The big shift

[MarrickG]

A BIG shift in the way Singapore grows its economy is on the cards after a high-powered economic committee submitted its blueprint for the future on Monday.

The changes will be wide-reaching, affecting everyone from employers to workers, but are considered necessary if Singapore is to make the next leap in its economic development.

The 25-member Economic Strategies Committee (ESC) said the country urgently needs to break out of its cycle of low productivity and build a highly skilled workforce and an innovative economy.

Productivity growth must rise to 2 per cent to 3 per cent annually from the dismal 1 per cent achieved in the last 10 years. For this to happen, workers' skills need upgrading, as in past productivity drives.

But the committee, made up of public and private sector chiefs, is pressing for far more fundamental change. It wants companies to change how they work, and rely more on technology and innovation to drive productivity gains.

The Government must help companies make the transition, it added, but foreign worker levies also need to go up.

 

[LeeLaoPeh]

the big shit

 

[zuoom]

how does one build an "innovative" economy?

highly skilled, yes. with training n more specalised training. innovative?

 

[eatshitndie]

*yawn*

they have been talking about this since the 90's.

 

[SIFU]

The Government must help companies make the transition, it added, [COLOR="Red"][B]but foreign worker levies also need to go up[/B][/COLOR].[/QUOTE]

talk so much cock for fuck:mad::oIo:

that sentence in RED is all that matters to them:oIo:

 

[ahleebabasingaporethief]

All these big salaried people must be SEEN to be doing something.

I liken it to a few friends get together over kopi or golf, talk cock sing song for a few hours; then decide ok, we do this we do that. But in the end, ALL TALK COCK SING SONG ONLY.

Best idea was S'pore going NUCLEAR.

Yes do that. We will be the ISRAEL of Asean
​

 

[saratogas]

13 Chia Liao Bees' innovation is to charge more, making it harder for local business.

"Let us teach Chicken to fly..."

 

[i_am_belle]

yeah, one question i have is - how come they don't need the tanjong pagar port anymore ? isnt the port more important than another marina bay 'shoppng & liestyle' district ?

 

[ChaoPappyPoodle]

Lim Swee Say and Gan Kim Yong are on the committee.

You believe them?