In his National Day Rally speech delivered in Malay today, PM Lee said he was heartened that many malay workers are using SPUR - Skills Programme for Upgrading and Resilience - to hold onto their jobs.

He urged those who are jobless to seek training quickly and take on a new job. "Don't wait for jobs. Some jobs better than no jobs at all."

PM Lee also reiterated the need for workers to upgrade themselves in his speech in English.

S'poreans must be financially prudent

PM Lee also mentioned in his Malay speech that families must do their part to be financially prudent, and buy flats within their means. He also encouraged Malay families to spend wisely during the Ramadan festive season.

Below are excerpts from his speech:

"Some have fallen on tough times, but others have over-stretched themselves"

"Buy a flat which is within your means. Do not spend every dollar that you expect to earn"

"This is important especially during the upcoming Ramadan and Hari Raya Aidilfitri. Hence, I welcome the 'Bijak Belanja' (Spend Wisely) campaign organised under the CLF (Community Leaders' Forum) framework that encourages Malay-Muslims to be thrifty during the fasting month. Save something for a rainy day, and for your children's education."

Malay educational performance has improved year by year

PM Lee also highlighted an improvement in the results of Malay students.

"We have seen some families go from one generation of poorly-educated parents doing unskilled jobs, to children who are professionals like doctors and engineers."

"Many others have also taken full advantage of the opportunities, excelling in business, professions, public service, sports and the arts," said PM Lee.

PM Lee rounded off his speech in Malay by stressing that Singaporeans must stay resolute, and respond to challenges as one nation.