Archive for the ‘Economy’ Category
What happened to LKY’s wholly Singaporean workforce target by 1991?

What happened to LKY’s wholly Singaporean workforce target by 1991?

The New Year message by late Lee Kuan Yew (LKY) in 1982 was to have a wholly Singaporean workforce by 1991. The reason he cited was that it was not desirable socially, politically and economically to depend on a large migrant workforce, citing the examples of France, UK and even West Germany, which had large migrant workforces... 

Creating jobs for Singaporeans after the pandemic

Creating jobs for Singaporeans after the pandemic

The Singapore economy will be transformed. The global economy in the future will have less global trade. Most countries will manufacture a bigger proportion of their products at home. This will affect Singapore badly. There will be less global trade and the need for financial services. Many of the well paying jobs in the past... 



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