30 Apr '16, 10am

PM Lee's May Day message: Singapore faces urgent task of transforming economy

SINGAPORE - Singapore must press on with the urgent task of transforming its economy, so that there will be more opportunities for workers and their families to improve their lives, Prime Minister Lee Hsien Loong said on Saturday (April 30). And preparing workers to take on good jobs will remain at the heart of the economic transformation, Mr Lee said in his annual May Day Message. "At the heart of our economic transformation is the need to ensure that Singapore continues to offer the right jobs, our workers have the right skills, and there is a good match between the two," he added. This process will entail many changes, but one thing will not change, Mr Lee said: "This Government remains on the side of workers." The economy grew 2.1 per cent last year, the slowest since the 2009 financial crisis. Mr Lee noted that apart from the ageing population and tight labour market,...

Full article: http://www.straitstimes.com/singapore/manpower/pm-lees-ma...

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