Madam Chair, to my knowledge, Singapore is remaining competitive.
Now, one element that worries Singapore and Singaporeans is that generally the cost of doing business has increased here. Obviously, if we talk about aerospace, the initial investment is very expensive and very capital intensive. Once that is done, generally it remains quite competitive locally.
Singaporeans never take for granted a leadership position in anything. When the Government of Singapore sees that they might be worried about the competitive position, they invest—whether it's on training their own population, retraining or support for various industries.