Why the PAP Government is opposed to the minimum wage: Donovan Choy
Minimum wages do not help to increase productivity. It is better to see the PWM as the govt straddling the middle ground between recognising that low-wage workers do have genuine problems amidst rising costs of living, and recognising that we shouldn’t take our eye off the problems of sluggish productivity growth.
Zero cases but virus is still circulating. Keep our guard up, says Lawrence Wong
A big shout out to all our front liners and everyone who has worked so hard to bring the virus under control. For the first time in more than 6 months, we have achieved zero cases both in the community and migrant worker dormitories. But this is not the time to let our guard down, […]
As much as 20% of Singapore’s economy faces “deep scarring” from the pandemic from which they may not recover: Menon
As much as 20% of Singapore’s economy faces “deep scarring” from the coronavirus pandemic from which they may not recover, says MAS’ Menon at a virtual event hosted by the Institute of International Finance on Monday (12 Oct). “A big chunk of the rest may not go back to underlying potential pre-crisis for quite some […]