01 May '12, 11am

Overcoming Singapore's labour shortage "can be done": Lim Swee Say

Overcoming Singapore's labour shortage "can be done": Lim Swee Say

SINGAPORE: Labour shortage will be a long-term reality for Singapore, National Trades Union Congress secretary-general Lim Swee Say said in his annual May Day Rally. The only way to overcome the labour crunch is to raise productivity and wages at the same pace, he added, coining yet another phrase to put his message across. "The world of CBD is very well alive. By the way, CBD does not stand for central business district. CBD stands for the world of 'Can Be Done'," Mr Lim said. "Forget about growing the workforce from three million to five million to four million. Forget about that, because that will not lead us to a better world." "Let us accept that we do need to slow down, contain the growth of the workforce, especially foreign manpower," Mr Lim added. "Therefore, labour shortage will continue for the next many years. For that reason, every one of us should think about ...

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

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