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Our dearest million dollar President Halimah say cost cutting at workers' expense is not sustainable worh

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Cost-cutting at expense of workers’ well-being not sustainable, says President Halimah at ILO meeting​

2022120631102774e794b46a-0182-4434-b5e4-d05e07043a63_1.jpg

President Halimah Yacob said the unsustainable growth model also exerts tremendous pressure on our climate. ST PHOTO: GIN TAY

Tay Hong Yi
UPDATED 1 HOUR AGO

SINGAPORE - Extreme cost-cutting measures driven by intense competition in a world where capital can move freely across borders can result in a race to the bottom for wages and labour standards if left unchecked, said President Halimah Yacob on Tuesday.

“This is an unsustainable growth model which also exerts tremendous pressure on our climate,” said Madam Halimah at the opening session of the 17th Asia and the Pacific Regional Meeting of the International Labour Organisation (ILO), which ends on Friday.

That is why a platform like the quadrennial meeting, which Singapore is currently hosting at the Raffles City Convention Centre, is needed to allow ILO members to work together on improving wages and working conditions, she said.

“While our national contexts differ, we face many common issues and can benefit from the benchmarks provided by labour standards and good practices, which provide useful inputs for labour policies and practices,” she said.

“The ILO’s role is even more critical today (as) it is estimated that nearly 100 million people have already been pushed into poverty this year by the combined effects of the pandemic, inflation and Russia’s invasion of Ukraine.”

She said the ILO also facilitates the sharing of different perspectives on good practices, such as two key occupational safety and health conventions of the ILO that Singapore ratified in 2012 and 2019.

Madam Halimah served on the United Nations agency’s governing body from 1999 to 2011.

The regional meeting was last held in Bali in 2016. The latest edition, which should have been held in 2020, is being held only now due to the Covid-19 pandemic.

About 500 delegates, including 19 ministers and vice-ministers, from 33 Asia-Pacific countries are attending the four-day meeting chaired by Minister for Manpower Tan See Leng.

They will hold discussions on a range of topics, including productivity growth and social protection.

In his opening remarks, Dr Tan said that inflation, supply chain disruptions and geopolitical uncertainties threaten to make achieving a post-pandemic recovery that focuses on the well-being of workers even more challenging.

Echoing Madam Halimah’s speech, Dr Tan said the ILO sets out a very clear global strategy, anchored on dialogue and collaboration between workers, employers and the government, to stimulate the workforce’s recovery.

He added that Singapore, like many other countries, took guidance from the ILO on saving jobs, supporting workers and businesses, as well as protecting livelihoods amid the Covid-19 job crisis.

“Now, as we look to the future, tripartite partners are similarly working hand in hand to see how we can continue to transform both our businesses and our workforce to adapt to a new economic environment.”

Attending the meeting for the first time is Mr Gilbert Houngbo, who was elected the ILO’s director-general in October 2022.

Speaking to reporters before the opening session, Mr Huongbo, who is from Togo, said employment numbers in the Asia-Pacific region and Arab states have recovered.

But, he added, job growth in the region “has been mainly within the lower tiers of job quality”.

“More than ever, workers are getting by on informal work in jobs that provide little in the way of protection and security,” said Mr Huongbo, whose office issued a report in October on the need to promote recovery of the workforce that is socially just and centred on workers’ well-being.

The report is also being discussed by delegates on Tuesday and Wednesday.

Responding to a question on post-pandemic recovery, Mr Huongbo noted that the hours worked globally declined by 1.5 per cent in the third quarter of 2022, disproportionately affecting lower-skilled informal workers, who are also squeezed harder by inflation.

He said: “With effective pro-employment policies, more social protection, a respect for labour rights, constructive social dialogue and an enabling business environment, countries can equip themselves to benefit from the future of work.”
 
Why does Singapore wish to project a hijab wearing President, to the world, when it claims to be secular?
 

Cost-cutting at expense of workers’ well-being not sustainable, says President Halimah at ILO meeting​

2022120631102774e794b46a-0182-4434-b5e4-d05e07043a63_1.jpg

President Halimah Yacob said the unsustainable growth model also exerts tremendous pressure on our climate. ST PHOTO: GIN TAY

Tay Hong Yi
UPDATED 1 HOUR AGO

SINGAPORE - Extreme cost-cutting measures driven by intense competition in a world where capital can move freely across borders can result in a race to the bottom for wages and labour standards if left unchecked, said President Halimah Yacob on Tuesday.

“This is an unsustainable growth model which also exerts tremendous pressure on our climate,” said Madam Halimah at the opening session of the 17th Asia and the Pacific Regional Meeting of the International Labour Organisation (ILO), which ends on Friday.

That is why a platform like the quadrennial meeting, which Singapore is currently hosting at the Raffles City Convention Centre, is needed to allow ILO members to work together on improving wages and working conditions, she said.

“While our national contexts differ, we face many common issues and can benefit from the benchmarks provided by labour standards and good practices, which provide useful inputs for labour policies and practices,” she said.

“The ILO’s role is even more critical today (as) it is estimated that nearly 100 million people have already been pushed into poverty this year by the combined effects of the pandemic, inflation and Russia’s invasion of Ukraine.”

She said the ILO also facilitates the sharing of different perspectives on good practices, such as two key occupational safety and health conventions of the ILO that Singapore ratified in 2012 and 2019.

Madam Halimah served on the United Nations agency’s governing body from 1999 to 2011.

The regional meeting was last held in Bali in 2016. The latest edition, which should have been held in 2020, is being held only now due to the Covid-19 pandemic.

About 500 delegates, including 19 ministers and vice-ministers, from 33 Asia-Pacific countries are attending the four-day meeting chaired by Minister for Manpower Tan See Leng.

They will hold discussions on a range of topics, including productivity growth and social protection.

In his opening remarks, Dr Tan said that inflation, supply chain disruptions and geopolitical uncertainties threaten to make achieving a post-pandemic recovery that focuses on the well-being of workers even more challenging.

Echoing Madam Halimah’s speech, Dr Tan said the ILO sets out a very clear global strategy, anchored on dialogue and collaboration between workers, employers and the government, to stimulate the workforce’s recovery.

He added that Singapore, like many other countries, took guidance from the ILO on saving jobs, supporting workers and businesses, as well as protecting livelihoods amid the Covid-19 job crisis.

“Now, as we look to the future, tripartite partners are similarly working hand in hand to see how we can continue to transform both our businesses and our workforce to adapt to a new economic environment.”

Attending the meeting for the first time is Mr Gilbert Houngbo, who was elected the ILO’s director-general in October 2022.

Speaking to reporters before the opening session, Mr Huongbo, who is from Togo, said employment numbers in the Asia-Pacific region and Arab states have recovered.

But, he added, job growth in the region “has been mainly within the lower tiers of job quality”.

“More than ever, workers are getting by on informal work in jobs that provide little in the way of protection and security,” said Mr Huongbo, whose office issued a report in October on the need to promote recovery of the workforce that is socially just and centred on workers’ well-being.

The report is also being discussed by delegates on Tuesday and Wednesday.

Responding to a question on post-pandemic recovery, Mr Huongbo noted that the hours worked globally declined by 1.5 per cent in the third quarter of 2022, disproportionately affecting lower-skilled informal workers, who are also squeezed harder by inflation.

He said: “With effective pro-employment policies, more social protection, a respect for labour rights, constructive social dialogue and an enabling business environment, countries can equip themselves to benefit from the future of work.”


She is trying to imply a huge wave of another huge cost cutting is on its way
CECA will be much impacted in FinTech industry

She is more worried for CECA because she was born there. NOT in SG.\
She does not care for Singaporeans
 
If she has any integrity, she should insist that the prior Presidential elections not be a reserved PE.
I wonder how as a lawyer and the Speaker of Parliament, she met the requirement, re a candidate must be the CEO of a major public company (as in experience in the complexities and financial challenges of managing a large corporation).
Being the Speaker of Parliament does not qualify. One of my speculativr reasons is that she may not be able to understand financial accountjng and financial statements, let alone the country's reserves and financial resources.
In addition, I wonder how many Singaporeans, except for the Muslims, are proud of a female Muslim woman waering the hijab, as the President. Why does a secular Singapore government project that image to the world?
In addition, if the PAP had wanted to amend the Constitution to introduce a Reserved Presidential Elections, morally, the PAP should have campaigned on it at the general elections prior to the PE, because in the past 50 or more years, the PAP always had a very significant majority in Parliament to amend the Constitution to suit its agenda.
 
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If she has any integrity, she should insist that the prior Presidential elections not be a reserved PE.
I wonder how as a lawyer and the Speaker of Parliament, she met the requirement, re a candidate must be the CEO of a major public company (as in experience in the complexities and financial challenges of managing a large corporation).
Being the Speaker of Parliament does not qualify. One of my speculativr reasons is that she may not be able to understand financial accountjng and financial statements, let alone the country's reserves and financial resources.
In addition, I wonder how many Singaporeans, except for the Muslims, are proud of a female Muslim woman waering the hijab, as the President. Why does a secular Singapore government project that image to the world?
In addition, if the PAP had wanted to amend the Constitution to introduce a Reserved Presidential Elections, morally, the PAP should have campaigned on it at the general elections prior to the PE, because in the past 50 or more years, the PAP always had a very significant majority in Parliament to amend the Constitution to suit its agenda.
She should behave like Anwar, not drawing salary..

Suggest she returns all the salary drawn in the past 6 years to prove her integrity
 
Can talk cock like sing song for a country that does not impose minimum wage......
 
She has no moral standing to talk about costs-cutting when she costs the State so much in terms of her salary and perks for doing precious little beyond ceremonial duties. Really jiakliaobee.
 
She should behave like Anwar, not drawing salary..

Suggest she returns all the salary drawn in the past 6 years to prove her integrity
Her skin is triple times thicker than elephant and skin bullets proof.
 
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