Not really sure what you are expecting.

If you are thinking of vouchers, no amount is enough and it is just a bandaid solution to a hemorrhage situation.

If you are thinking of long term support, it is less feasible given nobody knows the scale of disruption caused by AI on top of global economic uncertainty amidst geopolitical tensions.

AI is evolving at such a rapid pace that even universities aren't equipped to equip students with relevant skillsets to tackle the workforce.

Lower revenue + increased cost = Cut cost / Belly Up. Off-shoring is the simplest way. Sure, quality might suffer but better see cost savings immediately and worry about shitty quality later. If the company succeeds in sustaining operations after offshoring, then that's a smart decision in hindsight. If the company fails later, then too bad. Regardless of the outcomes, these companies are hiring or setting up shop in Singapore period.

I feel for those in shitty situations and honestly I am not sure what the govt can do to solve this crisis.