TR EMERITUS

In (LINK) the writer made a comment that the $8b Pioneer Generation Package was more than paid by the Net Investment Returns Contribution in a single year and future NIRC can be used for social spending. Of course, that attracted the attention of the Pro-PAP loony fringe. But first, here is a constructive response which deserves... 

Last week the MAS issued its macroeconomic review in which it stated that economic growth is expected to slow to 2.5% to 3% but labour productivity…. oops fell! This comes five years since the productivity drive began. A few days before, the Straits Times had this headline: “Foreign worker curbs could hit Singapore's growth... 

We refer to the article “Wage rise, but growth in productivity stalls” (Straits Times, Oct 29). Jobs: Highest level to Singaporeans? It states that “The percentage of job vacancies filled by Singaporeans rather than foreigners has reached its highest level since 2011. Nearly three out of every four positions in the first...