TR EMERITUS

The New Year message by late Lee Kuan Yew (LKY) in 1982 was to have a wholly Singaporean workforce by 1991. The reason he cited was that it was not desirable socially, politically and economically to depend on a large migrant workforce, citing the examples of France, UK and even West Germany, which had large migrant workforces... 

The Singapore economy will be transformed. The global economy in the future will have less global trade. Most countries will manufacture a bigger proportion of their products at home. This will affect Singapore badly. There will be less global trade and the need for financial services. Many of the well paying jobs in the past... 

I read with mixed feelings that our economy is slowing opening up for business again. To lockdown the economy is costing our country a bomb every passing day, however, when weight against the risks of further C19 community spread and the risk to public health, the decision is a difficult one, however, we are also seeing lower...