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Coffeeshop Chit Chat - TeoCheeBye fellating himself & PAPee!!!!</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>Fkapore <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>Feb-28 9:42 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 3) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>29345.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>DPM Teo Chee Hean praised govt for making ¡°good progress¡± in past productivity drives
February 28, 2010 by admin
Filed under Headlines
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Written by Our Correspondent
Deputy Prime Minister Teo Chee Hean became the latest PAP leader to urge Singapore workers and companies alike to boost their productivity.
The sudden change in tune is stunning given that his colleage Minister without portfolio Lim Swee Say had been exhorting Singaporeans to be ¡°cheaper, faster and better¡± since last year.
DPM Teo chairs the newly-formed National Productivity and Continuing Education Council and as expected, he heaped praises on the ¡°progress¡± made by previous productivity drives without substantiating his statements, made during a community event:
¡°We have made good progress in the past in our productivity drive and that is why we have been able to move our economy forward and have good jobs for many Singaporeans. But this is a constant effort and we have to renew and re-double our efforts,¡± he was quoted as saying in Channel News Asia.
According to a press release by the Reform Party last week, Singapore¡¯s labor productivity lags far behind that of other advanced economies:
¡°In manufacturing alone our productivity grew by an average of 0.7% p.a. over the period 2000-08 whereas South Korea, Taiwan, Sweden and the US managed 7.4%, 5.2%, 4.8% and 4.6% respectively over the same period. Out of a group of 17 economies we were second from bottom.¡±
[Source: Reform Party]
It is strange that DPM Teo would consider such a shocking figure of 0.7 per cent as ¡°good progress¡±. Perhaps he is not aware of the Reform Party article as he has been depending only on the state media, described as a ¡°trusted¡± source of news in Singapore by Minister Lui Tuck Yew for news only.
While all the PAP MPs have nothing but good words for the government¡¯s renewed productivity drive so far, Kenneth Jeyaretnam of the Reform Party casts doubts on the target 2 to 3 per cent productivity growth rate set by PM Lee which had shocked even Minister Lim Swee Say himself:
¡°The Honourable Minister talks about the need to raise our productivity growth rate to 2 to 3% per annum from its current level of less than 1% p.a. However, given that productivity fell by 1.1% in 2007, by 7.8% in 2008 and by 4.7% in 2009 (for a cumulative fall of 14%), we require at least six years of productivity growth at 2% p.a. to get back to where we were in 2006.¡±
DPM Teo added that there are ¡°many things¡± that need to be done again without elaborating:
¡°Our economy has changed and our workforce has moved up in terms of skills and productivity levels. And so we have to see how we can move even further up. While we have moved on, I must say the countries which are ahead of us have also moved on, and those countries behind us have also moved up. There are many things that need to be done. Companies need to take the lead. Workers also need to take ownership for their own upgrading and the government has a lot of work to do in the facilitation. It requires the companies, unions and government to work together.¡±
Under Singapore¡¯s unique ¡°tripartite¡± system, a government organization NTUC is charged with dealing with all matters pertaining to Singapore workers on their behalfs. But NTUC has been harping on the productivity issue for the past decade with no results to show.
DPM Teo should consider consulting Mr Kenneth Jeyaretnam, a double first-class economics graduate from Cambridge University with a wealth of experience in the finance industry.
With due respect to DPM Teo, he spent his entire career in the navy and government and is hardly the best person to take charge of Singapore¡¯s productivity drive.
As a matter of fact, he should walk his talk by boosting the productivity of his cabinet by cutting their pay. Despite a lackluster performance, Singapore¡¯s ministers are expected to receive a hefty 8.8 per cent pay rise this year.
<HR SIZE=1>Edited 3/1/2010 12:42 am ET by Fkapore</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap>
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February 28, 2010 by admin
Filed under Headlines
Leave a comment
Written by Our Correspondent
Deputy Prime Minister Teo Chee Hean became the latest PAP leader to urge Singapore workers and companies alike to boost their productivity.
The sudden change in tune is stunning given that his colleage Minister without portfolio Lim Swee Say had been exhorting Singaporeans to be ¡°cheaper, faster and better¡± since last year.
DPM Teo chairs the newly-formed National Productivity and Continuing Education Council and as expected, he heaped praises on the ¡°progress¡± made by previous productivity drives without substantiating his statements, made during a community event:
¡°We have made good progress in the past in our productivity drive and that is why we have been able to move our economy forward and have good jobs for many Singaporeans. But this is a constant effort and we have to renew and re-double our efforts,¡± he was quoted as saying in Channel News Asia.
According to a press release by the Reform Party last week, Singapore¡¯s labor productivity lags far behind that of other advanced economies:
¡°In manufacturing alone our productivity grew by an average of 0.7% p.a. over the period 2000-08 whereas South Korea, Taiwan, Sweden and the US managed 7.4%, 5.2%, 4.8% and 4.6% respectively over the same period. Out of a group of 17 economies we were second from bottom.¡±
[Source: Reform Party]
It is strange that DPM Teo would consider such a shocking figure of 0.7 per cent as ¡°good progress¡±. Perhaps he is not aware of the Reform Party article as he has been depending only on the state media, described as a ¡°trusted¡± source of news in Singapore by Minister Lui Tuck Yew for news only.
While all the PAP MPs have nothing but good words for the government¡¯s renewed productivity drive so far, Kenneth Jeyaretnam of the Reform Party casts doubts on the target 2 to 3 per cent productivity growth rate set by PM Lee which had shocked even Minister Lim Swee Say himself:
¡°The Honourable Minister talks about the need to raise our productivity growth rate to 2 to 3% per annum from its current level of less than 1% p.a. However, given that productivity fell by 1.1% in 2007, by 7.8% in 2008 and by 4.7% in 2009 (for a cumulative fall of 14%), we require at least six years of productivity growth at 2% p.a. to get back to where we were in 2006.¡±
DPM Teo added that there are ¡°many things¡± that need to be done again without elaborating:
¡°Our economy has changed and our workforce has moved up in terms of skills and productivity levels. And so we have to see how we can move even further up. While we have moved on, I must say the countries which are ahead of us have also moved on, and those countries behind us have also moved up. There are many things that need to be done. Companies need to take the lead. Workers also need to take ownership for their own upgrading and the government has a lot of work to do in the facilitation. It requires the companies, unions and government to work together.¡±
Under Singapore¡¯s unique ¡°tripartite¡± system, a government organization NTUC is charged with dealing with all matters pertaining to Singapore workers on their behalfs. But NTUC has been harping on the productivity issue for the past decade with no results to show.
DPM Teo should consider consulting Mr Kenneth Jeyaretnam, a double first-class economics graduate from Cambridge University with a wealth of experience in the finance industry.
With due respect to DPM Teo, he spent his entire career in the navy and government and is hardly the best person to take charge of Singapore¡¯s productivity drive.
As a matter of fact, he should walk his talk by boosting the productivity of his cabinet by cutting their pay. Despite a lackluster performance, Singapore¡¯s ministers are expected to receive a hefty 8.8 per cent pay rise this year.
<HR SIZE=1>Edited 3/1/2010 12:42 am ET by Fkapore</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap>
