Singapore: Progression a Fitting New Mantra for Workers & Companies

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Singapore’s outgoing Minister of Trade and Industry laid out the National Trades Union Congress aim to assist workers find progression, on top of ensuring their protection and providing them with union membership privileges.Companies with low labor surplus find it hard to compete, however companies with high labor surplus ratio will not be affected.

The government’s aim is for companies to eventually be able to sustain their workforce and wages and is mainly to adopt advanced manufacturing technologies and attracting further investments from advanced countries.