Singapore’s productivity level today is 13% higher than what it was at the start of our restructuring journey in 2009.
There is a stark difference between productivity growth in industries where our businesses compete internationally, and in those where businesses compete in the domestic market.
Every sector can achieve a lift in productivity. Firms need to rethink business strategies, break the mould by finding new ways of growing their revenue. They can also take advantage of government grants and incentives

Source: MOF  #‎SGBudget2015‬