SG economic restructuring meets ministers’ bonuses
Last week the MAS issued its macroeconomic review in which it stated that economic growth is expected to slow to 2.5% to 3% but labour productivity…. oops fell! This comes five years since the productivity drive began. A few days before, the Straits Times had this headline: “Foreign worker curbs could hit Singapore's growth...
Jobs: Media can’t tell the difference between SGs and locals?
We refer to the article “Wage rise, but growth in productivity stalls” (Straits Times, Oct 29). Jobs: Highest level to Singaporeans? It states that “The percentage of job vacancies filled by Singaporeans rather than foreigners has reached its highest level since 2011. Nearly three out of every four positions in the first...
The right way to boost birth rates? And attract votes?
The South Korean annual budget to boost birth rates has reached an equivalent of US$13.85bn this year, says Chosun Ilbo, South Korea’s largest and oldest daily. Though is almost sevenfold increase since 2006, the number of births has actually dropped by almost 12,000 to 436,500 last year. The birth rate, or the number of births...
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