Daily Archives: 2012-04-18

Prof Lim clarifies on Economic Restructuring II (ERII).

MEDIA RELEASE ~ By Professor Lim Chong Yah ~ I am honoured that my public lecture on ERII (also termed as shock therapy) has attracted the attention of so many concerned Singaporeans. At least two reservations should be explained by me to clear the cobweb of misunderstanding. The first serious and perfectly understandable and deeply appreciated concern is the gap between …

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How long more will NTUC short-change Singaporean workers?

~ By Tan Jee Say ~ I am glad Prof Lim has clarified that his "wage shock therapy" is intended to restore half of the wage increase that Singapore workers would have got if not for the "unlimited influx of cheap foreign labour" into Singapore; because of these cheap foreign workers, he estimated that Singapore workers have been underpaid by …

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What practice has taught me

~ By Adrian Tan ~ I have been in practice for 20 years.  My view of the law as a career? The pay is unremarkable.  A junior lawyer’s income is the same as that of a fast-food restaurant manager, when hours worked are taken into account.  Because lawyers work all hours of the day (often at great cost to their …

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