Chairman, with your permission I will take any clarifications after this speech subject to availability of time. Introduction This year, we celebrate 60 years of nation building. We have come a long way as a people and a nation, and together we have built a Singapore we can be proud of. To ensure that Singapore continues to thrive, we must address two demographic challenges which are also faced by many other societies around the world – a rapidly-ageing population, and a low fertility rate....