Govt’s foreign worker-productivity policy in disarray
Remember January 2010? Clue: Economic Strategies Committee (ESC). Yes, that was when Finance Minister Tharman Shanmugaratnam announced the findings of the ESC which he headed and revealed the “new” strategy that would take the Singapore economy forward. At the centre of the ESC's report was that Singapore's productivity...
We must move up the Value Chain rather than give up on Manufacturing.
The release of the unemployment statistics two days ago brought home the folly of current policy. http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_761247.html While the government prided itself on creating 121 thousand jobs last year two-thirds of these went to foreigners. Manufacturing employment hardly grew...
When was the last time you had a good look at your PUB bill?
When was the last time you had a good look at your public utilities bill? If you were like millions of other people, chances are that you haven't. Perhaps you should, it would make for surprising – and not so pleasant – reading. You will notice that your bill includes your water consumption amount. Under this category,...
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