Comments
Netizens support MAS chief’s suggestion to do away with PMET classifications
Monetary Authority of Singapore (MAS) managing director Ravi Menon said last Thursday (22 July) that the Government should first be doing away with the professional, managerial, executive, and technical (PMET) job categories to professionalise all jobs.
Speaking at the Institute of Policy Studies (IPS) at the Lee Kuan Yew School of Public Policy, Mr Menon noted that people ought to question the premise that all Singaporeans should aim to take up PMET jobs.
“If we can’t abolish it, then at least drop the ‘P’ from the category: it suggests other jobs are not professional. We should question the premise that all Singaporeans should aim to take up PMET jobs,” he remarked, as quoted by Straits Times.
Mr Menon opined that social and vocational skills must be as equally valued as academic intelligence for Singapore to be an “inclusive society”.
“Any population would house a distribution of skill sets, requiring a diversity of pathways that can lead to different types of excellence,” he said, citing how skilled trades in European countries provide a middle-class lifestyle for many workers.
One out of three low-wage service jobs are taken up by cheap foreign labour, Mr Menon estimated, highlighting that such a situation “cannot be good” for local wages.
To tackle this, he suggested tightening the intake of low-skilled foreign labour progressively over a few years.
“The demand for many domestic services like cleaning, maintenance, and cooking is inelastic, and wages will have to go up if the number of foreign workers is reduced.
“The increase in wages, coupled with improvements in work conditions and prospects for a meaningful career should gradually attract Singaporeans into these domestic services,” Mr Menon explained.
The transition from a low-wage to a high-wage economy will be challenging, he said, pointing out that firms that rely excessively on low-cost labour will have to exit.
Mr Menon added that there may have to be some consolidation in industries such as retail and food and beverage, and there could be local job losses in the initial phase.
While he had earlier suggested raising the minimum qualifying salary for S Pass holders and Employment Pass (EP) holders over time – with the minimum qualifying salary for S Pass holders pegged somewhere closer to the median monthly income, or around $4,500 – this does not mean that S Pass workers should be “drastically curtailed”.
Mr Menon outlined two possible effects when S Pass holders are available in large numbers and paid around 30 per cent less than locals: First, local wages are likely being depressed; and second, some ITE and polytechnic graduates may be competed out of these jobs.
“Why not pay S Pass workers closer to the local median and let the market settle the employment profile? In some occupations, we might see an increase in local employment at better wages; in other occupations, where Singaporeans are unable or unwilling to enter, we will continue to employ the S Pass holders,” he said.
Mr Menon added that education and healthcare would have scope to reclaim local jobs at good wages.
According to ST’s report, MAS estimated both sectors have an elasticity of substitution of 1.5. This means that if the wages of foreign workers in healthcare or education increase by 10 per cent, the demand for local workers as substitutes will increase by 15 per cent.
Mr Menon said that the key question for Singapore should be on whether it wants to create a dual economy with high inequality, or a more inclusive society with higher wages but also higher costs.
“The Nordic countries have strict limits on low wage foreign workers, which has facilitated a more equitable income distribution, low unemployment, and a sustained commitment to productivity and innovation.
“If Singapore wants to be a bit more like the Nordic countries, it is not just government policies that would need to be adjusted but also the mindsets of businesses, citizens, and workers.
“Firms must reduce their reliance on cheap labour; citizens must be prepared to pay more for better quality services; and workers must be open to a greater variety of jobs,” he asserted.
Netizens support Ravi Menon’s ideas to do away with PMET classifications, some emphasised salary issue
Penning their thoughts under the comments section of ST’s Facebook post on the matter, the majority of netizens agreed with Mr Menon’s ideas to do away with PMET job categories, noting that there should not be discrimination in any professions.
One netizen wrote: “All these words PMET and foreign talents should be amended. All professions are professional in itself …so why discriminate …also there are local talents too. Just say foreign talents as foreign workers will do.”
“What he meant is to drop the P and make all equal. afterall arent we are all ‘worker’.why need to categorise the worker population and in some way it does have a negative impact on certain segment of the workforce, at least on the perception of todays and even yesteryear generation..” said another netizen.
However, several other netizens pointed out that it is the salary that Singaporeans are more concerned about, rather than the “superficial title” of professional.
Comments
Dr Chee Soon Juan criticises Ho Ching’s vision for 8-10 million population
SDP chief Dr Chee Soon Juan criticised Ho Ching’s claim that Singapore could support a population of 8 to 10 million through effective city planning. He expressed scepticism, citing adverse effects like rising living costs and mental health issues. Dr Chee argued that smaller populations can thrive, referencing Scandinavian countries that excelled internationally and produced Nobel laureates.
Dr Chee Soon Juan, Secretary-General of the Singapore Democratic Party (SDP), slammed Senior Minister Lee Hsien Loong’s spouse, Ho Ching, for her assertion that Singapore could accommodate 8 to 10 million people with proper city planning and land reclamation.
In a video message published on 1 October, Dr Chee expressed strong scepticism regarding the narrative of increasing the population, highlighting that the current surge past the 6 million mark had been largely driven by the influx of foreigners, which led to several adverse consequences.
He further highlighted that smaller populations were not inherently negative, drawing examples from some Scandinavian countries that had flourished on the international stage despite their smaller populations and had even produced Nobel Prize laureates.
Ho Ching expressed confidence that with proper city planning, Singapore could accommodate up to 8-10 million people
Last Friday (27 September), in a Facebook post, Madam Ho, who was also the former CEO of Temasek Holdings, highlighted the growing demand for caregivers as the population aged and the need for workers to sustain sectors like construction and engineering, particularly as the workforce shrank due to lower birth rates.
“As we have less children, we need more people from elsewhere to join us to keep this city functioning, from repairing train tracks through the night to serving patients in hospitals through the night. ”
Dr Chee Highlights Risks of Population Growth
In response, Dr Chee recalled his experience of being reprimanded by Minister for Foreign Affairs Dr Vivian Balakrishnan during the last General Election for raising concerns about the implications of a rapidly growing population.
He questioned why Madam Ho, who shared similar views, had not faced the same scrutiny.
In his video, Dr Chee articulated several concerns regarding the proposed increase in population, highlighting the potential negative impacts, including increased demand for food, housing, and transportation, which would result in a significant rise in living costs.
With a larger population, Dr Chee pointed out that more flats, roads, hospitals, and public transportation would need to be constructed, which would ultimately require higher taxes and fees to maintain the necessary infrastructure.
The SDP leader emphasized that an influx of residents would intensify competition for jobs, exerting downward pressure on wages and potentially leading to higher rates of unemployment and underemployment.
Dr Chee further expressed concern over the environmental degradation that would accompany population growth, citing the recent clearing of forests for housing and industrial developments, including Tengah and Kranji Forests.
Dr Chee questioned the ability of existing infrastructure to cope with a growing population, referencing the persistent issues with the MRT system, including breakdowns and safety hazards.
He highlighted the toll that congestion and overpopulation take on the mental health of Singaporeans, noting a rise in reported mental health challenges.
“All this while the ministers live in secluded and luxurious bunglows and villas, far from the madding crowd which we are subjected to every single day.”
“So, when Ho Ching says that we can accommodate up to 10 million people, I’d like to ask her, where and what type of house she lives in?”
Dr Chee Argues for Innovative Economic Solutions Over Traditional Urban Expansion
Regarding the ruling government’s persistent push to increase Singapore’s population to what he considered “unhealthy levels,” Dr Chee suggested that the PAP lacked viable alternatives for fostering economic growth.
He implied that the government resorted to traditional methods of expansion, such as construction and urban development.
He highlighted that the government is fixated on physically expanding the city—“digging, pouring concrete, and erecting structures”—to sustain GDP growth.
This approach, he argued, creates an illusion that Singapore remains a productive economic hub, despite potential downsides.
Dr Chee Advocates for the Value of Smaller Populations: Cites Political Freedom as Key to Innovation and Success
Dr Chee further contended that a smaller population did not necessarily hinder a nation’s success.
He cited several Scandinavian countries and Taiwan, emphasising their global brands and innovations despite their relatively small populations.
Dr Chee connected the success of these nations to their political freedoms, arguing that the ability to think and express oneself freely fostered innovation and societal progress.
He contrasted this with Singapore, where he claimed that the government controlled media and stifled freedom of expression.
He criticised the ruling People’s Action Party (PAP) for its centralised control and for limiting the potential of Singaporeans. Dr Chee used the metaphor of a “grotesque monkey” clinging to the nation, suggesting that the PAP hindered progress and growth.
Dr Chee emphasised that the quality of a population—its talent, energy, and potential—was far more important than its size.
He suggested that Singapore possessed the necessary attributes to succeed on a global scale but was held back by the current political landscape.
He urged Singaporeans to engage in critical thinking rather than passively accepting government narratives.
Dr Chee advocated for a more mature and sophisticated approach to governance and civic engagement, encouraging citizens to take an active role in shaping their society.
Comments
Netizens criticise PM Wong’s video, urge Govt to address root causes of cost-of-living crisis
Netizens have voiced concerns over PM Wong’s approach to addressing the cost-of-living crisis. Many argue that distributing CDC vouchers provides only temporary relief and are calling for more substantial action on issues such as transport and rental costs.
SINGAPORE: In response to Prime Minister Lawrence Wong’s video titled “Tackling Cost of Living Concern,” uploaded on 2 October, netizens expressed that the Singapore government should address fundamental issues like transport and rental costs, rather than relying on measures such as distributing Community Development Council (CDC) vouchers.
In the six-minute video, PM Wong acknowledged that although inflation has moderated, the cost of living remains a significant issue for many Singaporeans.
PM Wong assured Singaporeans that his team is committed to helping them through this challenging period.
He emphasised that while inflation is expected to decline further in 2024, prices will still rise from time to time.
He explained that delaying price adjustments would only worsen the situation in the future, but the government will work on mitigating the impact of any necessary increases.
The prime minister outlined that the long-term solution to managing living costs is to ensure Singaporeans have access to good jobs with better wages.
He added that higher wages should outpace inflation, allowing citizens to improve their living standards in real terms.
PM Wong also provided an economic outlook for 2024, predicting higher growth and lower inflation, which could lead to increases in real incomes for workers.
He noted that the government is closely monitoring economic conditions for 2025 and will reveal more of its plans in the upcoming Budget.
Recapping earlier initiatives, PM Wong said the government has allocated over $10 billion through the Assurance Package to help Singaporeans cope with rising living costs, including enhancements to the package.
He highlighted that this year, every household has received S$800 in CDC vouchers, alongside utility rebates and cash payouts.
PM Wong also touched on global inflation trends, explaining how disruptions from the pandemic and global conflicts affected prices.
He assured Singaporeans that the government has taken measures, such as strengthening the Singapore dollar, to shield them from the worst of these effects.
Netizens criticise government’s approach to rising cost of living
Hundreds of netizens have voiced their concerns under a Facebook post by The Straits Times on PM Wong’s video, criticising the government’s approach to addressing cost-of-living issues.
Many users expressed frustration, noting that despite the government’s repeated reassurances about helping Singaporeans, there has been a lack of action to address the ongoing increases in utility and transport fares.
Others echoed similar sentiments, with one user blaming the increase in GST to 9% as a major factor contributing to the rising cost of living. As Finance Minister, PM Wong was the key advocate of the GST hike and defended it when the opposition called for a deferment.
One netizen criticised the government’s actions as being counterproductive. They pointed out that while the government raises prices in several areas, it simultaneously claims to be providing help, which they view as contradictory.
Netizens call for action on rising rental costs, criticise reliance on CDC vouchers
Many commenters also criticised the distribution of CDC vouchers as insufficient, urging the government to tackle root issues such as high rental and housing costs.
One netizen argued that CDC vouchers provide little relief, and reducing rental, medical, and food costs would be a more effective solution.
Another user called for standardised rental prices for hawker stalls and suggested that the government should fine landlords who raise rents excessively.
Other commenters focused on the need for more substantial measures, such as controlling hawker stall and coffee shop leases.
They argued that skyrocketing rental prices directly affect consumers through higher food costs.
One user proposed reducing government officials’ salaries and reforming other key policies such as lowering the GST and making housing more affordable as real solutions.
Additionally, some netizens highlighted the need to address transport and rental costs, noting that higher transport and raw material costs will continue to drive up consumer prices.
They urged the government to reduce rent for commercial shops and food stalls.
Netizens call for concrete measures in addressing cost of living
Some netizens expressed doubts about the government’s efforts to address the cost of living, calling for more transparency and concrete actions.
Many have called for clear metrics, such as housing prices, Certificate of Entitlement (COE) prices, transportation costs, and population growth, to be presented as proof of the government’s commitment to tackling these issues.
Other commenters urged the government to avoid short-term solutions such as payouts, which could ultimately lead to higher taxpayer costs.
They suggested more long-term measures, including lowering CPF contribution rates, which they view as a financial burden on lower-income earners.
-
Comments1 week ago
Christopher Tan criticizes mrt breakdown following decade-long renewal program
-
Comments3 days ago
Netizens question Ho Ching’s praise for Chee Hong Tat’s return from overseas trip for EWL disruption
-
Crime2 weeks ago
Leaders of Japanese syndicate accused of laundering S$628.7M lived in Singapore
-
Current Affairs2 weeks ago
Chee Soon Juan questions Shanmugam’s $88 million property sale amid silence from Mainstream Media
-
Singapore1 week ago
SMRT updates on restoration progress for East-West Line; Power rail completion expected today
-
Singapore1 week ago
Chee Hong Tat: SMRT to replace 30+ rail segments on damaged EWL track with no clear timeline for completion
-
Singapore5 days ago
Train services between Jurong East and Buona Vista to remain disrupted until 1 Oct due to new cracks on East-West Line
-
Singapore5 days ago
Lee Hsien Yang pays S$619,335 to Ministers Shanmugam and Balakrishnan in defamation suit to protect family home