Why a liberal immigration policy makes skills retraining difficult
The MAS highlighted in its Macroeconomic Review that job mismatches has reached the level last seen in 2008-2009 and then pontificated “Notably, workers should equip themselves with the necessary skills to fill jobs that are currently available and will be in demand in the coming years." It went on to outline the type of jobs...
All talk but little action from the NTUC and its PAP MP Patrick Tay?
PAP MP Patrick Tay - who is also the Assistant Secretary-General of the NTUC - recently said in Parliament that some firms are disguising retrenchments as layoffs. The real question is what are you, NTUC and the government going to do about it. Telling companies to "be fair, responsible, follow the Tripartite Guidelines ......
Singapore retirement ranks high but adequacy is lagging
The annual Mercer Global Pension Index recently released showed that Singapore ranked 10th overall (the report provides the index scores by alphabetical order so I have to ranked them myself). This looks good. Those ranked higher are the usual suspects: by ranking order Denmark, Netherlands, Australia, Sweden, Switzerland, Finland,...
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