COMMENTARY

To cushion the sudden global downturn, the government need to double down on measures announced, expand scope of application to more workers and businesses, and do it quickly.

While the stimulus package primarily aims to tide over workers and businesses through tumultuous short-term economic currents, the government should also evaluate these measures with an eye on the long term, and look to promote a transformation of the economy to new growth sectors and higher productivity, and prepare the workforce for the future.