Economic Strategies Committee Ambitious Plan For Singapore
A high-level committee has unveiled ambitious plans aimed at transforming Singapore's economy over the next decade.
Top most on the Economic Strategies Committee (ESC) report is to make significant improvements in productivity in every sector of the country's economy.
The target - achieve productivity growth of two to three per cent a year over the next 10years. That will allow Singapore to grow its GDP by three to five per cent a year.
Source: Today Online
Improving productivity is all well and good. Since we will be cutting back on foreign workers (currently one-third of the work force) and standard of living keep going up, Singaporeans must become more productive...
But I hope employers don't interpret it as one person do two person's work leh, like that very stressed out. The next generation will find it difficult to give birth and raise kids properly in this kind of working environment.
Posted at 4:29 AM | Labels: Singapore news |
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