12 Feb '12, 7am

Budget 2012 immediate concerns

SINGAPORE: Budget 2012 will be delivered on Friday and it comes at a time of an uncertain economic landscape. While the government has said the focus will be on the long-term competitiveness of Singapore, those Channel NewsAsia spoke with said there are immediate concerns that need to be addressed. One thing cropped up among all those interviewed - rising costs not just for businesses but also the individual. The call to increase wages remains a constant. While productivity improvement is seen as a long-term solution, observers said the government can introduce some interim measures. For example, subsidise the pay for low-wage workers, only for the short term, so companies have time to work on improving productivity. Member of Parliament (MP) for Ang Mo Kio Group Representation Constituency (GRC) Inderjit Singh is one of them. He said: "I'm not suggesting minimum wage full...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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