The CEO of SMRT goes to work in a Mercedes. She deserves it because the profits of SMRT has doubled in the past few years. Even as the economic crisis…
Welfare can provide greater security for the people against events that are outside of their control. Tan Kin Lian.
Why is the govt making it easier for employers to reduce workers’ salaries? Gilbert Goh.
Labour Chief should stand up for S’porean workers more. Andrew Loh.
If the economy does not bottom out fairly soon, S’poreans’ patience might become sorely taxed.
Donaldson Tan suggests a recession insurance for non-financial firms. Firms are not going to stop retrenching workers whom they deem as excess manpower regardless of wage subsidy schemes. Instead, the fiscal policy for saving jobs ought to be targeting firms that face difficulty in raising short-term credit.
Colliers International warns that this number is just the tip of the iceberg.