We continue to see job losses in USA. We continue to see unemployment rates going up in USA. While the world may be starting to gamble with their money in the stock market, here in Singapore, we cannot afford to gamble the job of workers. What we have to do is to continue to stay on course. We continue to commit to this policy of retrenchments as a last resort.

NTUC Chief Lim Swee Say

Notify of
1 Comment
Oldest Most Voted
Inline Feedbacks
View all comments
You May Also Like

Singapore-Indonesian treaties: Is the light at the end of the tunnel a train?

By Gerald Giam Indonesia has been seeking an Extradition Treaty (ET) with…

The blogging revolution

The online culture is unlike that of any previous social movement.

Exchange of letters between NLB and member of the public

We interrupt our hiatus to bring you this exchange of correspondences between…