1. fiscal/monetary - stability, gradual changes - indirect > direct taxation - greater tax incentives for firms - merge companies 2. wages/cpf - greater flexibility for wages - variable components - flexible medical schemes transferrable bbetween companies tax breaks for firms, voluntary insurance schemes - stick with NWC arrangements 3. land - industrial land priced more competitivelly - govt to let free market work - one agency to coordinate supply of land (merge? jtc, hdb, env) - better transport infrastructure - review land rent policy residential: - hdb role restricted - homeownership reviewed (reduce cpf depenndence) 4. entrepreneurship - education programs - edb attract foreign talent - growing startups/ cut red tape - allow ip funded by govt to be owned by ccompanies - better credit through funds, equity exchhange, schemes - help large singaporean corporations - less taxes, eliminate double taxation - cluster domestic enterprises: - innovation, evolution glcs: - should be limited to critical areas - where not, privatized partially - should be limited to slow growth sectorss - stat boards should avoid forming corporaations - existing stat boards should review theirr corporations, ensure they aren't anti-competitive 5. manufacturing - attract mncs - strenghten sectors - grow new areas like nanotech,photonics - increase productivity - foreign labour controlled through levy - R&D promotion - ip laws - clusters for new industries like biopoliis - supporting infrastructure e.g. transportt, ports, delivery - supply chain management capabilities - fta's - regional integration with riau 6. services - grow existing sectors e.g. logistics (sttorage, delivery. psa) - identify new sectors e.g. healthcare - promote value added export oriented servvices - review regulations, red tape - stimulate demand, esp local - outsource activities like fund managing,, it solutions - catalyse experimental/research projects - funding - training - ease land supply for services eg educatiion and healthcare - close mti monitoring 7. human capital - rounded education - flexible criteria for uni - global outlook, skills, knowledge - help returning students integrate into sschool system, e.g. relaxing mother tongue requirements - better ties with overseas singaporeans - foreign talent - help firms with human resource managemennt - training, schemes - HR centre of excellence estab. - SPRING (standards and productivity boardd) singapore to help SME's with HR problems - recognize artists, sportsmen 8. restructuring - adult learning centre - continuing education training body - portable training accounts for workers llike medical scheme - help singaporeans understand changes - MOM to help job seekers with different sstrategies - greater coordination in jobsearching bettween MOM, EDB, agencies, HR firms (private ?) - reengineer existing industries to attracct locals e.g. domestic services, eldercare - better system of job counselling, trainiing, searching - pool of job counsellors to mould expectaations - financial scheme to encourage unemployedd to seek work - make assistance more easily available too needy - more responsive safety net - through cdcs