These are exciting times. But they are also unsettling. Exciting, because of the vast opportunities that are emerging. Unsettling, because the changes sweeping the world will require major adjustments in our economy and society.
Regional Developments Take for instance the political developments in our neighbourhood.
In Indonesia, the stability under Soeharto has given way to a period of uncertainty. Indonesia faces grave political, economic and social difficulties. How events turn out in Indonesia will affect its neighbours and investor confidence in the region, including Singapore. It also has to meet the expectations of a younger and more vocal generation of Malaysians. Dr Mahathir has said that this is his last term as Prime Minister.