Chan Chun Sing says there are 3.5 million jobs for 2.5 million working adult Singaporeans
Singaporeans do not need to worry about not having a job because the country will not run out of jobs. According to Trade and Industry Minister Chan Chun Sing, there are 3.5 million jobs for 2.5 million working adult Singaporeans. The Minister was speaking at the Singapore Summit on Thursday, a forum on global trends. The forum...
Automation will make work easier and still keep many workers employed
There is a big risk that automation will make more people lose their jobs. This risk can be mitigated, but it require an enlightened government. What do I mean? 1. Automation can make the work easier for people, but it does not need to replace the worker entirely. For example, a self driving bus can remove the tedious work of...
1.3 Trillion Reserves?
(CNA, Aug 28) "The Government will take steps to strengthen its revenue position like raising the Goods and Services Tax (GST), but it will “carefully monitor” the timing of such moves by considering the state of the economy and spending needs" (BT, Nov 2, 2018) As to “GIC, the world’s eighth biggest sovereign wealth...
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