My wife and I are happy to be here to celebrate with you the 70th Anniversary of the Teochew Poit Ip Huay Kuan.

2 The Teochew community is an important pillar in Singapore society. It is a tower of strength, playing a key role in nation-building and Singapore’s development.

3 The Teochew people in Singapore are hardworking, dedicated and loyal. They are good traders and businessmen. They have also done well in the professions and in government.

4 Clan associations like yours have contributed significantly to Singapore's civic life. They are active in the fields of welfare, culture and education. For example, Ngee Ann Polytechnic and Ngee Ann Primary School were all started by the Teochew community. They now cater to all Singaporeans, not just Teochews.

5 Clan associations have made a difference to Singapore. They helped to bind a community. They also co-operate with one another rather than rival one another. In this way, they have contributed to the cohesiveness of our society.

6 To sustain growth and development, Singapore must adjust to changes in the world. The world will become borderless. Investments, technology, goods, people and talent will flow across borders without much obstruction. Singapore will have more foreign investments and a bigger foreign presence. It will be more international in character. It will become a very cosmopolitan city. It is, therefore, important that we remain anchored in our Asian heritage. Otherwise, we may begin to lose our traditional values and strengths. Just like SAP schools, clan associations should continue to play a leading role in promoting Chinese culture, traditions and values.

7 A major challenge clan associations faced is leadership renewal. The infusion of new blood will ensure that clan associations retain their vitality and relevance. I am happy to see more and more young people, including ladies, joining the management committees. There should be no let-up in this effort to involve the young.

8 Let me end by congratulating your association on your achievements. You have much to be proud of. May your association grow in strength.