“Upping wages to offset inflation was no cure as it would simply cause employers to pass the costs on to consumers as well as dent Singapore’s competitiveness.”

Finance Minister Tharman Shanmugaratnam (Straits Times)

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
You May Also Like

Chee Soon Juan slams MP Murali Pillai who feels MPs are not required to let go of their full-time jobs to be politicians

On Monday (18 November), the Singapore Democratic Party (SDP) Secretary-General Chee Soon…

The government has shifted gear, now dismissing criticism with two magical words, “I Reject”

Less than a week ago, Finance Minister Heng Swee Keat addressed widespread…

Foreign expats eagerly await to return to Singapore amidst reopening of international travel

It was reported in the media yesterday (17 Jun) that many work…

M’sia newspaper accuses S’pore journalists of unprofessional conduct

Singapore journalists are being criticised by their Malaysian counterparts for unprofessional conduct…