of unity in navigating global transformation.
Singapore’s long-term economic strategy continues to prioritise competitiveness in emerging sectors such as artificial intelligence, digital infrastructure, and advanced manufacturing, key pillars for sustaining growth in an increasingly technology-driven global economy.
Budget 2026 Measures Strengthen Support for Families and Workforce
Wong highlighted key Budget 2026 initiatives aimed at strengthening social resilience and supporting families, which remain central to Singapore’s long-term national development strategy.
These measures include:
- S$500 in Community Development Council (CDC) vouchers for every household
- S$500 in Child LifeSG credits for Singaporean children aged 12 and below
- Expanded preschool subsidies benefiting over 60,000 families
- Enhanced workforce support and senior employment initiatives Â
These policies are designed to strengthen household financial stability, support workforce participation, and reinforce Singapore’s social and economic foundations.
Wong emphasised that strong families are fundamental to national strength, reinforcing the government’s focus on social support and inclusive growth.
Supporting an Ageing Population and Strengthening Workforce Participation
Singapore’s demographic transition toward an ageing population remains a key policy focus, with new initiatives aimed at enabling seniors to remain economically active and socially engaged.
Key measures include extending the Senior Employment Credit programme, which provides wage support to employers hiring older workers, and providing Central Provident Fund top-ups of up to S$1,500 for eligible Singaporeans aged 50 and above to strengthen retirement security.
Additionally, the Age Well SG initiative is transforming neighbourhoods to support independent living and improve quality of life for seniors, ensuring long-term social sustainability.
These initiatives reflect Singapore’s proactive approach to addressing demographic changes while maintaining workforce productivity.
Multicultural Harmony and Social Cohesion Remain National Strength
Prime Minister Wong also highlighted the importance of preserving Singapore’s multicultural harmony, particularly as Chinese New Year coincides with Ramadan—symbolising unity across diverse communities.
He stressed that social cohesion, mutual respect, and shared responsibility are essential pillars of Singapore’s long-term stability and national identity.
This social stability remains a key advantage in Singapore’s continued development as a global financial and business hub.
Investor Perspective: Singapore Positioned to Navigate Global Transformation
For investors, Singapore’s emphasis on resilience, adaptability, and forward-looking policy reinforces its reputation as one of Asia’s most stable and strategically positioned economies.
Singapore’s proactive approach to technological transformation, workforce development, and social stability enhances its long-term investment appeal, particularly in sectors such as:
- Artificial intelligence and digital infrastructure
- Financial services and capital markets
- Advanced manufacturing and semiconductors
- Regional trade and logistics
As global uncertainty persists, Singapore’s disciplined governance, economic diversification, and strategic adaptability position it to remain a key regional economic leader.
The Year of the Fire Horse, symbolising transformation and resilience, reflects Singapore’s broader economic outlook as it continues to evolve and compete in a rapidly changing global environment.
